Commercial Credit Specialist - Walla Walla, WA
Baker Boyer, Walla Walla, WA, United States
Commercial Credit Specialist - Walla Walla, WA
Baker Boyer is the oldest independently owned community bank in the Pacific Northwest. It serves the Walla Walla, Kennewick, and Yakima communities with seven branches, providing wealth management as well as personal and business banking services. The Commercial Credit Specialist (Specialist) partners with Business Advisor(s) by assisting in obtaining relevant credit and financial data used in evaluating the credit worthiness of a client, analysis of financial information, and credit management decisions for business banking loan types including commercial, dealer, and agricultural borrowers. The Specialist produces comprehensive and objective credit analysis of borrowers through the review, spreading and trend comparison of financial reports and assists the Business Advisor in making an informed credit decision. The Specialist must be able to identify potential risks of the credit using acceptable trend analysis generated by various tools, spreadsheets, and Financial Analyzer. The Specialist must clearly and concisely communicate such analysis to the Business Advisor and bank management in the form of loan write-ups and other such reports and determine the appropriate mitigation of such risks. The Specialist will also partner with the Business Advisor in the management of the loan portfolio by making decisions to recognize and report problem credits, reviewing past due loan reports and providing a management plan to remedy them. The Specialist must also be able to act on the behalf of their Business Advisor partner, by fulfilling the necessary duties in their absence. This includes acting independently to make decisions regarding the management of the portfolio to ensure that the portfolio continues to provide a revenue stream. Key responsibilities include: Spreads and analyzes monthly, quarterly, and annual financial information, prepares spreadsheets, calculates ratios, prepares budgets and projections of borrowers to determine if they have the capacity to repay debt as agreed. Analyzes borrowers' industry, business practices, and management capability as well as financial condition, performance and projections. Prepares well-written loan requests for the Business Advisor and lending management summarizing borrower's loan request, officer recommendations, an analysis of the proposed collateral, an analysis of financial trends, and provide a recommendation that includes a structure that matches a borrower's ability to repay their loans. Works with the Business Advisor to gather detailed data on borrower, history, management experience, industry, and other necessary facts pertinent to preparing a complete and high-quality loan report. May assist in presenting loan report to underwriting and approving managers. Reports, tracks and maintains financial monitoring and covenant system for Business Advisors using InfoAccess covenant tracking system. Works with clients and Business Advisors to collect financial reports and data. In conjunction with the Business Advisor(s), the Analyst helps identify problem credits, and assist in the decision to make a recommendation, so that these credits may be placed on the bank's problem asset list and a solid management plan may be initiated. Through the periodic analysis of financial information, the Analyst promptly informs the Business Advisor of any unusual events or trends taking place within the credit. Assists and provides back-up support to Business Banking Advisors with respect to managing business banking clients. Partners with Business Advisors to achieve the credit needs of the clients. Attends training sessions and schools for job development and enhancement. Reads current publications and maintains contact with a variety of sources of information in the banking industry to keep informed about business, economics, market conditions, industry trends, etc.; maintains intimate knowledge of the Bank's lending area including the surrounding economy and real estate values. Promotes and maintains a professional bank image and acts as a role model for all bank employees. Assists in the training of new personnel. Demonstrates professionalism and discretion regarding the sensitive and confidential nature of client finances for loans. Skills and qualifications include: Ability to understand, spread, and analyze business and personal tax returns, financial statements, and projections. Ability to use sound judgement to make a credit decision. Knowledge of many different types of business accounting. Ability to prepare comprehensive, well-written loan write-ups and other analytical reports. Strong computer literacy, including Microsoft Office. Demonstrated ability to efficiently learn new programs and to proficiently use and interpret data provided by software tools, including spreading software. Seeks out and participates in ongoing education to maintain knowledge of regulations, industry trends, and economics. Ability to quickly learn and work with bank regulations, products, processes & procedures. Will work closely with policy manuals. Ability to quickly learn and work with loan documentation for business and personal loans. Education and experience requirements include: Minimum 2 years' experience as a credit analyst in the industry. Graduation from a four-year college or university in finance, business or related field preferred. Equivalent combination of education and experience to perform the job functions is acceptable. Thorough understanding of GAAP accounting (cash and accrual) and tax accounting for various types of industries including commercial, wineries, agriculture, and dealers. Knowledge and ability to work with Jack Henry and CreditQuest desired. MBA and/or CPA highly beneficial. Physical demands/conditions requirements include: While performing the duties of this job, the employee is regularly required to sit and/or stand, write, type, speak, and listen. The employee is occasionally required to stand, walk, reach, stoop, or crouch. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus. Ability to sit at desk and work on computer. Occasional travel for business or educational purposes. Baker Boyer is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status.
Baker Boyer is the oldest independently owned community bank in the Pacific Northwest. It serves the Walla Walla, Kennewick, and Yakima communities with seven branches, providing wealth management as well as personal and business banking services. The Commercial Credit Specialist (Specialist) partners with Business Advisor(s) by assisting in obtaining relevant credit and financial data used in evaluating the credit worthiness of a client, analysis of financial information, and credit management decisions for business banking loan types including commercial, dealer, and agricultural borrowers. The Specialist produces comprehensive and objective credit analysis of borrowers through the review, spreading and trend comparison of financial reports and assists the Business Advisor in making an informed credit decision. The Specialist must be able to identify potential risks of the credit using acceptable trend analysis generated by various tools, spreadsheets, and Financial Analyzer. The Specialist must clearly and concisely communicate such analysis to the Business Advisor and bank management in the form of loan write-ups and other such reports and determine the appropriate mitigation of such risks. The Specialist will also partner with the Business Advisor in the management of the loan portfolio by making decisions to recognize and report problem credits, reviewing past due loan reports and providing a management plan to remedy them. The Specialist must also be able to act on the behalf of their Business Advisor partner, by fulfilling the necessary duties in their absence. This includes acting independently to make decisions regarding the management of the portfolio to ensure that the portfolio continues to provide a revenue stream. Key responsibilities include: Spreads and analyzes monthly, quarterly, and annual financial information, prepares spreadsheets, calculates ratios, prepares budgets and projections of borrowers to determine if they have the capacity to repay debt as agreed. Analyzes borrowers' industry, business practices, and management capability as well as financial condition, performance and projections. Prepares well-written loan requests for the Business Advisor and lending management summarizing borrower's loan request, officer recommendations, an analysis of the proposed collateral, an analysis of financial trends, and provide a recommendation that includes a structure that matches a borrower's ability to repay their loans. Works with the Business Advisor to gather detailed data on borrower, history, management experience, industry, and other necessary facts pertinent to preparing a complete and high-quality loan report. May assist in presenting loan report to underwriting and approving managers. Reports, tracks and maintains financial monitoring and covenant system for Business Advisors using InfoAccess covenant tracking system. Works with clients and Business Advisors to collect financial reports and data. In conjunction with the Business Advisor(s), the Analyst helps identify problem credits, and assist in the decision to make a recommendation, so that these credits may be placed on the bank's problem asset list and a solid management plan may be initiated. Through the periodic analysis of financial information, the Analyst promptly informs the Business Advisor of any unusual events or trends taking place within the credit. Assists and provides back-up support to Business Banking Advisors with respect to managing business banking clients. Partners with Business Advisors to achieve the credit needs of the clients. Attends training sessions and schools for job development and enhancement. Reads current publications and maintains contact with a variety of sources of information in the banking industry to keep informed about business, economics, market conditions, industry trends, etc.; maintains intimate knowledge of the Bank's lending area including the surrounding economy and real estate values. Promotes and maintains a professional bank image and acts as a role model for all bank employees. Assists in the training of new personnel. Demonstrates professionalism and discretion regarding the sensitive and confidential nature of client finances for loans. Skills and qualifications include: Ability to understand, spread, and analyze business and personal tax returns, financial statements, and projections. Ability to use sound judgement to make a credit decision. Knowledge of many different types of business accounting. Ability to prepare comprehensive, well-written loan write-ups and other analytical reports. Strong computer literacy, including Microsoft Office. Demonstrated ability to efficiently learn new programs and to proficiently use and interpret data provided by software tools, including spreading software. Seeks out and participates in ongoing education to maintain knowledge of regulations, industry trends, and economics. Ability to quickly learn and work with bank regulations, products, processes & procedures. Will work closely with policy manuals. Ability to quickly learn and work with loan documentation for business and personal loans. Education and experience requirements include: Minimum 2 years' experience as a credit analyst in the industry. Graduation from a four-year college or university in finance, business or related field preferred. Equivalent combination of education and experience to perform the job functions is acceptable. Thorough understanding of GAAP accounting (cash and accrual) and tax accounting for various types of industries including commercial, wineries, agriculture, and dealers. Knowledge and ability to work with Jack Henry and CreditQuest desired. MBA and/or CPA highly beneficial. Physical demands/conditions requirements include: While performing the duties of this job, the employee is regularly required to sit and/or stand, write, type, speak, and listen. The employee is occasionally required to stand, walk, reach, stoop, or crouch. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus. Ability to sit at desk and work on computer. Occasional travel for business or educational purposes. Baker Boyer is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status.