Bank of the West Credit Products Associate in Tempe, Arizona
Credit Products Associate
What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of more than 10,000 employees is vital to the success of our Bank. They reflect our modern western values—straightforward, entrepreneurial and optimistic. We seek to create a corporate culture that fosters and rewards excellence, encourages creative thinking and respects diversity – an environment where team members are engaged, supportive of one another and enthusiastic about serving our customers. Bank of the West offers the stability of a company that has a 135 year history and is part of BNP Paribas, a European leader in global banking and financial services and one of the 6 strongest banks in the world. We offer opportunities across our diverse business lines – Retail Banking, Commercial Banking, National Finance, and Wealth Management.
Job Description Summary
Responsible for providing detailed analysis of financial statements, tax returns, and cash flow projections to assist in administration of relationships in the Equipment Finance Division. Assists in the preparation of simple and/or routine credit requests/reviews. May prepare Borrower correspondence or interact with Credit & Counterparty Risk, Equipment Finance Administration, servicing, operations, appraisal, legal, and other related personnel as needed for obtaining documentation or assisting with loan closing and loan maintenance. In all duties, ensures that the relationships supported are in compliance with all BOW, CBG, regulatory, and legal requirements.
Essential Job Functions
Produces qualitative financial review for credit requests. Handles basic to moderately complex credit relationships. Analyzes credits including financial statement spreading analysis, tax return analysis, and financial statement projections to make recommendations of client's credit situation.
Ensures portfolio maintenance by monitoring delinquencies, matured and maturing loans, and assisting with the preparation of extension requests. Sets up credit files and ensures assigned files are complete and updated according to BOW compliance standards. Also sets up covenant and compliance tracking on Balenz.
Provides support to the regional and division managers for special projects and reporting tasks. Such special projects may include compliance tracking, portfolio analysis, budget forecasts and the creation of excel based underwriting tools.
Attends client and team meetings and assists in determination of client needs. Assists Relationship Managers and others with completion of Credit Requests and other tasks as needed, providing analysis and review as applicable in a timely fashion free of errors.
Other Job Duties
When requested, acts as a team member providing support to the relationship managers and Regional Manager, providing current and timely analysis during the loan underwriting process.
When applicable, interfaces directly with borrowers to obtain financial information and review financial information directly.
May assist in review of credit requests.
Prepares and updates reports as necessary.
Performs other duties as assigned
Requires a minimum of 3 years experience in commercial underwriting
Requires experience in small-medium ticket and/or large ticket equipment finance
Requires financial statement spreading and analyisis
Requires a firm understanding of risk acceptance criteria, risk scorecards, and portfolio risk analysis
Requires experience in engaging in credit review and approval of small and large ticket equipment financing transactions
Ability to multi-task and manage multiple responsibilities
Ability to manage a wide variety of customer transactions and to support and justify credit recommendations
This Equipment Finance Credit Analyst position is assumed to be part of the career path for future relationship management or credit-related job families.
Position will involve preparation of credit proposals or credit synopsis covering credit limits for banks and financial institutions for Trade Finance, Treasury, Syndications, or other business groups that may require Credit and Counterparty Risk approvals.
Strong knowledge and ability to analyze financial statements, tax returns and cash flow.
Strong working knowledge of Microsoft Office (Word, Outlook, Excel). Strong working knowledge of other software used for analysis such as MFA and Tax Analysis.
Strong written and verbal communication.
Ability to perform independently with a minimum of supervision.
Good organizational skills.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Job: Business / Commercial Banking
Location: United States-Arizona-Tempe
Requisition ID: 041501