Credit Analyst I - Midtown Financial Center
Company: Northrim Bank
Posted on: June 21, 2022
At Northrim Bank, our vision is to be Alaska's premier bank and
employer of choice! We are looking for professional and
knowledgeable employees who take pride in their work. We believe in
providing value for our customers and communities.Position Summary:
This position is responsible for spreading the financial statement
information of borrowers/companies and industries, and for
performing research/analysis related to projects such as industry
studies, loan administration, basic financial analysis, and other
duties as may be assigned by Management. This position embraces
Northrim's mission, vision and values and provide superior customer
first service. Job Functions and Responsibilities ---Gather and
review routine credit information for loans. ---Spread
financial/credit information. ---Analyze financial statements.
---Determine trends. ---Identify credit issues and key credit
risks. ---Calculate cash flow and ability to service debt payments.
---Evaluate collateral values. ---Calculate financial ratios.
---Consult with Officers of Account to resolve questions.
---Conduct research on various credit related topics as assigned.
---Provide written analysis of the financial statements including
global cash flow, debt service coverage, financial ratios and other
complex financial topics unique to each customer. ---Monitor and
follow-up on the receipt of financial statements for large
borrowers. ---Provide support to officers of account in preparation
of credit presentations to approval committees/or designated
approver. ---Prepare various loan portfolio reporting. ---Prepare
reports that include risks and concerns associated with borrowers.
---Compile data from credit histories and financial statements.
Performs credit history investigations on new and existing
customers through the use of third party credit reports.
---Research payment issues. ---Comply with company policies,
procedures, and regulations while performing the functions of the
position. ---Maintain customer confidence and protects the Bank by
keeping information confidential. ---Assist lenders with
underwriting, documenting and managing customer relationships.
---Other duties as assigned by Management. Leadership Demonstrate
the following competencies each day: ---Self-Focused Competencies:
honorable character, intra-personally astute, effective
communicator, displays common sense, directs action toward big
picture, and engaged, dynamic, expert. ---Team Focused
Competencies: builds high performing teams, manages performance
expectations, manages productivity & in action oriented. Bank-Wide
Expectations ---Mission Vision Values (MVV) and Superior Customer
First Service: Observe the Northrim Bank MVV and provide Superior
Customer First Service through review of the Daily Focus. Adhere to
all Service Standards. Show support by wearing Northrim pins and
campaign buttons. Attend the All Employee Meetings. Maintain
regular and predictable attendance. ---Sales, Growth and Community:
Strive to build long lasting relationships with both internal and
external customers. Engage in the Northrim Community and represent
the Bank professionally at all times, by displaying a positive and
professional image, while adhering to the Personal Appearance
Policy. Represent the Bank by finding ways to promote Northrim
products and services and those of the Bank's affiliates.
Participate and engage in outreach to fellow employees and
community functions. ---Branch, Department, Bank-wide Business
Plans: Support the Bank and departmental Business Plan by working
efficiently and achieve outlined goals. Endorse
department/marketing campaigns and make quality suggestions to
enhance profitability. ---Regulation, Policy and Procedures: Adhere
to Northrim's policies and procedures, as well as federal and state
regulations. Assist management to achieve satisfactory audit
results by accurate and timely completion of assigned
certifications, maintaining effective controls and current
procedures. Identify fraudulent activity and help others to prevent
potential losses. Safeguard confidentiality of customer information
per the Information Security Policy and procedures. Measurable
Production Guidelines ---Complete assigned tasks within department
standards for accuracy and timeliness. ---Prepare all spread
requests and analysis functions within required time frames.
---Ensure that all required timelines are met in the facilitation
of the processes required for obtaining credit approvals.
---Complete reports as assigned within required timeframes.
---Participate in and complete all required training throughout the
year. Qualifications Education/Work Experience ---Two years of
college level accounting classes required. ---Equivalent
combination of education and related work experience in loan
production, loan servicing or loan documentation may be considered.
---Related military education/experience may be used as a
substitute for education or work experience. Knowledge ---Thorough
working knowledge of corporate financial statements and
commercial/corporate structure. ---Ability to add, subtract,
multiply, and divide, using whole numbers, common fractions, and
decimals. Able to compute rate, ratio, and percent. ---Working
knowledge of generally accepted accounting principles, ability to
analyze business and guarantor financial statements, tax returns,
and collateral. Analytical & Decision Making Skills ---Work is
somewhat complex. Use logic and reasoning to analyze financial and
credit information. Analytical and problem solving skills required.
---Ability to work under general direction from manager and
complete work independently with minimal supervision or guidance.
---Ability to set priorities and meet established deadlines.
---Enjoy working in a fast-paced environment that requires
attention to detail and accuracy. ---Must be a critical thinker,
detail oriented, and have the ability to develop and implement
plans. Communication Skills ---Ability to competently read, write,
and speak English sufficiently to comprehend, analyze, and
effectively communicate business memorandums, technical procedures,
and government regulations. ---Ability to communicate in a clear
and concise manner with staff, and management both written and
verbally. ---Strong interpersonal skills and customer service
skills and communicate information in a positive and professional
manger. Computer/Software/Other Equipment Skills ---Ability to
navigate through developed spreadsheets, databases and models used
in balancing daily work. ---Able to comprehend and respond to new
software and program upgrades. ---Capable of operating PCs and
standard office equipment. ---Proficient knowledge of MS Office
Suite, including Word, Excel, PowerPoint, and Outlook. Ability to
operate standard office equipment such as PC, printer, fax/copier,
and telephone. Non-Exempt Grade 15 Full-Time Northrim Bank is an
equal opportunity and affirmative action employer. Northrim Bank
does not discriminate in employment based upon race, color,
religion, sex, sexual orientation, gender identity, age, national
origin, physical or mental disability, protected veteran status,
pregnancy, parenthood, marital status, changes in marital status,
genetic information or any other status protected by federal, state
or local law.
Keywords: Northrim Bank, Anchorage , Credit Analyst I - Midtown Financial Center, Professions , Anchorage, Alaska
Didn't find what you're looking for? Search again!