Tower Community Bank
Junior Credit Analyst
Department: Credit Administration
Position Description: The Junior Credit Analyst will be responsible for effectively delivering the Tower Mission Statement. Our Mission Statement is to provide financial solutions to the greater community by creating partnerships with customers in order to make our communities better places to live, work, and raise a family. The Junior Credit Analyst evaluates the financial condition of individuals and businesses applying for consumer and commercial credit, makes credit decisions within designated lending authority, prepares loan presentation packages as required, participates in Board presentations as required and prepares and completes “Clear to Close” and Annual Reviews as designated by Sr. Credit Analyst or Chief Credit Officer.
Direct Supervisor: Chief Credit Officer (CCO)
Status: Exempt
The main duties of the Junior Credit Analyst are:
- Analyzes loan data on new, renewal and existing loans, including data provided by credit bureaus, other financial institutions, and financial institution files.
- Prepares spreadsheets, reports, summaries, and memos on new, renewal, and existing loans.
- Prepares presentation package for Loan Committee.
- Assures all basic underwriting guidelines are met.
- Oversees and manages financial information files to assure current reports, statements, accounts receivable and other information on customer accounts.
- Performs credit inquiries for the financial institution as requested.
- Establishes, reviews and updates new and existing loan files for the financial institution on a regular basis.
- Provides technical advice and assistance to loan officers throughout the Bank as needed.
- Maintains expertise in new and current analysis procedures.
- Maintains expertise in new and changing underwriting guidelines and industry regulations.
- Adheres to Bank credit standards and works constructively with and abides by credit department guidelines.
- Assists in the production of any required BOD reports.
- Maintains appropriate compliance tracking as required.
- Other duties as assigned.
Competencies and Skills
- Maintain sufficient knowledge and understanding of the Bank Secrecy Act, Anti-Money Laundering/Anti-Terrorist Financing/PATRIOT Act and OFAC regulations.
- To be able to fulfill applicable requirements and responsibilities under the bank’s related policies and programs.
- Generally good working environment with little exposure to noise, extreme temperatures or other adverse factors.
- Above average amount of pressure to work efficiently and accurately.
- Considerable effort and eye strain from continued checking on the accuracy of all work leaving department.
- Above average mental effort consisting of beyond normal levels of concentration, memory, complexity of decision making, time pressure, analytical thinking.
- Strong organizational skills, attention to detail and flexibility
- Strong verbal and written communication skills
- Ability to work effectively with cross-functional teams in a fast-paced environment
- Working knowledge of electronic recording software and lending platforms
- Written and Oral Communication skills
- Analytical Ability
- Initiative
- Customer Service Orientation
- Problem Assessment and Solving skills
- Teamwork
- Tolerance for Stress
- Practical Learning skills
- Provides Proper Telephone Etiquette to Internal/External Customers
- Services Internal/External Customer Requests/Inquiries
- Reviews Required Documentation for Accuracy and Completeness
- Personal Development as Established with Manager
Education and Experience:
- High School /Associate’s Degree in related field required.
- Bachelor’s Degree preferred.
- 2 years of finance, credit or banking experience preferred.
Qualified candidates may send resumes to paige.carter@towercommunitybank.com.
