Commercial Credit Analyst - To 80K - Philadelphia, PA - Job 3518

The primary responsibilities of a Commercial Credit Analyst at The Symicor Group involve conducting in-depth financial analysis, maintaining accurate records of all credit transactions, and making informed recommendations regarding loan approvals. You’ll be required to analyze financial statements, prepare documentation, and ensure compliance with lending policies. Leadership tasks may also involve mentoring other analysts and assisting commercial lenders.

To apply for the Commercial Credit Analyst position at The Symicor Group, candidates typically need a Bachelor’s degree in finance or a related field, along with at least five years of experience as a credit analyst. Specialized training in financial analysis is preferred, as well as strong skills in analyzing financial statements and a thorough understanding of bank regulations.

The Commercial Credit Analyst position at The Symicor Group offers a competitive salary of up to $80K, along with a full benefits package. This compensation reflects the valuable skills and experience needed for the role, ensuring that qualified candidates are rewarded appropriately for their work.

No, the Commercial Credit Analyst position at The Symicor Group is not a remote role. Candidates must be available to work on-site, allowing for meaningful collaboration with colleagues and direct engagement with clients, which is critical to the success of your financial analyses.

As a Commercial Credit Analyst at The Symicor Group, your analyses and recommendations play a vital role in the lending process. By evaluating financial data and conducting thorough risk assessments, you help ensure that loans are granted to creditworthy applicants, facilitating responsible lending practices and ultimately supporting the growth of businesses.

When analyzing financial statements, I typically start by reviewing the company's income statement, balance sheet, and cash flow statement. I assess profitability, liquidity, and solvency ratios to gauge the financial health of the business. Additionally, I look for trends over several periods to identify patterns that can highlight the company's stability or potential challenges.

Preparing a credit presentation involves gathering all relevant financial data and documentation for the borrowing entity. I ensure that my analysis includes key financial metrics, risk assessments, and a clear rationale for my loan recommendation. Visual aids like charts and graphs help in presenting complex data in an understandable way to stakeholders.

When I encounter discrepancies during credit analysis, I first verify the data against reliable sources. If the issue persists, I reach out to the borrower or their representatives for clarification. It’s crucial to ensure that all findings are accurately recorded and presented to maintain transparency and make informed lending decisions.

In a past role, I had to recommend denying a loan application from a long-time client due to mounting debt levels and declining revenues. I presented my findings to upper management, citing the risks to our institution and the justification for my recommendation. It was a tough decision, but ultimately it helped maintain our lending standards.

I am proficient in Microsoft Excel for performing detailed financial analyses and creating financial models. Additionally, I have experience using financial analysis software like SAS and QuickBooks for more streamlined data processing and hosting financial data.

I stay updated on banking regulations by subscribing to financial news services, participating in professional finance forums, and attending industry conferences. Continuous education is vital, and I often take online courses related to risk assessment and lending regulations to enhance my knowledge and skills.

Teamwork is essential in the Commercial Credit Analyst role. Collaborating effectively with other credit analysts, commercial lenders, and client managers ensures that all aspects of a loan application are evaluated comprehensively, which ultimately improves the quality of our lending decisions.

Certainly! I once conducted a workshop for junior analysts where we discussed risk assessment techniques and how to interpret complex financial documents. I encouraged questions and real-life scenarios to allow them to apply what they learned. Providing this type of mentorship helps build their confidence and abilities.

When faced with multiple loan applications, I prioritize based on deadlines and the complexity of each case. I utilize project management tools to monitor my workload and keep organized notes, ensuring thorough analysis within the given timeline without sacrificing quality.

Key indicators for assessing a company’s creditworthiness include profitability ratios, debt-to-equity ratios, and cash flow stability. I also consider market conditions, management competency, and any industry-specific risks that may affect performance when making a full evaluation.