Commercial Credit Analyst

Founded in 1963, FirstBank maintains more than $20 billion in assets and operates over 100 branch locations across Colorado, Arizona and California. Its growth can be attributed to one simple philosophy: do right by customers, communities and employees, which is at the center of the company’s “banking for good” mantra. FirstBank believes that diversity, equity, and inclusion are part of everything we do, both within and outside our company, and prides itself in hiring and training a diverse and talented group. We strive to not only maintain a diverse workforce, but also ensure our employee experience garners a sense of belonging, is inclusive and equitable. FirstBank believes that a company is nothing without the people that comprise it, and prides itself in hiring and training a diverse and talented group. By joining the FirstBank team you will experience its great team culture with ample opportunity for growth. There’s an opportunity for everyone with positions all across the company, from Teller and Call Center to Technology and Lending. Apply today to learn more and join the team!

A Brief Overview

The Credit Analyst is responsible for underwriting a pipeline mainly comprised of complex Commercial Lending requests. This position will analyze and interpret potential borrowers financial background, identify potential risk to provide a financial analysis to Market Officer with credit recommendation. The Analyst will provide ongoing financial monitoring to ensure covenant compliance and proper collateral margin. The Credit Analyst will assist with interpretation of Loan Policy and Cash Flow Analysis, as well as assist in department training on new guidelines, policies, systems, and other related matters. The Analyst requires the ability to think critically and solve complex problems, excellent time-management and organizational skills, as well as strong attention to detail.

What you will do

• Underwrite a pipeline of complex Commercial Lending request
• Analyze and interpret potential commercial borrowers financial background, identify potential risk, and determine credit worthiness
• Provide financial analysis to Market Officer with credit recommendation
• Lead junior staff with testing borrower financials and independently test complex borrower financials required by Loan Policy to determine ongoing financial health, covenant compliance, and collateral margins
• Conduct initial underwriting to determine what documentation is needed to satisfy requirements
• Collaborate with officers and other team members to follow up on any outstanding conditions that are needed
• Understand and adhere to Commercial Lending, regulatory guidelines, and comply with internal Loan Policy
• Review files for compliance and completeness while performing final underwriting and submission
• Answer complex Commercial Lending related questions from internal and external stakeholders
• Mentor and train junior team members and Market Officers
• Assist with interpretation of Loan Policy and Cash Flow Analysis
• Assist in department training on new guidelines, policies, systems, and other related matters
• Collaborate on department projects, initiatives, present at meetings and/or centralized training classes
• Assist with department quality control processes
• Provide support to the lending officer to ensure regulatory and internal policy compliance
• Interface with complex borrowing relationships and provide detailed risk analysis and feedback to officer
• Review and work with lending officer to create Loan Committee packets prior to pre-circulation and recommend revisions or improvements
• Address Loan Policy inconsistencies with department leadership
• Assist with the creation of term sheets, letters of interest, and drafting of commitment letters for commercial loans at the request of the lending officer
• Underwrite Vendor relationships
• Perform other duties and projects as assigned
• Understand and comply with all provisions of the Safety in the Workplace policy

Minimum Requirements

• Typically requires a bachelor's degree in related field and a minimum of 2 years of related experience.
• A combination of post-high school education, job related certification and related experience equivalent to 5 years may be considered in lieu of minimum requirements

Preferred Requirements

• Prior commercial underwriting experience

Knowledge, Skills, and Abilities

• Ability to think critically and solve complex problems
• Excellent time-management and organizational skills
• Excellent attention to detail
• Excellent knowledge of internal and external lending guidelines and re