Credit Analyst 2 - Los Angeles (Hybrid)
Los Angeles, CA, US, 90071
ABOUT THE ORGANIZATION
SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals.
The anticipated salary range for this role is between $65,000.00 and $80,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers.
To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank.
Specialties:
Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services
JOB SUMMARY
The role involves evaluating financial risk by spreading financial statements and obtaining credit reports. It includes reviewing balance sheets and profit & loss statements, assessing liquidity, management quality, market position, and overall business climate to estimate future profitability. The position also requires maintaining credit files to meet compliance standards, preparing for internal and agency audits, and assisting the Credit Officer and Portfolio Manager with new and renewal loan information as needed.
DUTIES & RESPONSIBILITIES
• Obtain updated financial information as needed.
• Assist Credit Officers (CO) and Portfolio Managers (PM) in supporting new prospects and renewing existing portfolios.
• Spread financial statements using standard financial software, such as Baker Hill or CreditLens.
• Analyze financial information to assess the customer’s creditworthiness.
• Conduct reviews of balance sheets and profit & loss statements.
• Assess liquidity, quality of management, market position, and overall business climate to estimate future profitability.
• Obtain background searches for businesses and individuals.
• Maintain credit files and ensure compliance with standards.
• Monitor financial and reporting covenants for credit administration review.
• Assist in the boarding process and manage loan advances/pay downs.
• Key-in and monitor compliance with Credit Agreement covenants
POSITION SPECIFICATIONS:
Education: Bachelor’s degree or equivalent
• Minimum of two years of experience in Credit Analysis, or an equivalent combination of education and related experience.
• Proficiency in applying financial and mathematical concepts for required financial analysis.
• Must have experience with computer applications, particularly Excel and Word.
• Experience with CreditLens (Moody’s Analytics) is a plus.
EOE STATEMENT
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
CCPA DISCLOSURE
Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.smbcmanubank.com/privacy/ccpa-disclosure. Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.
Nearest Major Market: Los Angeles