Credit Analyst / Assistant Relationship Manager

Company: Northwest Bank
Location: Salt Lake City
Posted on: May 25, 2023

Job Description:

About us:


Northwest Bank serves the business and professional communities of Idaho, Oregon, Washington and Utah. We were founded in 2008 with the belief that banks should partner with their customers to find creative financial solutions that work.


In order to achieve that goal, we need experienced Assistant Relationship Managers on our team. People who share our vision and values, know their customers, and work tirelessly to deliver successful financial solutions.


About this Position:


Located in Salt Lake City, Utah. The Associate Relationship Manager (ARM) supports Relationship Managers (RMs) as a member of the client-facing production team. The ARM conducts credit analysis including gathering, analyzing and interpreting all types of credit information on existing and prospective customers and plays a pivotal role in supporting a designated Relationship Manager (RM) to service existing clients and business development for new clients.


What you'll do:


Perform assigned duties in accordance with the Bank's Mission, Vision and Core Values; provide the Bank's customers with timely, responsive and exceptional service in accordance with the Bank's customer service standards

Investigate, interpret and analyze credit reports

Develop key discussion points and questions to assist in analyzing loan opportunities

Support the Relationship Managers (RMs) and Loan Administrators to close loans

Spread and analyze financial statements and information to evaluate existing and projected company cash flow

Work with Loan Administration to determine necessary reports (UCC lien searches, title, insurance, appraisals / evaluations, environmental, flood, etc.)

Review independent appraisal and collateral exam reports

Develop list of key information necessary to support the loan approval process

Prepare detailed Credit Memorandums with defined Credit Quality Expectations and within Credit policies and procedures for review and approval

Make underwriting recommendations to the Relationship Manager, Market President, and Credit Administration, as appropriate

Assist in monitoring loans through timely collection of financial information / tickler management

Create and maintain customer files within defined bank standards

Attend customer meetings and provide written summary in underwriting and evaluating risk

Connect with loan applicants to ensure loan packages are complete

Participate in Credit Training to remain current on standards and expectations

Review portfolio reports to be informed of work flow, maturing loans (early identification of need for loan extensions), covenant compliance, etc.

Analyze/recommend line draws (via Borrowing Base Certificates, Construction Draws, etc.) as requested by RM

Support collection of past due accounts

Assist with the Know Your Customer (KYC) due diligence and new account onboarding for new clients

Assist with customer calls and marketing efforts

Maintain knowledge of and compliance with banking regulations


Your background:


Bachelor's degree in Business, Accounting, Finance, or related area; or equivalent work experience

Relevant experience analyzing business financial statements in the context of commercial banking, investment banking, or commercial real estate lending

Relevant experience with direct client interaction with businesses providing support related to financial services


What we'd like to see:


Experience with financial analysis software such as Moodys and Buker

Proficiency using Windows-based operating systems (Microsoft Word, Outlook, Excel, PowerPoint); spreadsheet applications to organize data used for advanced data analysis and for high-quality, professional presentations to clients and prospects

Thorough understanding of business cash flow and differing legal business structures

Experience working in a fast-paced environment where effectively managing multiple tasks and priorities is critical

Basic knowledge of risk analysis, economics, accounting, and finance practice

Strong relationship-building skills with demonstrated attributes that support a team-based environment

Thorough knowledge of lending policies and procedures preferred

Effective oral and written communication and time management skills

Basic knowledge of deposit and cash management banking products used by lower middle-market companies

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Keywords: Northwest Bank, Salt Lake City , Credit Analyst / Assistant Relationship Manager, Executive , Salt Lake City, Utah