Job Description
Are you a strategic thinker with a keen eye for financial risk? Virginia Beach Commerce Bank is looking for a dedicated Credit Analyst to join our elite team.
In this pivotal role, you will drive the credit decision-making process, ensuring the safety and soundness of our lending portfolio while fostering growth for our clients. We pride ourselves on a culture of excellence, transparency, and professional development.
What You Will Do:
- Conduct thorough underwriting analysis on commercial and consumer loan applications.
- Review financial statements, tax returns, and credit reports to assess borrower capacity and collateral.
- Prepare detailed credit memos and present findings to the Credit Committee.
- Monitor existing loan portfolios for early warning signs of financial distress.
- Develop and maintain credit scoring models and risk assessment tools.
- Collaborate closely with Relationship Managers to structure complex financing solutions.
Why Apply?
- Competitive base salary and comprehensive benefits.
- Flexible work environment.
- Clear path for career advancement within a stable financial institution.
Responsibilities
- Perform comprehensive credit analysis and risk assessment on loan applications, including financial statement review and ratio analysis.
- Develop and maintain credit scoring models and underwriting guidelines.
- Monitor and report on the performance of the credit portfolio, identifying trends and potential delinquencies.
- Prepare detailed credit memos and presentations for the Credit Committee.
- Collaborate with relationship managers to understand client needs and structure appropriate financing solutions.
- Ensure compliance with all regulatory requirements and internal policies.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree preferred).
- Minimum of 3-5 years of experience in credit analysis, underwriting, or related financial roles.
- Strong proficiency in financial modeling, Excel (VLOOKUP, Pivot Tables, Macros), and credit analysis software.
- Excellent analytical skills with a keen eye for detail and accuracy.
- Ability to interpret complex financial data and make sound, objective lending decisions.
- Strong verbal and written communication skills.