WN
Credit Analyst I
full-time
About this role
Take the next step toward your new career today!
Become a part of the diverse and inclusive team within our nationally recognized award-winning Bank that is one of the strongest in the nation. Woodforest National Bank is privately owned, and our Employee Stock Ownership Plan is the largest shareholder. We focus on building relationships and discovering opportunities to better serve our communities and understand the financial needs of every customer we serve. At Woodforest we care and prove it by volunteering with local charities and foodbanks to give back to the communities we serve. By joining Woodforest you will become a part of one of the largest employee-owned banks in the country!
The Credit Analyst I is responsible for compiling and analyzing financial data to determine the credit risk of new and existing loans. This position prepares underwriting packages and provides input on loan requests in order for a sound credit business decision to be made by Relationship Managers.
Key Responsibilities:
· Gathers information needed to underwrite loan packages by conducting customer interviews and requesting credit reports and financial statements on borrowers and guarantors of proposed requests; works to clear any outstanding exceptions.
· Spreads financial statements and conducts comprehensive analyses to determine the degree of risk involved and profitability of extending credit or lending money, such as cash flow, trend and industry analysis.
· Prepares underwriting packages; communicates results and recommendations in a written narrative.
· Monitors and updates pipeline and other department reports; communicates with Relationship and Portfolio Managers on status of pending requests.
· Maintains physical and electronic credit files; retrieves documentation for audits, exams and assessments.
Competencies Required:
· Working knowledge of lending and credit risk management concepts, practices and procedures.
· Solid technology and internet skills, including intermediate proficiency in Microsoft Office (Word, Outlook, SharePoint and Excel) and ability to navigate financial software applications.
· Ability to manage multiple responsibilities and projects in a fast-paced environment with competing priorities and deadlines.
· Strong analytical skills with the ability to interpret financial data and identify trends.
· Good attention to detail and concern for data accuracy.
· Excellent critical thinking and decision-making skills; demonstrated ability to make sound business judgments.
· Strong customer service and communication skills, including technical writing abilities.
Minimum Qualifications/Experience:
· 1+ years’ experience or exposure working with analytical tools such as excel or similar required.
· 1+ years’ experience working in a group setting and/or on non-complex business projects involving advanced calculations required.
· 1+ years’ experience in the banking or financial services industry with exposure to Credit Risk Management, Consumer/Commercial Loans, or similar lending compliance related work experience preferred.
Formal Education & Certification:
· Bachelor’s Degree in Accounting, Business, Finance or Economics required; with a minimum of 12 hours of accounting coursework to include Intermediate Accounting I and II, or an equivalent.
Work Status:
· Full-Time.
Supervisory Responsibility:
· None.
Travel:
· 0%25 - Negligible amount of travel expected.
Working Conditions:
· Conditions involve lifting no more than fifteen pounds, sitting most of the time, but may involve walking, moving, or standing for brief periods, and occasionally lifting and carrying articles like files, ledgers, folders, etc.
Disclaimer:
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Nothing herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Woodforest is an Equal Opportunity Employer, including Disability and Veterans.
Become a part of the diverse and inclusive team within our nationally recognized award-winning Bank that is one of the strongest in the nation. Woodforest National Bank is privately owned, and our Employee Stock Ownership Plan is the largest shareholder. We focus on building relationships and discovering opportunities to better serve our communities and understand the financial needs of every customer we serve. At Woodforest we care and prove it by volunteering with local charities and foodbanks to give back to the communities we serve. By joining Woodforest you will become a part of one of the largest employee-owned banks in the country!
The Credit Analyst I is responsible for compiling and analyzing financial data to determine the credit risk of new and existing loans. This position prepares underwriting packages and provides input on loan requests in order for a sound credit business decision to be made by Relationship Managers.
Key Responsibilities:
· Gathers information needed to underwrite loan packages by conducting customer interviews and requesting credit reports and financial statements on borrowers and guarantors of proposed requests; works to clear any outstanding exceptions.
· Spreads financial statements and conducts comprehensive analyses to determine the degree of risk involved and profitability of extending credit or lending money, such as cash flow, trend and industry analysis.
· Prepares underwriting packages; communicates results and recommendations in a written narrative.
· Monitors and updates pipeline and other department reports; communicates with Relationship and Portfolio Managers on status of pending requests.
· Maintains physical and electronic credit files; retrieves documentation for audits, exams and assessments.
Competencies Required:
· Working knowledge of lending and credit risk management concepts, practices and procedures.
· Solid technology and internet skills, including intermediate proficiency in Microsoft Office (Word, Outlook, SharePoint and Excel) and ability to navigate financial software applications.
· Ability to manage multiple responsibilities and projects in a fast-paced environment with competing priorities and deadlines.
· Strong analytical skills with the ability to interpret financial data and identify trends.
· Good attention to detail and concern for data accuracy.
· Excellent critical thinking and decision-making skills; demonstrated ability to make sound business judgments.
· Strong customer service and communication skills, including technical writing abilities.
Minimum Qualifications/Experience:
· 1+ years’ experience or exposure working with analytical tools such as excel or similar required.
· 1+ years’ experience working in a group setting and/or on non-complex business projects involving advanced calculations required.
· 1+ years’ experience in the banking or financial services industry with exposure to Credit Risk Management, Consumer/Commercial Loans, or similar lending compliance related work experience preferred.
Formal Education & Certification:
· Bachelor’s Degree in Accounting, Business, Finance or Economics required; with a minimum of 12 hours of accounting coursework to include Intermediate Accounting I and II, or an equivalent.
Work Status:
· Full-Time.
Supervisory Responsibility:
· None.
Travel:
· 0%25 - Negligible amount of travel expected.
Working Conditions:
· Conditions involve lifting no more than fifteen pounds, sitting most of the time, but may involve walking, moving, or standing for brief periods, and occasionally lifting and carrying articles like files, ledgers, folders, etc.
Disclaimer:
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Nothing herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Woodforest is an Equal Opportunity Employer, including Disability and Veterans.
What you'll do
- The Credit Analyst I is responsible for compiling and analyzing financial data to assess credit risk for loans. This includes preparing underwriting packages and providing input on loan requests for decision-making.
About Woodforest National Bank
For over 30 years, Woodforest National Bank® has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest National Bank offers both consumer and business products and services at more than 740 branches in 17 states across the United States. Woodforest National Bank is privately owned and our Employee Stock Ownership Plan is the largest shareholder. In the spirit of “true ownership” Woodforest National Bank employees strive to offer quality banking service and to understand the financial needs of every customer they serve. Our employees live, work and “give back” throughout our many banking communities by supporting organizations and civic events with countless hours of volunteer time and financial support. Woodforest National Bank is committed to earning customer loyalty by offering the highest level of customer service and competitive products and services by employees who are fair, responsive and professional. We believe in "relationship banking" and stand behind our motto of "Banking your way...EVERY DAY AND NIGHT!"
Ready to join Woodforest National Bank?
Take the next step in your career journey
Frequently Asked Questions
What does a Credit Analyst I do at Woodforest National Bank?
As a Credit Analyst I at Woodforest National Bank, you will: the Credit Analyst I is responsible for compiling and analyzing financial data to assess credit risk for loans. This includes preparing underwriting packages and providing input on loan requests for decision-making..
How do I apply for the Credit Analyst I position at Woodforest National Bank?
You can apply for the Credit Analyst I position at Woodforest National Bankdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.