Commercial Credit Analyst (Remote/Richmond, VA)

The Commercial Credit Analyst is responsible for the completion of analytical tasks associated with underwriting and monitoring of the Commercial Loan Portfolio. The responsibilities may include, but are not limited to, the preparation of corporate and personal financial statement spreads, global cash flow analyses, monthly borrowing base testing, and the tracking and monitoring of the Commercial Loan Portfolio. The monitoring may include, but is not limited to, credit policy exceptions and covenant compliance. The Analyst works closely with the Senior Commercial Risk Analyst, Commercial Underwriters, and other employees within both Credit Administration and Commercial Lending. Work is varied in nature with changing priorities. Incumbent applies knowledge of commercial lending principles and technologies to work performed. Works under limited supervision and in compliance with established policies, procedures and regulations. The Analyst supports loan and revenue growth through identification and management of risk and recommending solutions to minimize risk.

Position Accountabilities

• Completes testing and documentation of covenants, borrowing bases, analytical work, and other items as identified utilizing various software and systems.
• Spreads business financial statements at the request of the Relationship Manager or Credit Officers on existing borrowers and prospective new clients. Financial Spreads may be completed within vendor provided solutions such as nCino, Moody’s Credit Lens, or within internally designed templates in Excel. The incumbent may be responsible for the identification and implementation of modifications to spreading tools. 
• Completes Borrowing Base collateral valuations and monitoring of both prospects and an assigned client portfolio. Ensures applicable systems are updated within required timelines, and notifies Credit Officers and Bankers of identified issues. 
• Review loan submissions within the Centralized Credit and Monitoring Department to ensure all necessary information and documents have been received. Work with Lines of Business to collect missing documents.
• Review of information received and/or within loan origination system for completeness and accuracy.
• Responsible for accurate loan coding and regulatory data entry points (HMDA, CRA, etc)
• Assess and assign applications to the appropriate queue or teammate.
• Conduct initial underwriting assessment for probable decline based on credit reports, collateral LTV, prohibited industry, and other credit characteristics.
• Responds to requests for credit work within 24 hours. Discusses completion dates with sales and credit partners, and works to meet agreed upon deadlines. Discusses delays with partners prior to missed deadline
• Performs stress testing on the Commercial Real Estate Portfolio under the direction of …