Corp Banking Credit Analyst

Description

At Citizens, we work together to make a difference for companies that are building, supplying and serving industries and consumers across the country.

As a Corporate Banking Credit Analyst, you will support a group of Portfolio Managers by preparing analyses of commercial borrowers, including spreading financial statements for straightforward credits. You will be responsible for completing written summaries of industry issues, industry research and writeups, and preparing relationship data for existing commercial customers or prospects. Additionally, you will support activities associated with credit file maintenance, compliance and annual review activities for a variety of credits.

In this role at Citizens, you’re made ready for a fulfilling career with exciting new challenges and opportunities to stretch yourself!

Primary responsibilities include

• Audits credit files to ensure that all necessary documents are present and up to date.
• Prepares and submits internal reporting/compliance documents and reporting for assigned portfolio.
• Completes written summaries of industry issues and information.
• Assists with processing loan modifications, tracks and collects financial reporting, covenant compliance, collateral requirements.
• Confirms the accuracy of risk ratings and changes as warranted.
• Is able to develop solutions and alternative to modifications, including financial covenant structuring.
• Works diligently in support of assigned credits to present information in an organized manner.
• Assists with managing the existing portfolio of straight forward credits/customers through verification and analysis of financial and collateral information.
• Completes the CPS, terms and conditions and appendices, cash flow coverage, collateral coverage worksheets, spreads, risk rating and profitability models for assigned credits for straightforward loans (generally a type of credit which does not issue public.
• financials, is not highly levered, does not include an asset securitization, nor rely on Enterprise Value).
• Prepares relationship data on commercial customers/prospects and accurately identifies total bank exposure.
• May support a particular group of PMs in support of the activities noted above for straight forward credits.
• Exhibits ability to interpret financial statements and draw conclusions based on the analysis completed and can summarize findings to PM or RM.

• Proficient in analyzing commercial borrower financials, including spreading financial statements for straightforward credits.
• Skilled in preparing written industry summaries, conducting market research, and drafting relationship data for commercial clients and prospects.
• Experienced in credit file audits to ensure documentation accuracy and compliance.
• Capable of preparing and submitting internal compliance reports and portfolio updates.
• Knowledgeable in processing loan modifications, tracking financial reporting, and monitoring covenant and collateral compliance.
• Able to assess and confirm risk ratings, and recommend changes when appropriate.
• Demonstrated ability to structure financial covenants and propose alternative credit solutions.
• Strong organizational skills in presenting credit information clearly and concisely.
• Familiar with completing credit packages including CPS, terms and conditions, cash flow and collateral coverage, and profitability models.
• Understands total bank exposure and can accurately prepare relationship data for commercial clients.
• Effective in supporting Portfolio Managers with credit analysis and portfolio maintenance.
• Competent in interpreting financial statements and summarizing key insights for decision-makers.

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.