Credit Analyst - Specialty Finance

Avidbank is a $2.1 billion commercial bank based in Silicon Valley serving the San Francisco Bay area and beyond. The Credit Analyst position assists the lending function by gathering and analyzing credit information on current and potential borrowers and determining credit risk for diversified types of loans.ResponsibilitiesPosition assists lending function by gathering and analyzing credit information on current and potential borrowers and determining credit risk for diversified types of loansAssists loan officers in writing loan requests and proposalsPromotes quality customer relations and refers customers to appropriate staff for new servicesAssists loan officers in performing pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trendsGathers data from customers and other sourcesPrepares spreadsheets and analyzes financial information including financial statements and tax returnsContacts customers for additional information and clarification of dataVerifies pledged assetsAs instructed, compiles data from credit bureaus, conducts industry peer comparisons, perform cash flow analyses and other related tasksBased on analysis, makes recommendation on loan structures and terms to loan officers and assists in the writing of financial analysis and reportsAssist with loan processing and coordinationMonitors loans and determines when updates to documentation, e.g. financial statements, are requiredInforms loan officers and monitors accountsEnsures that credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achievedAssists loan officers in verification of funds with mortgage companies and contractorsParticipate in the on-going computerization of the loan review functionAssist in providing deposit and loan account ratings for loan officersUpdate and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are takenUnderstands government regulations with particular emphasis on the Bank Secrecy Act and related regulations and the fact that compliance with BSA regulations is an enterprise responsibilityMay represent the Bank in various community, civic and community reinvestment functions to promote the Bank’s image and develop additional businessManage the Specialty Finance Compliance reporting function which includes, but is not limited to: Updates to the Portfolio tracker on a monthly, bi-monthly or weekly basis in preparation for the monthly portfolio reviewsUpdates covenantsAdds new clients to the trackerUpdate Horizon with reports and ticklers as needed and send to team on a weekly basisPerform other duties as requiredSkillsUndergraduate degree in business, finance/accounting, or related fieldFamiliarity with financial statements and ability to analyze business and financial dataProficient in the use of personal computers and software programs, such as Excel and WordFamiliar with financial analysis and development of spreadsheetsGood communication skills, both verbal and writtenBenefitsCompetitive compensationMedicalDentalVisionLife insuranceLong term disability insurance401k with matchingPaid holidaysCompetitive paid time off policyCompany OverviewAvidbank specializes in commercial, industrial, corporate finance, real estate construction, and bridge financing. It was founded in 2003, and is headquartered in Palo Alto, California, USA, with a workforce of 51-200 employees. Its website is http://avidbank.com.



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