Responsible for performing various duties to support the credit analysis function; coordinating work within the department, as well as with other departments; complying with operating policies and procedures established for the credit analysis function; communicating with appropriate personnel; responding to inquiries or requests for information; maintaining appropriate records and providing assigned reports.
Receives data on prospective and active borrowing accounts, i.e., financial statements and agency credit reports.
Analyzes data and evaluates the short- and long-run prospects of the individual or company.
Prepares and interprets financial statement spreads.
Underwrites and prepares credit analyses for new and existing borrowers, as well as coordinates with the lending function as to appropriate turnaround time for completion of such assignments.
Makes recommendations on borrower risk rating after discussing the relevant credit issues with the applicable lender and Chief Credit Officer; prepares sufficient information to document recommendations.
Tests financial covenant compliance and collateral adequacy during the underwriting of individual deals and reports findings to both the applicable lender and Chief Credit Officer.
Provides thorough documentation of all financial analysis work, including ratios and other related information.
Ensures that all credit analysis activities are conducted in accordance with prescribed lending policy.
Skill(s): Proficient reading, writing, grammar, and mathematics skills; proficient interpersonal relations and communicative skills; knowledge of current lending and loan review regulations, as well as current banking regulations, procedures, and operations; knowledge and ability to analyze and interpret financial statements; proficient PC skills, including Microsoft Word and Excel; visual and auditory skills.
Experience: A minimum of two (2) years’ related experience normally required.
Education/Training: A B.S. or B.A. degree in a related field of study normally required; specialized financial analysis education/training.
Additional Salary Information: Negotiable based on experience.
Woodsboro Bank was established in 1899 in response to the growing agricultural, commercial and residential needs of the community. We’re headquartered in a handsome three-story, pressed red brick Italianate structure at 5 North Main Street in Woodsboro, that was specifically constructed for the bank in 1901.
Today, Woodsboro Bank operates from eight offices located throughout Frederick County, ...including the bank’s Commercial Lending Office located on Carroll Creek Way in downtown Frederick. We offer not only convenient locations to serve our customers; we have a compliment of electronic products and delivery methods. Along with convenience, we place a great deal of importance on providing quality service to our customers.
Woodsboro Bank’s mission of serving Frederick County is not limited to financial matters. Each year the bank supports a wide variety of philanthropic, cultural, and charitable organizations for the betterment of the community.
The financial institution remains a strong, independent community bank that is dedicated to offering quality financial products with true personal service.