Credit Analyst
First Horizon Bank
Credit Analyst
First Horizon Bank
Posted 11 days ago
Full Time
Scottsdale, Arizona
In Person
Smart Summary
The Credit Analyst provides daily support for commercial lending portfolios by performing financial statement spreading, underwriting, and covenant monitoring. They work closely with relationship managers to analyze credit profiles and prepare credit memo documents for loan requests and reviews.
This Credit Analyst position requires a Bachelor's degree in Accounting, Finance, or Business and prefers one to two years of experience in the Financial Services or Banking Industry. Key skills include financial statement analysis, proficiency in Microsoft Office, and strong communication abilities to effectively convey financial information and insights.
Must Have Skills for ATS
Financial analysis
Credit analysis
Underwriting
Financial statement spreading
Tax return spreading
Covenant monitoring
Commercial lending
Loan origination
Portfolio management
Industry research
Microsoft Word
Microsoft Outlook
Microsoft Excel
Data analysis
Communication
Problem solving
Job Description
Location: On Site as listed in Job Posting.
Summary
A Credit Analyst provides daily credit analysis support for commercial lending portfolios. Tasks are completed in a production-based environment and include financial statement and tax return spreading into Bank software or templates, creating and updating loan requests in the Bank’s commercial workflow system, financial analysis, underwriting support, covenant monitoring, and industry research for commercial lending prospects/clients.
Key Responsibilities
- Provide support with commercial loan origination and ongoing loan portfolio management, working proactively to ensure both production and portfolio management tasks are prioritized appropriately and completed in a timely manner.
- Specific tasks include financial statement and tax return spreading into Bank software or templates, creating and updating loan requests in the Bank’s commercial workflow system, completing financial analysis, create and present credit memo documents such as new loan requests, modifications, renewals, and annual reviews, tracking and completing covenant monitoring, and completing industry research for commercial lending prospects/clients.
- Provide feedback on strengths and weaknesses in prospect and borrower credit profiles, incorporating into underwriting documents such as credit memos and annual reviews.
- Monitors, analyzes, and reports key performance indicators of loan portfolio quality.
- Works closely with the Portfolio Manager(s) and Relationship Manager(s) on their assigned team(s), proactively asking questions, requesting feedback, and ensuring work is completed with respect to the team’s priorities.
- Participates in special projects and assignments and performs other duties as assigned.
Requirements
- Bachelor’s degree (B. A.) in Accounting, Finance or Business preferred. A minimum of one to two years of related experience in the Financial Services or Banking Industry is preferred.
- Strong understanding and mastery of financial instruments and the processes used to analyze financial data.
- Strong computer skills required with the following programs: Word, Outlook, and Excel.
- Ability to read and listen, understand and communicate information and ideas in a clear and understandable manner, both orally and in writing with business unit management and staff.
- Ability to read, analyze and interpret financial reports; performs simple to moderately complex calculations; effectively researches, analyzes, evaluates, and articulates conclusions to make decisions, solve problems and achieve goals.
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefit Highlights
• Medical with wellness incentives
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
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First Horizon Bank
When we opened our doors in 1864 on North Court Street in Memphis, we had a simple mission: to provide the best service to our customers, one opportunity at a time. In the 161 years that followed, our communities transformed and expanded. We’ve seen our business and banking in general grow and adapt to the changing needs of customers through the years. But one thing that will always remain constant is our commitment to financial integrity and to helping our customers take good care of their money. Big bank muscle with small bank hustle. That's First Horizon.
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