Credit Analyst I

A GREAT PLACE TO WORK AND BANK

Join our team! 1st Security Bank team members deliver service that "WOWs" each other and our customers. We value relationships, teamwork, community, and professional growth in a safe, friendly, and progressive workplace. We celebrate diversity and support equality for all. If you share these core values and are committed to career excellence, let us help you reach your dreams!

If you are the type of individual that would enjoy working at one of the Puget Sound's Best Places to Work for 9 years in a row and focuses on providing an exceptional client experience, then 1st Security Bank is the place for you. 1st Security Bank was named a bronze medal winner in its class in the Puget Sound Business Journal's Best Workplaces contest in its first year nominated and is also consistently rated a 5 star Bank in Washington State by Bauer Financial, an independent bank rating firm.

 POSITION SUMMARY:   

Responsible for effectively conducting credit analysis including gathering, analyzing, and interpreting all types of credit information on existing and prospective customers and portfolios. You will work closely with and assist your respective Team Leader and Relationship Managers with analysis and underwriting of new loan applications and portfolio management. You will apply your strong credit skills to structure loans with low to moderate complexity, while balancing loan growth with strategic risk management to ensure default risk is appropriately mitigated. You will also utilize your excellent organization skills with continual monitoring of the loan portfolio to ensure credit files are complete and well-maintained and notifying the Relationship Manager, Team Leader and the CCO of any potential adverse information and financial trends.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

• Prepare and present credit requests to Team Leader, Relationship Managers, Credit Administration and loan committee for use in support of lending decisions on new loans, renewals of existing credit, and increased exposure to existing Clients.

• Knowledge of commercial, construction and real estate credit analysis.

• Maintain loan and portfolio credit quality through annual and quarterly covenant, risk rating and trend analysis.

• Gather and analyze credit information on current and potential borrowers including preparation of financial statement spreads for borrowers and guarantors.

• Assess liquidity, leverage, cash flow and contingent liabilities of businesses and individuals.

• Research market for prospective clients.

• Make joint calls on customers and prospects.

• Prepare loan approval memorandums for new and existing clients, with oversight by Team Leader, Relationship Managers and Credit Administration.

• Work in concert with Credit Administration, Relationship Managers and Team Leader to organize and manage a tickler system on all loan relationships.

• Ability to prioritize and meet deadlines.

• Ability to work well in a team environment that promotes inclusiveness and communication among team members.

• Monitor customer’s accounts and portfolios in order to maximize credit quality and minimize risk of potential loss.

• Positive attitude and desire to learn.

• Perform other duties as assigned.

YOU WILL BE ELIGIBLE FOR

• Full medical, dental, and vision coverage for individual or family plan.

• Life insurance.

• Long-term disability insurance.

• 401K matching program.

• Paid sick and vacation time.

OUR CORE VALUES

• Relationship Driven - we strive to "WOW" (surprise, excite and delight) each other and our customers.

• Ethical - fair, honest and act with integrity.

• Lead by Example - maintain a positive attitude, show respect for others, and have some fun!

• Accountable - we take our responsibilities seriously and we meet our commitments with urgency.

• Team Player - dependable, enthusiastic contributor to team success and to the greater good of the bank.

• Embrace Dreams - we encourage each other to reach for our dreams.

• Diversity - we celebrate diversity and support equality for all.

• Community Oriented - we actively support our communities and the Bank's CRA initiatives.

• Open and Honest Communication - always professional, responsive, and timely.

EDUCATION and/or EXPERIENCE

• Bachelor's Degree in Business, Finance, or Accounting and/or equivalent combination of education and experience.

• Two to five years of experience in credit underwriting, loan structuring, credit policy analysis and portfolio management.

• Two to five years of sales and customer service experience in the financial services industry.

• Exposure to SBA products and procedures is a plus.

• Thorough knowledge of applicable bank and branch policies, procedures, and support systems.

• Well-developed analytical skills and attention to detail and accuracy.

• Ability to work with minimal supervision while performing duties.

• Ability to deal with normal challenges involving multiple facets and variables.

• Demonstrated ability to make one-on-one and group presentations.

• Ensures excellent internal and external client relations at all times.

• Excellent interpersonal, verbal, and written communication skills.

• Knowledge of the Bank Secrecy Act, Anti-Money Laundering and applicable policies, procedures and regulations that pertain to this position is required.

• Proficient in Microsoft Office products and other database software.

• Salary range reflects Credit Analyst I, II and III and is determined based on experience.

COMPUTER SKILLS

To perform this job successfully, an individual should be proficient in Microsoft Office products and other database software.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• The employee will operate in a general office environment, using office equipment such as a telephone and a computer.

• The noise level in the work environment is usually quiet to moderate as compared to a private office with light foot traffic and office equipment.  The employee must be able and willing to interact frequently with the general public.