About this role
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 verifying accuracy of financial statements, analyzing credit and financial reports to ensure all documents comply.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
- Verify accuracy of financial statements and other reporting requirements provided by the borrower per the terms of the loan agreement
- Calculate and analyze financial and other ratios to monitor the borrower’s compliance with loan documents
- Calculate availability on Lines of Credit based upon Borrower’s provided financials
- Compare loan underwriting to loan documents to ensure all requirements agreed upon are present in the legal documents
- Provide guidance to lending staff in creating and monitoring financial ratios required of borrower
- Create and send default notices when the borrower is out of compliance with loan agreement requirements
- Participate in the preparation of various reports on a periodic basis
- Exhibit an understanding of and ensure compliance with Credit and Regulatory Policies
- All other duties as needed or assigned
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QUALIFICATIONS
EDUCATION/CERTIFICATION: Bachelor’s degree, preferably in finance, accounting, or business administration with a minimum of a 3.0 GPA.
REQUIRED KNOWLEDGE: Comprehensive knowledge of credit reports and determination of credit worthiness.
Proficient in Microsoft Word, Excel, and Outlook.
High level of confidentiality required.
EXPERIENCE REQUIRED: Prefer prior experience in a financial institution.
SKILLS/ABILITIES: Must be detail oriented with strong analytical abilities.
Must have strong interpersonal, verbal, and written communication, time-management, and organizational skills.
Must be able to work in a team environment, take initiative, and show solid work ethic.
Must have the ability to make appropriate judgements and decisions with limited guidance.
Excellent planning and organizational skills, including the ability to work independently on projects of high complexity with minimal supervision.
Ability to maintain confidentiality and instill trust within the organization.
Hours: Monday - Friday 8:00 am to 5:00 pm
40 hours per week
Other facts
About PROSPERITY BANK
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.
What you'll do
- The Credit Monitoring Analyst is responsible for verifying the accuracy of financial statements and analyzing credit and financial reports to ensure compliance with loan documents. They will also provide guidance to lending staff and create default notices when necessary.
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