Credit Analyst Intern - Premier Bank

Position Title: Credit Analyst Intern

Department: Commercial Credit

Position Reports to: Senior Commercial Credit Analyst or Credit Department Manager

Position Supervises:  No Direct Reports  

Premier Summary:

At Premier Bank, an affiliate of Premier Financial Corp., we’re Powered by People, and know that our success is directly tied to great work by our team members. Our employees are dedicated to our clients, communities and each other. We are committed to promoting inclusiveness, diversity and a sense of belonging throughout our organization. We provide competitive benefits, incentive compensation, paid time off that includes paid community service hours, flexible spending accounts, retirement programs, professional development, tuition assistance and so much more.  If you want to make a difference, choose to share your talents at Premier.

Position Summary: 

Support the company’s mission statement by performing the duty of maintaining a high-level of customer service for both internal and external customers. The Commercial Credit Analyst Intern is responsible for examining company and personal financial data and accurately spread data within financial software. Additionally, the individual would assess relevant and summarize findings to Senior Analyst for use in credit presentations. Relies on limited experience and judgment to plan and accomplish goals to perform a variety of tasks. Able to work under general supervision. A certain degree of creativity and latitude is required. Demonstrate and implement our Trusted Advisor strategy to all internal and external customers.

Duties and Responsibilities:

• Spread financial statements for comparative year review.

• Accountable for analyzing incomes statements, balance sheets, and cashflows to help minimize the risks.

• Analyze the spreads for negative trends or inconsistencies between line items.

• Guarantor/Personal Cash Flow Analysis.

• Evaluate the credit worthiness of businesses and determine their ability to repay loans and lines of credit, including those used to purchase equipment and other goods.

• Analyze personal financial statements.

• Understand and interpret key financial ratios used in credit analysis and report findings to Senior Credit Analyst. 

• Review and analyze covenant compliance of customers to ensure adherence to documented performance requirements. 

• Completed other duties as assigned. 

Education, Certification, License and Experience:

• Pursuing Bachelor’s degree preferably in accounting or finance. 

Skills and Knowledge:

• Excellent written and oral communication skills

• Excellent analytical skills

• Working knowledge of Microsoft Applications including Word, Excel, and PowerPoint. 

• Ability to obtain knowledge of business and personal financial information and be able to spread the data on bank provide software.

• Responsible for knowing and ensuring compliance with applicable laws, regulations and guidelines, as detailed in policies that include but are not limited to Bank Secrecy Act and other applicable anti-money-laundering rules, Right to Financial Privacy, Fair Lending, Community Reinvestment Act, Gramm-Leach-Bliley Act, and other laws and regulations as they pertain to the position.

Work Environment:

This job operates in a professional office environment. Work is normally performed in a typical interior work environment which does not subject the employee to any hazardous or unpleasant elements. 

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to speak or hear, stand or sit for long periods of time, open filing cabinets, walk, stoop or bend, use hands to handle or feel and reach with hands and arms.   The employee must frequently lift and/or move up to 10 pounds, occasionally lift and/or move up to 25 pounds and complete tasks requiring manual dexterity. Ability to drive a vehicle for travel is required for the position.

Premier Financial Corp is an Affirmative Action and Equal Opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or any other legally protected status.

The above statements are intended to describe the essential functions of the job and the qualifications of the person assigned to it. They are not intended as an exhaustive list of all job duties, responsibilities and requirements. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description does not constitute a contract of employment. Employment is “at will” and may be terminated at any time.