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Credit Risk Analyst I, II or Sr.

Company: Security National Bank of Omaha
Location: Omaha
Posted on: March 19, 2023

Job Description:

As a family-owned business that spans five decades and three generations since 1964, we value relationships, supporting each other s unique differences. We understand the importance of personal belonging which is why you ll hear our employees talk about being part of the SNB family. Now, more than ever, as we ve expanded our roots into new markets, it s the prime time to join our growing team. As a community bank, we offer comprehensive financial solutions for personal, business, and private banking, treasury management, wealth management and mortgage needs in Nebraska, Iowa, and Texas. We have 10 convenient full-service branch locations in the Omaha and Council Bluffs as well as full-service branches in the Jordan Creek area of West Des Moines and in uptown Dallas. Learn more about our story at or visit us on LinkedIn and Facebook. JOB SUMMARY This position is responsible for exercising discretion and independent judgment in an analytical capacity by underwriting loans using the bank s lending software - completing written analyses of the applicant s ability to repay the loan and assess the strengths and weaknesses of the Bank s repayment sources considering industry and other environmental trends. Assists assigned Relationship Managers with monitoring and managing credit risk for existing client relationships. Interprets and carries out policies relating to all phases of credit administration department functions. ESSENTIAL FUNCTIONS Financial Analysis & Credit Underwriting (60%)

  • For Commercial & Industrial (C&I) businesses, commercial real estate investors, and private banking clients:
  • New Business: For new or existing relationships with proposed credit exposure generally over Loan Committee thresholds, prepare a Credit Memo with the Relationship Manager including: analysis of the business and industry, financial statement changes and trends, cash flow adequacy, collateral coverage, and Guarantor support (including a global cash flow analysis, as needed). Address causes (how/why) for material changes. Cite mitigants and provide remediation for weaknesses and potential problems. Identify and discuss strengths, weaknesses, opportunities, and threats.
  • Renewals: For relationships with credit exposure generally over Loan Committee thresholds, approximately 60 days prior to maturity of loans, review the Renewal Checklist prepared by the Relationship Coordinators. If not prepared, check the loan system (or credit file) and inform the Relationship Coordinator and Relationship Manager of financial statements, collateral reports, personal financial statements, tax returns, and other customary documentation needed to underwrite the renewal. Underwrite the Borrower and obtain approval for renewal ideally 30 days, but not less than 10 days, prior to maturity. Reviews (20%)
    • As part of the ongoing portfolio management for Commercial & Industrial (C&I) businesses, commercial real estate investors, and private banking clients:
    • Annual Credit Reviews: For Borrowers generally over Loan Committee thresholds, determine on-going credit quality and appropriateness of the assigned risk rating by reviewing the Borrower s payment history, financial statement trends & cash flow, and/or operating statements and rent rolls for the Bank s commercial real estate collateral.
    • Loan Reviews: As requested, assist with the independent Loan Review process by completing Loan Reviews in conjunction with the Annual Credit Review.
    • Problem Asset Reports: Coordinate and assist the Relationship Manager with the completion of individual monthly reports for loans risk rated Special Mention or worse to ensure completeness and accuracy including: Risk rating rationale, nonaccrual & TDR determination, reserve & impairment discussion, cash flow analysis, collateral analysis, guarantor analysis, strategy statement, and current action plans with S.M.A.R.T. goals.
    • Complete reviews of the Bank s investments, as assigned.
    • Complete financial analyses of the Bank s vendors, as assigned. Financial Statement Spreading (10%)
      • Create/update spreads of financial statements or tax returns using software and test for compliance with financial covenants, when applicable.
      • Verify that the tracking items are accurate and update them if they are not, in addition to the normal spreading done in conjunction with underwriting and reviews. Consumer Underwriting (5%)
        • Assists in the underwriting of consumer loans. Other Duties as Assigned (5%)
          • Minutes: Record and distribute minutes for Loan Committee meetings.
          • Meetings: Assist with conducting the Past Due Meeting by presenting various reports on the projector and advise Loan Committee members of liens and garnishments since the last meeting.
          • Prepare real estate evaluations and complete appraisal reviews.
          • Assist with portfolio management by completing floor plan inspections, borrowing base reviews, or collateral exams.
          • Assist with the preparation of monthly monitoring reports and credit analytics.
          • Conducting joint customer calls with Bankers as needed. Performs other duties as required and assigned. KNOWLEDGE, SKILLS AND ABILITIES
            • Ability to demonstrate strong analytical skills with a thorough knowledge and understanding of financial statements and tax returns including an understanding of Generally Accepted Accounting Principles (GAAP)
            • Sr. Level - Advanced knowledge and understanding of credit policy and procedures and is able to accurately risk-rate loans/credits, evaluates both cash-flow and collateral-based loans/credits
            • Sr. Level - Advanced knowledge and understanding of essential loan documents including credit agreements and security agreements, as well as familiarity with banking regulations as pertains to commercial lending policy
            • Sr. Level - Ability to handle complex lending problems involving multiple facets and variables in non-standardized situations
            • Ability to communicate effectively both verbally and in writing using good business writing skills
            • Excellent time management, and attention to detail skills, along with an ability to prioritize multiple tasks to meet deadlines
            • Strong critical thinking skills using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
            • Advanced skills with Word, Excel, Outlook, and bank loan systems
            • Ability to maintain predictable and reliable attendance
            • Ability to complete required training by assigned due date EDUCATION
              • Minimum of a bachelor s degree in finance, accounting or related business field, or equivalent banking experience required EXPERIENCE
                • Minimum of 1-3 yrs of credit analysis experience for a Level I, 3 years for a Level II and 4-5 yrs for a Sr. Level required within the banking industry preferred
                • Previous experience using BankersHub software preferred
                • Sr. Level - Specific expertise in credit decisions and understanding of credit risk thresholds and managing credit risk. Equivalent education and experience will be considered AFFIRMATIVE ACTION Security National Bank provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws.

Keywords: Security National Bank of Omaha, Omaha , Credit Risk Analyst I, II or Sr., Accounting, Auditing , Omaha, Nebraska

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