Commercial Credit Analyst
Overview:
Univest Financial Corporation (UVSP), has approximately $7.9 billion in assets and $5.0 billion in assets under management and supervision (as of June 30, 2024). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region.For nearly 150 years, Univest has stayed true to our philanthropic spirit and the strength of our Committed To Local giving program is one of the things that differentiates us. In 2023, Univest donated $2.4 million to our local nonprofits and our employees volunteered more than 13,100 hours.
At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. Seeking career-focused individuals, looking to bring passion and creativity to drive change.Our employees are encouraged to work collaboratively and embrace innovation to deploy needs based financial solutions in the communities we serve.
We are seeking a Commercial Credit Analyst to join our growing team.
Responsibilities:
Partner with Relationship Managers, Portfolio Managers, and Credit Officers during all phases of commercial underwriting process, which includes new requests, renewals and annual reviews of existing relationships.
Primary tasks include:
- Organize relevant financial data. Spread and analyze audited, reviewed and company prepared financials in addition to corporate and personal tax returns and personal financial statements.
- Prepare cash flow charts, test covenants, and determine collateral coverage position.
- Prepare credit memoranda for approval. Memoranda should include a summary of financial performance analysis, cash flow generation, loan grades, debt capacity, and projected outlook.
- Complete various training assigned by Manager which may be outside normal business hours and off-site.
Completes other tasks as requested.
Responsible for compliance with laws and regulations that apply to the position, including the Univest Financial Corporation Code of Conduct.
Qualifications:
BS in Finance, Accounting, Business Administration, or Economics, preferred.
Commercial banking underwriting experience preferred, but not required.
Understanding of credit risk analysis, financial statement analysis, commercial loan underwriting and succinct business writing.
Knowledge of traditional C&I, Commercial Construction, Commercial
Mortgage and SBA program loan structures, covenants and documentation.
Possess strong organizational, analytical and communications skills.
Ability to work within compressed deadlines.
Professional appearance, strong interpersonal skills, positive and professional attitude.
Proficient in Microsoft tools such as Teams, Excel, Word, PowerPoint and Outlook.
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An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.