Credit Analyst II

Orrstown Financial Services, Inc.

Harrisburg, PA

JOB DETAILS
SKILLS
Accounting, Accounts Receivable, Analysis Skills, Banking Regulations, Business Loans, Commercial Loans, Credit Analysis, Credit Reports, Credit Risk, Database Management Software/Systems (DBMS), Documentation, Finance, Financial Analysis, Financial Services, Financial Statements, Health Maintenance, Interpersonal Skills, Loan Approval, Loan Policy, Loan Regulations, Loan Review, Loans, Mathematics, Presentation/Verbal Skills, Reporting Skills, Risk, Risk Analysis, Spreadsheets, Stock Purchase Plans, Vision Plan
LOCATION
Harrisburg, PA
POSTED
26 days ago

Location:

Harrisburg PA

Position Summary:

A Credit Analyst will assist loan officers in connection with financial analyses of all types of credit information; develop and analyze all types of credit information pertaining to commercial loans; prepare credit reports; furnish information relative to credit inquiries; provide other assistance to loan officers as requested.

Qualifications:

Bachelor's degree in Business, Finance, or Accounting; equivalent work experience will be considered in lieu of a degree.

Minimum three (3) years of experience in spreading and analyzing financial statements (business & personal) with a solid understanding of evaluating business loan requests; working knowledge of Credit Department practices and procedures.

Proficient reading, verbal, and written communication, mathematical, computer, and interpersonal relations skills; working knowledge of current lending, loan review and banking regulations; proficiency in analyzing and interpreting financial statements; good working knowledge of spreadsheet and database software.

Essential Duties:

Develop credit information, from various sources, for use by loan officers and approval authorities in evaluating creditworthiness of new and existing borrowers; prepare financial spreadsheets and compile supporting financial information; analyze financial information and related credit information to determine creditworthiness of borrower; may make recommendations to appropriate personnel on the granting or denying of loans; prepare sufficient information to document recommendations; provide thorough documentation of financial analysis work, including ratios and other related information; ensure credit analysis activities are conducted in accordance with prescribed lending policy.

Prepare commercial loan presentations for appropriate approval authority; ensure that up-to-date financial statements, accounts receivables agings, and other required items are current and on file.

  • Analyze financial statements, credit reports, and other relevant data.
  • Assess the risk level of lending to new and existing borrowers.
  • Make recommendations to appropriate personnel on the granting or denying of loans
  • Provide thorough documentation of financial analysis work, including ratios and other related information.
  • Monitor existing credit accounts for compliance and risk.
  • Ensure that up-to-date financial statements, accounts receivables, agings, and other required items are current and on file.
  • Collaborate with loan officers and financial professionals on credit decisions.
  • Ensure credit analysis activities are conducted in accordance with prescribed lending policy and regulatory standards.
  • Prepare commercial loan presentations for appropriate approval authority.

Benefits:

At Orrstown Bank, our employees are our most valuable asset. Our benefits package is designed to help our team achieve work/life balance, maintain a healthy lifestyle, and plan for the future.

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Long-term disability
  • Short-term disability
  • Employee, spouse and dependent life and AD&D insurance
  • Flexible spending account
  • Dependent care spending account
  • Employee stock purchase plan
  • 401(k)/profit-sharing program
  • Paid time off
  • Paid holidays
  • Paid parental leave
  • Employee service recognition

About the Company

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Orrstown Financial Services, Inc.