First Horizon Bank - Senior Credit Analyst - Palm Beach, Florida
Summary
The Credit Analyst, Sr position provides high level analytical support in underwriting/analyzing commercial credit facilities and assisting Portfolio Managers and Relationship Managers in managing customer relationships. A Senior CA will be expected to provide credit analysis support for assigned lending relationships. The position also provides mentoring and guidance to Client Specialists and other Credit Analysts as it relates to lending guidelines and underwriting standards. The ideal candidate works well in a team-focused setting and is comfortable balancing competing priorities in a deadline-driven environment.
Key Responsibilities Include:
- Interpret financial statements and provide financial analysis support utilized in underwriting complex C&I loans.
- Work proactively to ensure production is prioritized appropriately and completed in a timely manner. Specific tasks include: financial statement spreading; completing financial analysis documents; updating and creating new requests, modifications, renewals, and annual reviews in the Bank’s commercial loan system; tracking and completing covenant monitoring, completing industry research, and developing a strong understanding of the Bank’s commercial loan policy.
- Participate in transaction structuring and relationship strategy meetings with management and credit partners to justify and explain information in the analysis when warranted.
- Analyze and prepare complex credit approval documentation in FHB’s commercial loan system. The senior analyst is responsible for accurately reflecting all loan terms, collateral, covenants, loan grade inputs, policy exceptions, and calculating credit exposure for a given relationship in the commercial loan system.
- Partner with Portfolio Managers to monitor and manage assigned commercial loan portfolios, including tracking covenants, recording financial statements, and monitoring company performance against expectations.
- Participate in internal credit conversations with PMs, RMs, Credit Risk Managers, and senior management, and in external meetings with clients and prospects.
- Participate in or lead special projects and assignments and perform other duties assigned.
- Identify and report material changes or trends in the financial statements of borrowers or guarantors observed in the preparation of credit approval presentations.
Qualifications Include:
- Bachelor’s degree (B.A.), preferably in Accounting, Finance, or Business or equivalent in specific work experience.
- 5 or more years of related experience in Financial Services, Banking, Credit Analysis, Loan Review, or similar background preferred.
- Familiarity with corporate credit products and the processes used to analyze financial data.
- Good fundamental understanding of general bank operations and the commercial lending process.
- Strong computer skills required with the following programs: Access, Word, PowerPoint, Outlook, and highly proficient skills with Excel.
- Experience with Salesforce or nCino applications is a plus.
- Ability to read and listen, understand and communicate information and ideas in a clear and understandable manner, both orally and in writing with senior executives, business unit management and staff, state and federal regulators and officials, and significant business partners.
- Ability to read, analyze, and interpret financial reports and legal documents; perform simple to complex calculations; effectively research, analyze, and evaluate information to make decisions, solve problems, and achieve goals.
About Us
First Horizon is a leading regional financial services company, dedicated to helping our clients, communities, and associates unlock their full potential with capital and counsel. With $81.7 billion in assets as of December 31, 2023, we serve clients through a team of approximately 7,300 associates and 418 banking centers throughout the southeastern United States. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.
Corporate Diversity Commitment:
We remain committed to creating a more equitable society, and that starts with our associates, our clients, and the communities we serve. We do this by elevating equity, providing capital and counsel, and committing to excellence in everything we do.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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