Credit Analyst III

About The Role

Come join the Layton Hills Branch Credit Team! This position is responsible for reviewing documentation for Commercial Loan applications and performing thorough analysis of financial and credit information to determine the viability of requests within the parameters of established policies, procedures, and applicable regulatory guidance. The Credit Analyst will analyze balance sheets, personal financial statements, tax returns, income statements, cash flow statements, and other information using trend, ratio, leverage, projection, and stress techniques to determine adequacy of repayment sources.

This position reviews appropriate documents to determine viability of proposed collateral, including appraisals, leases, title reports, and takes the lead on the analysis of large and/or complex credits.

• Perform thorough analysis of all credit, financial, and cash flow information to determine viability of repayment for all commercial loan requests.
• Determine Borrower and Guarantor character and creditworthiness utilizing information from various sources, including personal and business credit reports, legal forums, publications, and internet sources.
• Assess and determine repayment ability of all borrowers and guarantors through in‑depth analysis of tax returns and financial statements, including balance sheet, income statement, direct and indirect cash flow statements, using trend, cash flow, ratio, leverage, and projection analysis; includes stress testing cash flow using various criteria such as changes in interest rate and vacancy.
• Review documentation to determine viability and adequacy of collateral, evaluating methods such as conforming appraisal reports, environmental studies, title reports, UCC searches, leases, and industry and market data.
• Review and analyze other legal documents such as wills, trusts, corporation articles and by‑laws, partnership agreements, and other information as necessary to fully underwrite the loan.
• Assemble and organize pertinent information to assist Loan Officers in completing Credit Presentation for submission to Commercial Credit Administration and/or Commercial Loan Committee. The presentation should contain all information necessary for Approving Officers to make an informed recommendation, including Borrowing Cause, Borrower structure and background, all repayment sources, financial statement analysis, collateral analysis, identification of all repayment sources, analysis of risks to repayment, mitigating factors, recommendation for loan structure, pricing, repayment terms, loan risk grade, and covenant / annual review requirements.
• Possess thorough knowledge and understanding of Loan Policy and related procedures and appropriate regulatory guidance.
• Assist Loan Officers in performing Annual Reviews of existing loans in accordance with established policies and procedures.
• Regular and predictable attendance is an essential function of this job.

• Level III: 5 years of related experience (including preparatory experience).
• Bachelor's degree from an accredited institution in business, accounting, finance, economics, or related certification.

First Community Bank of Utah will conduct a credit and background screening as part of the pre‑hire process.

(Full‑Time) Monday – Friday 8:00 am – 5:00 pm

• Strong interpersonal skills, obtaining cooperation and agreement on important outcomes via complex, senior‑level dialogue, as well as a professional level of communication.
• Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team.
• Ability to make sound decisions, build relationships, and work with a variety of clients, employees, and management.
• Capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside the organization, demonstrating highest levels of customer service and discretion when dealing with the public. Must exercise the highest level of discretion on both internal and external confidential matters.
• Ability to maintain a…