Credit Analyst l
Location: El Monte
Posted on: June 23, 2025
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Job Description:
Perform the analysis of financial statements and tax returns
using nCino for Account Officers to use in their recommendations
for new and renewal extensions of credit. Calculate various
financial ratios to assist in the ongoing monitoring of borrower
compliance to financial covenants per loan agreements and the
submission of financial documents. ESSENTIAL FUNCTIONS • Manages
ticklers and covenants and monitors receipt of financial documents
pertaining to the existing credits using nCino. This may include
financial statements for borrowers, owners and/or guarantors, tax
returns, financial spreads, collateral information, covenants,
borrowing base, credit reports, and projections. • Prepares and
analyzes financial spreads using nCino for private and public
companies, prospect, individual and corporate tax returns according
to the standard classification and guidelines established by the
Bank. • Prepares individual and global cash flows for Credit
Analysis Officers. • Calculates covenant compliance based on
Borrower’s Loan Agreement (BLA). • Forwards completed nCino spreads
to lending unit. Identifies and notifies lending unit of covenant
violations and escalates as required. • Maintains up-to-date
knowledge on all Bank lending policies and regulations. • Maintains
up-to-date knowledge in financial spreads and basic GCF process. •
Completes quality spreads with supervision. QUALIFICATIONS •
Education: College degree in Finance, Accounting, Business, or
related field preferred, or 2 years related experience in credit or
financial analysis. Intermediate accounting is required or must be
completed within 18 months of hire. • Experience: Minimum one year
(prefers two) of working experience in analyzing financial
statements, cash flow analysis, familiarity with various
industries, collateral issues and values, and analysis of guarantor
personal financial statements and tax returns. • Skills/Ability:
Good working knowledge of accounting, credit policy and financial
statement analysis. Good organizational and analytical skills. Good
verbal and written communication skills. Ability to work
successfully both independently and as a team player. Proficient in
Microsoft Office (Word, Excel, PowerPoint, and Outlook).
Keywords: , Paramount , Credit Analyst l, Accounting, Auditing , El Monte, California
