Credit Analyst
Company: Plumas Bank
Location: Reno
Posted on: May 24, 2023
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Job Description:
Work location to be determined based on applications
received
*JOB SUMMARY*
Under limited supervision, this position will focus on producing
high quality, detailed work based on the established standards,
guidelines and procedures of Plumas Bank. Precise and consistent
work output is essential requiring patience and the ability to
handle and complete one task at a time. This position requires an
individual to develop a thorough understanding of the job and
demonstrate consistent competency of the tasks. This position is
designed to develop a valued, administrative expert who can deliver
quality work on a consistent basis.
*ESSENTIAL FUNCTIONS*
* Spread financial statements of borrowers and guarantors.
* Spread tax returns and K-1's of borrowers and guarantors.
* Calculate borrower, guarantor and global debt service
coverage.
* Analyze real estate rent rolls plus income and expense history to
calculate historical and projected debt service coverage.
* Stress test real estate projections for interest rate and vacancy
rate cushion.
* Review lease terms and tenant financials, if applicable.
* Review ag borrower projections for clarity and to determine if
reasonable and conforming to Bank's commodity pricing
guideline.
* Review contractor financial and background packages for
acceptance, if applicable.
* Analyze interim financial information, spreading tax returns and
financial statements for conformance with financial covenants and
continued debt service capacity.
* Provide real estate income and expense history to Lenders to
accompany their 3rd party Annual CRE Inspection reports.
* Communicate to Lenders any financial constraints, exceptions
noted, subject to approval requirements, non-compliance with
financial covenants, etc.
*MINIMUM QUALIFICATIONS*
Completion of high school or equivalent.
*EXPERIENCE:* A combination of education and experience equivalent
to:
Three plus years' experience working in an office environment
and/or combination of education and experience. Financial analysis
experience preferred, but not required. Knowledge of personal
computer operations including word processing, spreadsheet and
email software programs. Good organization and communication
skills.
*Equal Opportunity Employer/Veteran/Disabled*
Job Type: Full-time
Pay: $25.00 - $52.50 per hour
Benefits:
* 401(k)
* 401(k) matching
* Dental insurance
* Employee assistance program
* Flexible spending account
* Health insurance
* Life insurance
* Paid time off
* Professional development assistance
* Tuition reimbursement
* Vision insurance
Physical setting:
* Office
Schedule:
* 8 hour shift
* Monday to Friday
Ability to commute/relocate:
* Reno, NV 89502: Reliably commute or planning to relocate before
starting work (Required)
Work Location: In person
Keywords: Plumas Bank, Reno , Credit Analyst, Professions , Reno, Nevada
Click
here to apply!
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