Commercial Credit Associate I

Overview

The Commercial Credit Associate I will be responsible for helping the business grow through the underwriting and adjudication of small and medium size loans & leases. The individual will be asked to develop relationships with internal stakeholders to identify and champion process improvements. This individual will be a key contributor to First Citizens Bank Equipment Finance's success and have an opportunity to grow within an organization that fosters career development, progression, and mobility.

The ideal candidate will be someone who works with a sense of urgency but not a sense of panic, is comfortable making decisions with imperfect information and is willing to lead from an individual contributor role. The individual who succeeds in this role is creative, flexible but unwavering in their commitment to risk management & credit quality.

Responsibilities

Loan Review - Reviews client data in order to make sound credit decisions. Verifies quality of supporting documentation, updating, and categorizing according to status changes in the portfolio. Identifies any servicing deficiencies, policy violations, or credit risks.

Credit Control - Determines sample of credits for analysis with a focus on risk trends. Maintains accurate credit scores by interpreting data from tax returns and financial statements.

Risk Mitigation - Identifies potential losses and exposures during loan assessment. Recommends strategies or solutions to address credit risk.

Reporting - Produces reports based on the results of loan assessment. Conveys patterns, deficiencies, and other areas for review. Ensures that reports are complete and accurate. Documents any policy or regulation exceptions.

Qualifications

Bachelor's Degree and 1 years of experience in Credit analysis
-OR-
High School Diploma or GED and 5 years of experience in Credit analysis

Additional Requirements:
Advanced verbal, written, and interpersonal communication skills
Ability to work independently in a fast-paced environment with multiple tasks and deadlines
Highly motivated and engaged critical thinker
Familiar with financial statements

Preferred Qualifications:
Bachelor's Degree in Accounting, Finance, Business Administration or Economics with coursework in financial statement analysis and/or credit analysis
Advanced financial statement and/or business tax return analysis experience
Experience reviewing external commercial bureau reports, consumer credit reports, credit scores, and other publicly available information
Ability to calculate and interpret financial ratios, analyze data and complete a trend analysis

First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.