Credit Analyst - Senior (C&I)
WaFd Bank
- Seattle, WA
- $85,000 per year
- Permanent
- Full-time
- Assists Relationship Officers, Relationship Managers and Directors in performing pre-qualification assessment and analysis of financial condition and risk of financing requests within the framework of the Bank’s credit culture and current economic and industry trends.
- Assists Relationship Officers, Relationship Managers and Directors in gathering data from clients and internal and outside sources; prepares spreadsheets and analyzes financial information, including financial statements and tax returns; contacts clients for additional information and clarification of data.
- Compiles data from credit bureaus, conducts industry peer comparisons and performs cash flow analyses and other such tasks and comparisons.
- Informs Relationship Officer, Relationship Manager, Director and Division Manager when up-to-date financial statements are needed for commercial accounts; ensures credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
- Works with Relationship Officers, Relationship Managers and Directors to ensure that all portfolio management responsibilities are well documented and maintained in accordance with management expectations.
- Assists Relationship Officers, Relationship Managers and Directors in the review and renewal of credit facilities and provides back-up support. May take primary responsibility for certain credit actions (approvals, renewals) per the guidance of the Relationship Manager, Director or Division Manager.
- Develops knowledge of relevant industries, as well as economic conditions (i.e. interest rates, asset values, competition, market conditions, etc.) that impose risk to the client base.
- Represents the Bank in various community, civic, and community reinvestment functions to further enhance the Bank’s image and develop additional business.
- Reinforces the application of superior client service through his or her own example, along with appropriate follow-through with involved clients and employees.
- Treats people with respect, keeps commitments, inspires the trust of others, works ethically and with integrity, upholds organizational values and accepts responsibility for his or her own actions.
- Ensures compliance with all Bank policies, procedures and processes and all applicable state and federal banking laws, rules and regulations; adheres to Bank Secrecy Act (BSA) responsibilities specific to the position.
- Completes administrative tasks correctly and on time; supports the Bank’s goals and values.
- Bachelor's Degree or approved equivalent combination of education and experience. Work-related experience should consist of commercial financial analysis or a lending background. Educational experience, through in-house training sessions, formal business school or financial industry related curriculum.
- Preferred five to seven years' experience in financial and/or credit analysis or related areas.
- Experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
- Strong knowledge of commercial, construction and real estate credit analysis.
- Ability to analyze and interpret general business periodicals, professional journals and technical procedures.
- Ability to effectively present information and respond to questions from diverse groups, including managers, customers and members of the general public.
- Proficient in Microsoft Office suite (Word, Excel and PowerPoint).
- Strong typing skills to meet production needs of the position.
- Strong math skills.
- Effective verbal, written and interpersonal communication skills, ability to write reports and correspondence and speak clearly to customers and employees.
- Ability to deal with normal problems involving multiple facets and variables in non-standardized situations and apply common sense in carrying out instructions and solving problems.
- Excellent organizational and time management skills.
- Ability to work with minimal supervision while performing duties.
- Paid time off for vacation, sick days and holidays
- Health insurance
- Stock options
- Bonus programs
- Generous 7% 401(k) employer matching*
- Paid Parental Leave
- Life and AD&D insurance
- Long-term disability
- Tuition Reimbursement
- Employee assistance programs
- Pre-tax health and dependent-care spending plans