Specialized Lending - Credit Analyst

Job ID
2017-2134
Corporate
Type
Full-Time
1600 Redbud Boulevard
# of Openings
1
US-TX-McKinney

Overview

Provide quantitative and qualitative analysis of financial information to assess the risk of purchasing positions in syndicated loans, as well as other specialized lending products. This position may be called upon to provide opinions on the financial soundness of borrowers and/or prepare portfolio reports. Ultimate decision-making authority will reside with the Specialized Lending Loan Officer.

Responsibilities

  • Promptly review loan purchase opportunities and assess the most appropriate analytical approach.
  • Evaluate trends and potential risks that could impact the borrower’s FDIC Leveraged Lending Guidance ratios or ability to repay the credit extension and identify mitigating factors and/or additional information needs to offset these trends and risks.
  • Interact with the Specialized Lending Loan Officer (and, on occasion, the 3rd party portfolio manager, or admin agent bank) to identify and quantify borrower’s leverage and ability to deleverage through free cash flow; ability to cover fixed charges; and repayment sources, including cash flow and enterprise value.
  • Clearly communicate progress and/or needs in a timely and precise manner throughout the underwriting process.
  • Preparation of a credit approval package for submission to the credit decision authority.
  • Proactively study the bank’s loan policy and banking regulations to determine whether or not proposed loan terms and conditions are in compliance. Cite policy exceptions with mitigants and provide Specialized Lending Loan Officer with assistance as needed.
  • Eventually help train new analysts in analytical methods and other underwriting concepts.
  • Assist with the monitoring of loan performance in the bank’s specialized lending portfolio.
  • Other job related duties as assigned by the Specialized Lending Loan Officer.

Qualifications

  • Bachelor’s degree in business related major and at least two accounting courses required; finance-related major a plus.
  • At least 1 financial analysis-related internship required; 1+ years financial/credit analysis experience a plus.
  • Strong analytical ability
  • Able to perform complex financial analysis
  • Ability to formulate and articulate objective views based on professional credit analysis
  • Careful attention to detail and time management skills are essential
  • Strong verbal, written, interpersonal, and problem solving skills
  • Proficiency in Microsoft Word and Excel is required. Familiarity/proficiency with S&P Capital IQ or Bloomberg preferred.
  • Motivated self-starter and an active learner.
  • Demonstrate a high level of knowledge of Bank Secrecy Act and OFAC related responsibilities in the performance of daily operations to ensure adherence to bank policies and compliance with all regulatory requirements.

 

To be considered for this position, you must at least meet the basic qualifications.

 

No phone calls or direct e-mails please.

 

Pre-employment background screening will be conducted.

 

Independent Bank is an EEO/AA - M/F/Disability/Protected Veteran Status.

 

Note: The job description does not constitute an employment agreement between the employer and employee. The above statements describe the general nature and level of work being performed within this classification. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and qualifications required of employees assigned to this job. If you require assistance at any stage of the employment application process due to a disability, please contact Human Resources at 214-544-4777.

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