Credit Analyst Credit Analyst …

Pacific Mercantile Bank
in Costa Mesa, CA, United States
Permanent, Full time
Be the first to apply
Pacific Mercantile Bank
in Costa Mesa, CA, United States
Permanent, Full time
Be the first to apply
Credit Analyst
ABL Senior Credit Analyst

Who we are:
Pacific Mercantile Bank is unique from other business banks. While other banks are in the loan and deposit business, we are in the solutions business. We finance growth opportunities by providing innovative and customized banking solutions with a full range of loans, deposit and cash management products and services for our clients long-term success. Our experience team is dedicated to our mission Helping companies succeed.

What you bring to PMB:
You excel in your ability to spread financial statements and credit analysis and demonstrated ability to spread financial statements. You are open to learning and coaching, and you are comfortable providing relevant, positive, and constructive feedback with the intention of helping one another succeed. You consider yourself a problem solver because youre always on the watch for processes that need improvement and you own it until it is resolved. You believe in making a difference every day to support your team and the organizations goals and mission.

Heres what youll do:
The ABL Senior Credit Analyst Associate provides support for the ABL Department and reports to the Head of Relationship Banking. The position of ABL Senior Credit Analyst Associate is responsible for gathering and analyzing credit information on current and potential borrowers, including more complex, ABL borrowers; determines the advisability of granting credit for diversified types of ABL loans; assists ABL loan officers in writing ABL loan requests; promotes business for the Bank by maintaining good customer relations and identifying opportunities to provide additional services.

Essential Job Duties
Assists ABL Portfolio Managers in performing pre-qualification assessment and analysis of financial condition and risk of financing requests within the framework of the Banks credit culture and current economic and industry trends.
Assists in gathering data from customers, internal and outside sources; prepares spreadsheets and analyzes financial information including financial statements and tax returns; contacts customers for additional information and clarification of data.
Compiles data from credit bureaus, conducts industry peer comparisons, and performs cash flow analyses and other such activities.
Writes financial reviews and reports; makes recommendation on loan structures and terms to ABL Portfolio Managers.
Assists in coordinating processing of approved loans; ensures loans are processed according to agreement, customer needs and conform to Bank lending policies; obtains sufficient information and/or documentation from customers; solves problems relative to processing and servicing of loans.
Informs when up-to-date financial statements are needed for commercial accounts; ensures credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
Assist in the review and renewal of credit facilities; provides back-up support.
Checks pledged assets as requested.
Assists in verification of funds with mortgage companies and contractors.
Develops knowledge of financial industry, economy, market conditions, rates, vendors and competition.
Reinforces superior customer service through his or her own example along with appropriate follow through with clients and employees.
Assists with due diligence.
Perform other tasks and duties as assigned.

What you need for this position:
Job Qualifications
Bachelors degree preferred.
Six (6) years experience in business banking with at least two (2) years of credit analysis experience or other equivalent experience in banking.
Minimum 5 years experience with asset based lending.
Work related experience should consist of a financial analyzing or lending background.
Advanced experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.

Whats in it for you:
Competitive salary.
Comprehensive benefits package includes medical HMO or PPO, dental, and vision.
Life/AD&D & Long Term Disability Benefits.
Flexible spending accounts (FSA) Dependent Care and/or Medical Reimbursement.
Employee Assistance Program (EAP).
Tuition Reimbursement.
Matching 401(K).
Vacation and sick benefits
Personal Days (PTO) personal holidays.
Paid Bank Observed Holidays.
Wellness Program.
We even celebrate your hire anniversary date by giving you the day off!

The best part, youll be partnering with a team of empowered professionals who lead by example and who reinforce strong values through collaboration, trust and the celebration of success.

We are an Equal Opportunity Employer that considers applicants without regard to race, religion, sex, sexual orientation, gender identity, gender expression, transitioning, transgender, national origin, color, disability, or protected veteran status.