Note: The job is a remote job and is open to candidates in USA. SouthState Bank is a trusted financial partner known for its commitment to helping customers move forward. The Commercial Credit Analyst I position is responsible for providing analytical and loan decision support by preparing financial statement spreads for commercial loan borrowers and performing credit analysis.
Responsibilities
- Performs spreads and credit analysis of commercial borrowers and guarantors, utilizing audited, reviewed, and complied financial statements and tax returns
- Performs personal cash flow analysis utilizing individual tax returns and personal financial statements
- Performs complex spread requests for specialized lending groups: (i.e. middle market loans, franchise finance, not-for-profits, municipalities, homebuilder loans, religious organizations, associations, foreign financials, trusts, bank vendors, and enterprise value loans)
- Uses independent judgement and discretion to appropriately provide detailed Credit Analysis on all spread requests
- Due to the complexity and significance of the Bank’s loan portfolio, careful judgement and discretion is required to properly assess the risk to the Bank’s mission and goals
- Demonstrates the ability to work independently with minimal oversight
- Participates and leads various training and mentoring sessions with other Credit Analysts and Commercial Associates
- Communicates with Relationship Managers, Portfolio Managers, and Credit Administrators as needed to convey concerns and/or risks related to loans
- Utilizes credit-reporting services to compile reports relating to the credit history of current and potential customers
- Ensures that all work prepared is timely and turned around within department guidelines and with the utmost accuracy
- Researches and analyzes financial data, interprets, and prepares reports of financial position and determines if additional information is needed to properly analyze the financial condition of a borrower so that a proper decision is made regarding approval or declination of credit
- Monitors the financial position of established accounts and brings irregularities to the attention of the loan officer
- Works with Portfolio Managers to learn the Portfolio Manager role and to assist with underwriting/servicing tasks as needed
- Successfully works with teammates to collectively assist the Commercial Credit Analyst team in stated objectives and tasks
- Works to create a constructive workplace environment that expands positive culture and enhances the Bank’s core values
- Undertakes special projects that may be deemed of significant importance to the Chief Credit Officer
- Participates in community related activities
- Ensures that the Bank’s policies and procedures, code of conduct, and regulatory guidelines are strictly complied with
- Provides aid to other employees by liaising with them through healthy and positive interactions
- Continuously updates skills by participating in professional training and development
- Seeks opportunities to improve skills through cross-training offered by the Bank
- Position may require regular before/after normal business hours, or regular out-of-town travel
- All other tasks, responsibilities, or duties, as directed by the Commercial Credit Analyst Team Lead or the Director of Commercial Credit Analysts
Skills
- A bachelor's degree in business, finance, or accounting is recommended to have a good understanding of financial statements and to make industry evaluations
- Finance/accounting related work experience of at least five years in lieu of a college degree in business, finance, and accounting
- Work as a Commercial Credit Analyst, or similar credit position, for a minimum of one year
- Knowledge of personal computer, Windows and Microsoft software applications is necessary
Company Overview
- The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. It was founded in 1934, and is headquartered in Winter Haven, Florida, USA, with a workforce of 5001-10000 employees. Its website is https://southstatebank.com.