Credit Analyst Trainee

Work Location:
800 Philadelphia Street

Indiana, Pa 15701

Work Hours:

Monday - Friday

8:00am - 5:00pm

(Additional hours as needed to fulfill the needs of the department)

Function: S&T Bank’s Credit and Commercial Development Program is a two-year program designed to develop skills necessary for a career within Credit Analysis, Commercial Lending, or another related department in the Bank. Upon successful completion, the selected incumbent would be placed in a department in a credit administration related role, at the needs of the Bank.

Duties and Responsibilities:

This position will include a concentration within the Credit Analysis department with rotations in related departments including, but not limited to, Commercial Lending, Secured Credit, Loan Documentation, Construction Credit Analysis & Monitoring, Private Banking, Portfolio Management, Business Banking, and Special Assets. Credit Analysis and Commercial Lending opportunities will include Commercial Real Estate, C&I, Asset Based Lending, Secured Credit, Floorplans, and other loan types. Performance measurement and progression through the program to be based on proficient demonstration of core analysis skills.

Under the direct supervision of a Manager and/or Mentor, the Trainee will assist in providing an independent analysis of credit quality and review a borrower’s financial condition and ability to repay. The Trainee will support Credit and Lending staff through completion of particular analysis requested for borrowers of various industries and levels of complexity; review credit facility requests to determine compliance with basic structural, corporate policy and procedure, and governmental regulation requirements; assist in the preparation of accurate credit approval documents in accordance with department procedures; assist in identifying material strengths and weaknesses of a transaction; assist in the preparation of cash flow calculations, risk ratings, and other tasks as assigned; and conduct annual credit reviews when applicable.

• Becomes familiar with the function of the Commercial Credit Department and Commercial Lending Department through various trainings, mentoring, and shadowing sessions.

• Works with a manager or mentor in both a non-production and production-based capacity, the trainee will work to demonstrate proficiency in the various stages of credit analysis as skills and competencies are learned.

• Responsible for the efficient and accurate spreading of both corporate and individual financial statements and the preparation of cash flow analysis in accordance with bank procedures.

• Assists in the analysis of investment real estate through utilization of rent rolls, appraisals, market comparisons, financial statements, and other market data as available.

• Assists in the analysis of operating companies through operating assets, financial statements, and other data as available.

• Provides support during an underwriting assignment by preparing other types of analysis as warranted including, but not limited to, combined cash flows, pro forma and projected financial statements with subsequent cash flow analysis, financial covenant calculations, collateral evaluations, dealership summaries, loan and deposit relationship summary reports, and credit inquires. Aid in the preparation of various underwriting documents utilized to approve maturity extensions and new money requests of moderate exposure and average to moderate complexity.

• Participates in internal and external training workshops and other learning opportunities, as scheduled.

• As a participant in the Credit and Commercial Development Program, successfully competes all outlined and required components of the program.

  • Participates in weekly management coaching.

  • Collaborates with peers and managers in project work and discussions regarding current and future credit processes.

• Assess internal bank vendors to identify potential operational risks.

• Maintains a good working relationship with all bank employees. Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player.

• Assumes additional duties as requested, including special projects.

Physical Demands:

Operates a keypad device 70% of the day.  Operates office equipment 10% of the day.  Routinely lifts 5 lb., 5 times per day, maximum lift is 40 lbs., one time a day.  Must be able to occasionally lift and/or move up to 20 lbs.  Requires the use of manual dexterity skills for typing up to 90% of the business day.  Specific vision requirements include close vision of 18”-20”, distance vision and depth perception for computer work. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education:

Requires a four-year degree or better in Accounting/Finance/Economics (or related business field) at the time of the start of the program.

Experience:

Requires up to one year of general business experience.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Salary Range:

$16.23 - $31.73