Credit Analyst

Company: Plumas Bank
Location: Reno
Posted on: May 24, 2023

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