Credit Analyst II

Company: City National Bank
Location: Garden Grove
Posted on: February 15, 2020

Job Description:

As a member of City National's Commercial Banking group, you will help to provide expertise and financing solutions to mid-market businesses and organizations with professional management, headquartered in the United States. By listening and understanding the client's needs, the team delivers specialized service and industry-specific expertise to help solve challenges for companies that are growingThe Credit Analyst will be responsible for assisting Credit Officers with analytical support relating to new and existing relationships and ongoing portfolio management. In this role, the Credit Analyst will be responsible for financial statement spreading as needed, projection model analysis and preparation, covenant analysis, quarterly and annual reviews, and other research and analysis in support of Credit Officers. This role will also assist with reporting and other portfolio monitoring tasks in support of the broader portfolio. The selected candidate for this position will be part of the Aerospace & Defense team and will be focused on clients within this industry vertical. Basic Requirements

• * Undergraduate degree in business, preference in accounting
  or finance.
• *Completion of Intermediate Financial and Managerial Accounting.
• *Min. 2 years of credit analyst experience.
• Good verbal and written communication skills
  
• Strong analytical, organizational, interpersonal and communication skills
  
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
  
• Working knowledge of accounting and financial statement analysis
  
• Basic knowledge of banking policies and procedures
  
• Prior role in credit and/or financial analysis preferred
  
• Requires a working knowledge of appropriate banking laws, regulations and bank policies and practices.
  
• Formal credit training strongly preferred Responsibilities
  • Prepares projection model analysis for new and existing relationships which includes management, expected and downside case assumptions and enterprise value analysis.
  • Prepares credit analysis for quarterly and annual reviews under supervision of Credit Officers.
  • Provides analytical support to Credit Officers on new and existing relationships relating to due diligence, industry research, document processing, and financial statements analyses.
  • Monitors for receipt, and analyzes and evaluates documents for new and existing relationships. This may include financial statements for the company, owners, and/or guarantors, tax returns, cash flow, collateral, covenants, etc. to identify strengths and weaknesses pertaining to a borrower's financial position.
  • As needed, may perform financial statement spreading, covenant calculations, and collateral reviews.
  • Assist in the preparation and ongoing maintenance of the group's portfolio monitoring reports.
  • Participate with Relationship Managers and Credit Officers on client calls. *Represents basic qualifications for the position. To be considered for this position you must at least meet the basic qualifications.City National Bank is an Equal Opportunity Employer - Affirmative Action Employer, Minorities/Females/Individuals with Disabilities/VeteransNote: This preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.Note: Candidates should be advised that City National Bank does not pay interviewee travel expenses or relocation expenses for candidates who are hired unless previously agreed. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

Keywords: City National Bank, Garden Grove , Credit Analyst II, Professions , Garden Grove, California