What are the responsibilities and job description for the Credit Analyst Manager position at Arvest Bank?
Position is located in Bentonville, AR.
Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed.
Commercial Underwriting Experience or Commercial Lending Experience preferred.
Exempt: Yes
Salary Grade: Grade 16
Summary:
S UMMARY: The Credit Analyst Manager leads and directs the Centralized Credit Analyst department. The department is primarily responsible for evaluating the overall credit quality of the Bank’s commercial borrowing customers through interpretation of financial, industry and market information to provide an assessment of the credit risk posed to the bank. Department functions include spreading, analyzing, and projecting all types of credit and financial information pertaining to various types of loans. Credit Analysts will work with borrowers and Commercial Relationship Managers in the preparation and presentation of loan proposals for the Loan Committee meetings.
ESSE N TI A L DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
1 . Manages and directs all credit defined requests.
2 . Works closely with Commercial Relationship Managers in gathering necessary credit information for credit analysis.
3 . Reviews and analyzes of all pertinent credit and financial information on a borrower and proposed borrower including reporting services, credit bureaus and financial statements.
4 . Will conduct financial analysis on borrowers to assess the ability to repay debt, monitor trends and conditions, and to determine and alert senior management as to potential problem situations which surface from analytical investigations.
5 . Reviews credit analyst’s work for consistency to industry standards and internal commercial lending guidelines.
6 . Consults with management to assist in strategic planning activities for improved performance for areas of responsibility.
7 . Serves as resource for all markets to field credit and financial statement questions.
8 . Directs associate training to improve efficiency and ensure conformance with standard procedures and practices.
9 . Conducts staff meetings to discuss policy or procedural changes.
10 . Monitors loan compliance throughout the year through monitoring of technical exceptions and calculation of financial covenants.
11 . Monitors borrowing base compliance throughout the year.
12 . Provides direct supervision to Credit Analyst including hiring and evaluation.
13 . Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.
T E A M ACCOUNTABILITIES:
Cross-sell other services of the bank.
Support and uphold the Arvest Mission Statement.
Uphold the Arvest Code of Ethics and ensure that confidential information is safeguarded.
Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the bank's overall operation.
Foster and promote the proper bank image at all times.
Maintain involvement in community affairs to foster and promote the proper bank image at all times.
S U PE R V I S O R Y RESPONSIBILITIES:
May directly supervise 7-8 fulltime equivalents. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Ensure direct reports have completed required compliance training and are adhering to all internal procedures and controls as it relates to bank policy, laws, regulations and Arvest’s BSA/AML
Program. Responsibilities include interviewing, hiring, appraising performance, rewarding, and disciplining associates. The incumbent has the authority and the appropriate influence to make recommendations regarding hiring, firing, advancement, promotion, or any other change of status of other associates within the guidelines of the bank’s procedures and guidelines for such change of status events. The incumbent provides training, planning, assigning, and directing work assignments and schedules; addressing complaints and resolving problems.
Responsibilities:
Q U A LIFI C A TIO N REQUIREMENTS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
E DUC A TIO N and/or EXPERIENCE:
Bachelor Degree required with a minimum of nine hours of accounting.
Five years related experience with emphasis on financial statement analysis, or two years of satisfactory performance as a Commercial Relationship Manager.
OT H E R SKILLS AND ABILITIES:
Must be able to arrive at work on time, work on site and have regular work attendance
Must be able to work cooperatively with other co-workers regardless of personality, presence or communication style
Must be able to provide cordial customer service regardless of customer personality, presence or communication style
Must be able to perform several tasks at once Must be able to work in a stressful atmosphere Must be able to rotate job tasks
Must be able to greet others cordially
Must be able to coordinate multiple and changing priorities
Must be able to verbally communicate with all other associates
Must be able to operate telephone, scanner, copier and FAX machines
Must be able to occasionally work outside of normal business hours.
Must be able to move from department, division, or bank to department, division, or bank to attend meetings
Must be able to operate personal computer keyboard in order to create reports, schedules and other appropriate documentation
P H Y S I C A L DEMANDS:
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
While performing the duties of this job, the associate is regularly required to sit, talk, and hear, and use hand to finger, handle or feel objects. The incumbent is occasionally required to stand, walk, and reach with hands and arms.
The associate must occasionally lift and/or move up to 25 lbs.
Specific vision abilities required by this job include close vision, color, and the ability to adjust focus.
W O R K ENVIRONMENT:
The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
