Job Information
WASHINGTON TRUST BANK Credit Analyst III in Spokane, Washington
Description Location: Greater Seattle: Tacoma area Credit Analyst is responsible for conducting detailed financial analysis and risk assessments of commercial clients in order to support lending decisions. This role requires the ability to analyze financial statements, assess credit risk, and provide recommendations on loan approvals, renewals, and modifications. Credit Analyst will work closely with credit analyst team lead, relationship managers, commercial team lead, and regional credit officer to ensure sound credit decisions, based on a thorough understanding of the client's financial health and business operations. Requires applicable college-level coursework in accounting or finance or equivalent related work experience. Essential Functions Support commercial, private banking, and construction teams with underwriting for various loans including commercial, CRE, construction, and consumer loans. Assists RM in credit analysis, assessment of risk rating, problem loan reporting and other credit administration requirements. Reviews and evaluates business financial reports, prepares written credit authorizations pursuant to Bank policy and ensures proper monitoring and documentation are reviewed. Prepares financial projections and customized automated spreadsheets for analyzing commercial borrowers and prospects. Develops financial models based upon customized financial formats. Prepares financial statement presentations for analyzing business borrowers. Performs compliance and risk management duties as required or assigned. Responsible for the following loan servicing activities including but not limited to: Requesting commercial Laser Pro loan documentation, Collaborate with RM with collateral lien perfections, Participate in CRE closing and working with title and escrow. Monitor and reconcile monthly borrowing base certifications. Assists with other department duties and projects, as requested by team lead. Requirements College-level course work, preferably in Accounting, Finance, Business or related field. Strong accounting aptitude. Demonstrated analytical/problem solving ability. Experience with computer assisted financial analysis and PC-based financial models; knowledge of spreadsheet applications (Microsoft Excel, etc). Strong knowledge of Bank loan policies and general commercial documentation requirements. Ability to prioritize assignments and handle multiple priorities while maintaining a high level of service to both internal and external clients. Excellent interpersonal skills; ability to collaborate with and work effectively with diverse groups of people Outstanding verbal and written communication skills, including grammar, correspondence abilities, etc. Organizational and analytical skills, strategic thinking and ability to work collaboratively or independently. Proficient PC and technical skills to navigate software, including the Microsoft Office Suite of products, word processing, spreadsheets, database, desktop information management, Internet, and related applications. Demonstrated self-motivation and initiative; ability to work well both independently and with others. Compensation: $87,779 -$131,743 The compensation range represents the low and high end of the base compensation range for this position located in Bellevue, Washington. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. This position is eligible to participate in an applicable annual bonus plan. What Our Culture Can Offer You: Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits. We ar