Working Capital Finance Analyst
SouthState Bank · Alabama, United States · $50K–$80K/yr
Banking · 5,001-10,000 employees
About the role
The analyst is responsible for evaluating financial information to identify portfolio risks and providing recommendations to management regarding credit performance. They also manage loan system data, prepare monthly reports on commitments, and assist in the underwriting of working capital facilities.
What they look for
Requirements
Candidates should possess a four-year degree in Business, Accounting, or Finance and have two to four years of experience in credit analysis. Proficiency in accounting principles and commercial lending practices is required, along with strong analytical and Microsoft Excel skills.
Full description
The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions.
We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!
SUMMARY/OBJECTIVES
It is the responsibility of the WCF Analyst to analyze the financial information provided to identify risks within the portfolio and to make recommendations to the WCF Manager, Credit Administrator, and Banker as to performance against established requirements. The analyst provides written analysis summarizing findings as well as updating other reporting tools related to the portfolio.
ESSENTIAL FUNCTIONS
- Provide monthly reports to management on Working Capital Finance commitments.
- Reporting includes commitment amount, usage, borrowing base leverage, inventory reliance and covenant compliance.
- Works with Bankers and Portfolio Managers to ensure timely receipt of the required financial information.
- Analyze Borrower’s financial reports in order to make calculations of a Borrower’s credit availability.
- Update lending limits on the loan system.
- Assists Bankers and Portfolio Managers in the underwriting of WCF facilities, making recommendations on how to properly structure loan facilities to mitigate risk.
- Order and review collateral field exams.
- Provide exception reports to Bankers, Managers and other Loan Administration personnel, detailing borrowers that have exceeded established limits on availability.
- Reports on various aspects of the assigned portfolio such as delinquencies.
- Manages loan system data to ensure accurate reporting of all WCF commitments.
- Identify any credit deterioration and assist in developing necessary action plans to improve or exit the credit.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
COMPETENCIES
- Interpersonal skills
- Analytical skills
- Computer skills, specifically utilizing Microsoft Excel
- Organizational skills
- Project Management skills
Qualifications, Education, and Certification Requirements
- Education: Preferred, Four-year degree in Business Administration, Accounting, Finance or other related field
- Experience: Two – Four years credit analysis or related experience.
- Certifications/Specific Knowledge: Familiarity with accounting principles and an understanding of commercial lending practices.
TRAINING REQUIREMENTS/CLASSES
Required compliance courses.
PHYSICAL DEMANDS
Must be able to stand and/or sit for long periods of time. Must be able to effectively access and interpret information on computer screens, documents, and reports.
Salary Ranges:
$49,863.00 - $79,653.00
Equal Opportunity Employer, including disabled/veterans.
