MRISpokane - Tulsa, OK

posted 7 days ago

Full-time - Mid Level
Tulsa, OK

About the position

The Credit Analyst position at MRISpokane involves supporting Commercial Loan Officers in underwriting new credits and managing credit relationships. The role requires independent analysis of loan requests, financial conditions, and collateral valuations, ensuring compliance with credit policies and ongoing monitoring of borrower relationships.

Responsibilities

  • Provide guidance and on-the-job training to Credit Analyst I(s).
  • Analyze the financial condition of businesses and individuals, evaluating repayment sources and collateral quality.
  • Act as a control point in the loan approval process to ensure adherence to credit policies and loan covenants.
  • Interpret and analyze applicants' business plans and financial statements in accordance with GAAP and bank procedures.
  • Prepare loan presentations detailing credit structure, management evaluation, and industry background.
  • Provide recommendations for existing commercial loan relationships, noting any deviations.
  • Conduct ongoing collateral analysis for existing loans, including inventory and accounts receivable substantiation.
  • Understand documentation requirements for credit-enhanced lending programs like SBA.
  • Participate in customer and prospect site visits to gain insights into client operations.
  • Provide post-funding analytical support and portfolio maintenance.
  • Assist with various administrative tasks and special projects as directed.
  • Maintain knowledge of the bank's lending policies and procedures for various loan types.
  • Ensure compliance with regulations from governing agencies and industry best practices.
  • Follow all bank policies and procedures.

Requirements

  • Mid-level experience in credit analysis or related field.
  • Strong understanding of GAAP and TILA regulations.
  • Ability to analyze financial statements and business plans.
  • Experience in collateral valuation and risk assessment.
  • Knowledge of credit policies and loan covenants.

Nice-to-haves

  • Experience with SBA lending programs.
  • Familiarity with regulatory compliance in banking.

Benefits

  • On-the-job training
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