The Credit Analyst will work directly with the deal team in analyzing, underwriting and monitoring all credit facilities within their portfolio. As a Credit Analyst, the individual will learn the basics of deal making and loan structures while being exposed to other departments within the Bank.
The Credit Analyst is an excellent first position in banking that paves the way to numerous other opportunities within First Horizon including sales, credit, relationship management, loan review or other similar positions.
Work with the Portfolio Manager (PM) and Relationship Manager (RM) in completing at least 80% of the credit analysis. The credit analysis is Commercial Banking’s primary document for analyzing and underwriting all new and outstanding loans. The credit analyst performs an in depth analysis on the borrower’s ability to repay focusing on the company and owner’s background, recent and historical financial performance, guarantor’s (if applicable) financial condition, collateral performance, risk rating, risk-adjusted return on capital, and several other factors related to First Horizon’s underwriting policies and guidelines.
Duties and Responsibilities:
Work directly with PM, RM and clients to address needs efficiently and accurately
Spread financial statements
Provide advanced analysis in assessing and evaluating current and new business opportunities
Interact with clients through email, phone conversations, field exams, bank group meetings, etc.
Project manage complex credit requests and analyses and see them through to completion
Identify emerging industry trends and proactively monitor the risk in the current book of business
Attend credit meetings and learn to properly present modifications and new to bank opportunities to internal credit partners for final approval
Knowledge and Skills:
Critical thinker possessing superior analytical abilities with the ability to reach logical conclusions based on the available information
Microsoft Office: Strong excel and presentation building skills
Ability to manage multiple projects, while maintaining high attention to detail
Flexibility and proven ability to diagnose and resolve issues
Intellectually curious, ability to think outside the box, assertive
Hard working, smart, creative, analytical, driven, exceptionally organized
Strong communication skills and results driven
Ability to work and excel in a team environment
Exceptional educational background required
CFA Level II Candidates and above preferred
2 – 4 years of commercial credit experience
Bachelor’s Degree required, Finance or Accounting major preferred