Credit Portfolio Analyst II at TowneBank in Raleigh, North Carolina

Job Description:

TowneBank has a culture that:

• Has a commitment to exquisite service for our members that will lead to our ability to create a reasonable rate of return for our shareholders, a bright future for our dedicated bankers, and a leadership role for our bank in promoting the social, cultural, and economic well-being of our community.


• Embraces our hometown banking philosophy, where our family members, directors and employees are active volunteers, serving on numerous boards and donating their time and talents to local organizations.


• When you work for us, you'll be part of a company committed to the well-being and success of each and every member of our team. We work hard to create a culture of caring so that our employees can enjoy a fun and fulfilling career and look forward to coming into work each day.


• Is dedicated to providing our employees with all the resources needed to succeed, such as advanced technology, paid training and generous benefits. We are always searching for the best and the brightest to help us create a seamless experience for our customers.

As a Credit Portfolio Analyst, you may look forward to:

• Working with the lenders to assist in the analysis and documentation of the financial statements of principals and their related entities.


• Spreading and analyzing financial information and interpret the financial condition of commercial customers and guarantors.


• Identifying and communicating risk factors that could impact the bank’s ability to be repaid.


• Underwriting guarantor cash flows and contingent liability analysis.


• Pulling and evaluating guarantor Credit Bureau Reports.


• Completing Global Cash Flows.


• Assisting in the completion of Credit Approval Report packages.


• Completing various aspects of the formal Credit Approval Report (CAR), including summary of loan terms, exposure levels, exceptions to policy, risk grade model, credit underwriting analysis with supporting documents, and other attachments as needed.


• Preparing annual and interim credit memos.


• Preparing industry analysis.


• Assisting in credit-related issues. Monitoring and managing financial statement and documentation exceptions to acceptable levels.


• Attending member and prospect business development/relationship calls as requested by the lender.


• Reviewing Loan Maturity Report to determine timing and scope of work projects.


• Completing preliminary file review to determine financial requirements and other items to be obtained from members prior to credit approval process.


• Working closely with the lender to determine appropriate proposed Outline of Loan Terms.


• Updating Collateral Charts, Borrowing Base Spreads, and Covenant Tests as needed.


• Updating relationship loan histories and determine appropriate exposure levels.


• For real estate loans, completing on-site property inspections and updated documentation as required by Loan Policy.


• Maintaining database of real estate values, rental rates, expenses, cap rates, etc.


• Obeying all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)

 You are a person that (required skills):

• Has a minimum of 3-5 years banking/credit analysis experience.


• Has a Bachelor’s degree with accounting or finance background.


• Is proficient in Microsoft Office (Word, Power Point, Excel, Outlook)


• Has the ability to work independently and prioritize work with minimal assistance.


• Has basic understanding of balance sheet, income statement and cash flow statements.


• Has a high degree of attention to detail in order to ensure completeness and accuracy of the analysis.


• Has adaptability to continuous learning.

Physically you can anticipate to:

• Express or exchange ideas by means of the spoken word via email and verbally.


• Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.


• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.


• Not substantially exposed to adverse environmental conditions.

Clerical Office/Admin