Credit Analyst
Company: BOGOTA SAVINGS BANK
Location: Teaneck
Posted on: May 16, 2022
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Job Description:
Job Title: Credit Analyst
Department: Lending
FLSA Status: Non-Exempt
Summary
Under the limited supervision of the Chief Lending Officer, the
incumbent is responsible for a wide range of credit related support
functions. Responsibilities include gathering and analyzing credit
information, leases and real estate appraisals on current and
potential borrowers; determines the advisability of granting credit
for diversified types of real estate loans; Prepares loan requests
for Internal Loan Committee; Promotes business for the Bank by
maintaining good customer relations and referring customers to
appropriate staff for new services. The Credit Analyst acts as a
secondary point of contact for commercial real estate banking
clients. A minimum of two years of banking experience and formal
credit training is needed. Strong written and verbal communication
skills required. Incumbent must be detailed oriented, organized and
have a thorough knowledge of Microsoft Word and Excel.
Essential Duties and Responsibilities include the following. Other
duties may be assigned.
- Reviews Commercial Real Estate Loan documentation at inception
and annual review
- Prepares and makes ongoing assessment relative to credit risk
ratings for all commercial real estate loans.
- Prepares Credit Analysis Packages
- Enter loans in department application systems and prepare
recommendation for term sheet.
- Responsible for interviewing prospective borrower and loan
officer for proper fact finding and preparation of loan
offering.
- Responsible for analyzing all credit reports, property search,
appraisal, judgment search, environmental report, leases and other
investigative reports as per department procedures and loan
policy.
- Responsible for daily tracking and following up for the timely
receipt of reports, appraisals and applicant documentation to
ensure the expedient processing of all loans.
- Prepare any necessary correspondence to customers regarding
needed financial information for new loan requests and annual
review of each file.
- Prepares annual reviews on commercial real estate lending
relationships
- Handle internal and external customer inquiries (phone and
written correspondence).
- Must be knowledgeable of the Bank's computer system and
departmental software applications.
- Must have familiarity with all policies, products, documentation
requirements and procedures relating to commercial real estate
lending.
- Must be familiar with and adhere to all lending compliance
regulations. Must also know the Bank's policy on Bank Secrecy Act
and CIP Procedures..
- Perform other duties as required for the efficient functioning of
the department.
Supervisory Responsibilities
This job has no supervisory responsibilities.
Competencies
To perform the job successfully, an individual should demonstrate
the following competencies:
Analytical - Synthesizes complex or diverse information; uses
intuition and experience to complement data; designs work flows and
procedures.
Continuous Learning - Seeks feedback to improve performance;
pursues training and development opportunities; strives to
continuously build knowledge and skills; shares expertise with
others.
Job Knowledge - Competent in required job skills and knowledge;
exhibits ability to learn and apply new skills; keeps abreast of
current developments; displays understanding of how job relates to
others; uses resources effectively.
Use of Technology - Demonstrates required skills; adapts to new
technologies; uses technology to increase productivity; keeps
technical skills up to date.
Design - Generates creative solutions; demonstrates attention to
detail.
Problem Solving - Identifies and resolves problems in a timely
manner; gathers and analyzes information skillfully; develops
alternative solutions; works well in group problem solving
situations; uses reason even when dealing with emotional
topics.
Project Management - Completes projects on time and budget.
Customer Service - Responds to requests for service and assistance;
meets commitments.
Communications - Expresses ideas and thoughts verbally; expresses
ideas and thoughts in written form; exhibits good listening and
comprehension; keeps others adequately informed; selects and uses
appropriate communication methods.
Cooperation - Establishes and maintains effective relations;
exhibits tact and consideration; offers assistance and support to
co-workers; works cooperatively in group situations; works actively
to resolve conflicts.
Oral Communication - Speaks clearly and persuasively in positive or
negative situations; listens and gets clarification; responds well
to questions; participates in meetings.
Teamwork - Balances team and individual responsibilities; exhibits
objectivity and openness to others' views; gives and welcomes
feedback; contributes to building a positive team spirit; puts
success of team above own interests; supports everyone's efforts to
succeed.
Written Communication - Writes clearly and informatively; edits
work for spelling and grammar; varies writing style to meet needs;
presents numerical data effectively; able to read and interpret
written information.
Team Leadership - Supports group problem solving; ensures progress
toward goals; acknowledges team accomplishments.
Leadership - Exhibits confidence in self and others; accepts
feedback from others.
Managing People - Improves processes, products and services.
Quality Management - Looks for ways to improve and promote quality;
demonstrates accuracy and thoroughness.
Visionary Leadership - Displays passion and optimism; inspires
respect and trust; mobilizes others to fulfill the vision.
Business Acumen - Understands business implications of decisions;
demonstrates knowledge of market and competition; aligns work with
strategic goals.
Conflict Resolution - Encourages open communications; confronts
difficult situations; maintains objectivity; keeps emotions under
control; uses negotiation skills to resolve conflicts.
Impact & Influence - Achieves win-win outcomes.
Diversity - Demonstrates knowledge of EEO policy; shows respect and
sensitivity for cultural differences; educates others on the value
of diversity; promotes a harassment-free environment; builds a
diverse workforce.
Ethics - Treats people with respect; keeps commitments; inspires
the trust of others; works with integrity and principles; upholds
organizational values.
Organizational Support - Follows policies and procedures; completes
administrative tasks correctly and on time; supports organization's
goals and values; benefits organization through outside activities;
supports affirmative action and respects diversity.
Strategic Thinking - Understands organization's strengths &
weaknesses.
Adaptability - Adapts to changes in the work environment; manages
competing demands; changes approach or method to best fit the
situation; able to deal with frequent change, delays, or unexpected
events.
Consultative Selling - Builds rapport and establishes trust; asks
questions to discover client business needs; applies product and
market knowledge effectively; manages and documents sales
process.
Achievement Focus - Demonstrates persistence and overcomes
obstacles; measures self against standard of excellence; recognizes
and acts on opportunities.
Personal Appearance - Dresses appropriately for position; keeps
self well groomed.
Attendance/Punctuality - Is consistently at work and on time;
ensures work responsibilities are covered when absent; arrives at
meetings and appointments on time.
Dependability - Follows instructions, responds to management
direction; takes responsibility for own actions; keeps commitments;
commits to long hours of work when necessary to reach goals.;
completes tasks on time or notifies appropriate person with an
alternate plan.
Initiative - Volunteers readily; undertakes self-development
activities; seeks increased responsibilities; takes independent
actions and calculated risks; looks for and takes advantage of
opportunities; asks for and offers help when needed.
Innovation - Displays original thinking and creativity; meets
challenges with resourcefulness; generates suggestions for
improving work; develops innovative approaches and ideas; presents
ideas and information in a manner that gets others' attention.
Judgement - Displays willingness to make decisions; exhibits sound
and accurate judgment; supports and explains reasoning for
decisions; includes appropriate people in decision-making process;
makes timely decisions.
Planning/Organizing - Uses time efficiently.
Quality - Demonstrates accuracy and thoroughness; looks for ways to
improve and promote quality; monitors own work to ensure
quality.
Quantity - Meets productivity standards; completes work in timely
manner; strives to increase productivity; works quickly.
Safety and Security - Observes safety and security procedures;
determines appropriate action beyond guidelines; reports
potentially unsafe conditions ; uses equipment and materials
properly.
Qualifications
To perform this job successfully, an individual must be able to
perform each essential duty satisfactorily. The requirements listed
below are representative of the knowledge, skill, and/or ability
required. Reasonable accommodations may be made to enable
individuals with disabilities to perform the essential
functions.
Education and/or Experience
Associate's degree or equivalent from two-year college or technical
school; and two or more years of job related experience and/or
training; or equivalent combination of education and
experience.
Language Skills
Ability to read and interpret documents such as safety rules,
operating and maintenance instructions, and procedure manuals.
Ability to write routine reports and correspondence. Ability to
speak effectively before groups of customers or employees of
organization.
Mathematical Skills
Ability to calculate figures and amounts such as discounts,
interest, commissions, proportions, percentages, area,
circumference, and volume. Ability to apply concepts of basic
algebra and geometry.
Reasoning Ability
Ability to apply common sense understanding to carry out
instructions furnished in written, oral, or diagram form. Ability
to deal with problems involving several concrete variables in
standardized situations.
Computer Skills
To perform this job successfully, an individual should have
knowledge of Excel Spreadsheet software.
Physical Demands
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. Reasonable accommodations may be
made to enable individuals with disabilities to perform the
essential functions.
While performing the duties of this Job, the employee is regularly
required to use hands to handle and talk or hear. The employee is
frequently required to sit. The employee is occasionally required
to stand and reach with hands and arms. The employee must
occasionally lift and/or move up to 25 pounds. Specific vision
abilities required by this job include close vision, color vision,
depth perception and ability to adjust focus.
Work Environment
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 noise level in the work environment is usually quiet.
PI174561776
Keywords: BOGOTA SAVINGS BANK, Paterson , Credit Analyst, Professions , Teaneck, New Jersey
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