External Applicants: Please apply through Prosperity Bank's Career Center at https://www.prosperitybankusa.com/Careers. Applying through any other source may prevent Prosperity from receiving your application. Internal A…
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Full-time
bachelor degree
Posted 28d ago
~40 hrs/week
Responsibilities
The Credit Analyst is responsible for analyzing commercial financial statements and performing underwriting for loan packages to determine credit risk. They also conduct loan reviews, recommend credit grades, and perform stress test analysis on commercial real estate portfolios.
Requirements
Candidates must hold a Bachelor’s degree in Business Administration, Accounting, or Finance with specific credit hours in accounting and finance. A minimum of one to two years of banking experience is preferred.
Full job description
External Applicants: Please apply through Prosperity Bank's Career Center at https://www.prosperitybankusa.com/Careers. Applying through any other source may prevent Prosperity from receiving your application. Internal Applicants: If you are a current associate of Prosperity Bank, please apply through the internal Talent - Career Center in ADP.
Prosperity Bank is an Equal Opportunity Employer.
POSITION PURPOSE
Responsible for analyzing credit and financial reports to determine risk involved in loaning money or extending credit.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
Spreading and analysis of commercial financial statements for prospective and existing loan customers.
Perform financial analysis and basic underwriting of loan packages for loan officers to include the following: trend, equity and ratio analysis, loan structuring, collateral analysis, guarantor analysis, and calculation of Global Debt Service Coverage.
Perform loan reviews of existing commercial loans
Recommend credit grades based on creditworthiness of borrower and performance of the loan
Identify documentation exceptions and evaluate underwriting
CRE Stress Test Analysis
Review Rent Rolls, Construction Budgets, Pro Forma Statements, Feasibility Studies, A/R Aging, Inventory, Equipment, Floor Plan Reports
Prepare Stress Model, Projected Income Scenarios, etc…
Other duties as assigned.
QUALIFICATIONS:
EDUCATION/CERTIFICATION: Bachelor’s Degree in Business Administration, Accounting, or Finance with a minimum of 12 hours of accounting and/or 18 hours of finance.
SKILLS/ABILITIES: Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines. Strong analytical skills with an ability to interpret complex financial information and identify relevant risks. Strong verbal and written communications skills.
CAREER PROGRESSION: Successful candidates will have the opportunity of becoming Junior Commercial Lenders after completion of the two-year Credit Analyst program
POSITION LOCATION: Open to relocation within the State of Texas and Oklahoma if necessary.
SUPERVISORY RESPONSIBILITIES:
This role has no supervisory responsibilities.
QUALIFICATIONS
Education/Certification:Bachelor’s Degree in Business Administration, Accounting, or Finance with a minimum of 9 hours of accounting and/or 12 hours of finance.
REQUIRED EXPERIENCE: Minimum one year banking experience preferred.
SKILLS/ABILITIES: Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines.
Strong analytical skills with an ability to interpret complex financial information and identify relevant risks.
Strong verbal and written communications skills.
CAREER PROGRESSION: Successful candidates will have the opportunity of becoming Junior Commercial Lenders after completion of the two-year Credit Analyst program
POSITION LOCATION: Open to relocation within the State of Texas and Oklahoma if necessary.
PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
Talking:Especially where one must frequently convey detailed or important instructions or
ideas accurately, loudly, or quickly.
Average Hearing:Able to hear average or normal conversations and receive ordinary information.
Repetitive Motion:Movements frequently and regularly required using the wrists, hands, and/or
fingers.
Average Visual Abilities:Average, ordinary, visual acuity necessary to prepare or inspect documents or
products, or operate machinery.
Physical Strength:Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally.
(Almost all office jobs.)
WORKING CONDITIONS
None: No hazardous or significantly unpleasant conditions (such as in a typical office).
MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
Reasoning Ability:Ability to deal with a variety of variables under only limited
standardization.
Able to interpret various instructions.
Mathematics Ability: Ability to compute interest, payments, profit and loss, financial ratios, percentage, cash flow and debt service.
Able to perform very simple algebra.
Language Ability:Ability to read a variety of books, magazines, instruction manuals, atlases, and encyclopedias.
Ability to prepare memos, internal loan applications, reports, and
essays using proper punctuation, spelling, and grammar.
Ability to communicate distinctly with appropriate pauses and
emphasis, correct pronunciation (or sign equivalent), and
variation in word order using present, perfect, and future tenses.
Related keywords
Credit AnalystBankingFinancial StatementsUnderwritingLoan PackagesTrend AnalysisEquity AnalysisRatio AnalysisLoan StructuringCollateral AnalysisGuarantor AnalysisGlobal Debt Service CoverageLoan ReviewsCommercial LoansCredit GradesCRE Stress Test
At Prosperity Bank, we believe in a community banking philosophy where personal relationships and great experiences go hand-in-hand. We provide convenient technology options that our customers expect – all backed by the highest level of security. At every touch point, you’ll find knowledgeable associates ready to serve our customers with accuracy and a smile time and time again. Prosperity provides personal banking services and investments to consumers and small to medium sized businesses throughout Texas and Oklahoma. Founded in 1983, Prosperity ranks among the top 100 U.S. banks in assets. Member FDIC. Equal Housing Lender.
Offices: 80 Sugar Creek Center Blvd, Sugar Land, Texas 77478, US · 4295 San Felipe St, Houston, Texas, US
Financial ServicesPersonal BankingOnline BankingMobile Deposit and Personal LoansBusiness BankingRemote Deposit Capture and Commercial Loansand Home MortgageWealth Management and Trust ServicesFinanceBanking
How many Management & Leadership jobs are open in Lubbock, TX right now?
There are currently 444 open management & leadership positions in Lubbock, TX listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Management & Leadership roles in Lubbock, TX?
Companies currently hiring include Leprino, The Wendy's Company, PROVIDENCE MEDICAL INSTITUTE, Starbucks, CVS Health, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Management & Leadership jobs in Lubbock, TX?
Yes — 47 of the 444 open management & leadership positions offer remote or hybrid work (14 remote, 33 hybrid).
How do I apply for Management & Leadership jobs in Lubbock, TX?
Each listing links directly to the employer's application page. Apply early — fresh listings get the most recruiter attention in the first two weeks.