Credit Analyst

Summary

Join The Symicor Group as a remote Credit Analyst! This 1099/contract position offers a competitive hourly rate of up to $40/hr and a benefits package. You will perform in-depth financial analysis, evaluate loan applications, and make recommendations to lending personnel. The role requires a minimum of five years of experience as a Credit Analyst and proficiency in analyzing financial statements. A Bachelor's degree in a related field is preferred. This is a remote position, offering flexibility and the chance to influence your own development.

Requirements

• Five or more years of experience as a Credit Analyst
• Experience in preparing credit presentations
• Ability to manage/process/track annual reviews of the necessary credits
• Thorough knowledge of current lending and loan review regulations and banking regulations, procedures, and operations
• Proficient ability to analyze and interpret financial statements
• Excellent written and verbal communication skills
• Strong organizational skills with an eye for detail
• Ability to multi-task
• Adept with spreadsheet and word processing software as well as have experience working in a digital office environment

Responsibilities

• Perform in-depth financial analysis (spreading and analyzing financial statements)
• Receive data on prospective and active borrowing accounts, i.e., financial statements, tax returns, agency and credit reports, and interview and investigation sheets
• Analyze data and evaluate the short- and long-run prospects of the individual or company
• Make recommendations to appropriate personnel on the granting or denying of loans
• Prepare sufficient information to document recommendations, if assigned to a lending function
• Suggest a loan grade after conducting a thorough credit analysis and documentation review
• Ensure that all credit analysis activities are conducted in accordance with prescribed lending policy
• Provide thorough documentation of all financial analysis work, including ratios, cash flow, and collateral analysis, and other related information
• Accompany Commercial Lenders on customer’s meetings when needed
• Provide leadership, on-the-job training, and technical guidance to the other credit analysts
• All other duties assigned

Preferred Qualifications

• Bachelor’s Degree in a related field of study
• Specialized financial analysis training

Benefits

• Hourly rate of up to $40/hr
• Benefits package
• Remote position