Job Description
Join a Winning Team in the Heart of New Orleans!
We are seeking a highly analytical and detail-oriented Credit Analyst to join our finance department. At First Southern Bank, we pride ourselves on delivering exceptional financial services to our community. We are thrilled to announce that we are offering a $5,000 Sign-on Bonus to qualified candidates who join our team starting immediately.
In this role, you will play a pivotal part in our lending process, evaluating financial data, mitigating risk, and ensuring compliance with banking regulations. If you are looking for a challenging yet rewarding career with growth opportunities, apply today.
Why Join Us?
- Generous Sign-on Bonus: $5,000 upon successful completion of training.
- Competitive Compensation: Salary range of $55k - $75k depending on experience.
- Modern Environment: Work in a collaborative, tech-forward office in the Central Business District.
- Professional Development: Continuous training and clear pathways to senior leadership.
Responsibilities
- Financial Analysis: Conduct in-depth analysis of loan applications, including balance sheets, income statements, and cash flow statements.
- Risk Assessment: Evaluate the creditworthiness of borrowers and determine appropriate lending terms and conditions to minimize risk.
- Compliance: Ensure all credit files are complete, accurate, and comply with internal policies and federal regulations (e.g., CRA, HMDA).
- Portfolio Monitoring: Regularly review existing loan portfolios to identify early warning signs of financial distress.
- Reporting: Prepare detailed credit reports and presentations for the Credit Committee and senior management.
- Collaboration: Work closely with relationship managers and loan officers to support client needs and structure complex transactions.
Qualifications
- Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field required.
- Experience: 2+ years of experience in credit analysis, underwriting, or financial analysis is preferred.
- Technical Skills: Proficiency in Microsoft Excel (pivot tables, VLOOKUP) and credit analysis software (e.g., CreditView, Fiserv).
- Knowledge: Strong understanding of banking regulations, lending standards, and financial statement analysis.
- Communication: Excellent verbal and written communication skills with the ability to explain complex financial concepts clearly.
- Attention to Detail: Exceptional ability to detect discrepancies and maintain high data accuracy.