Analyst - Asset Management

Company: Ciera Bank
Location: Fort Worth
Posted on: March 19, 2023

Job Description:

EOE STATEMENT
Ciera Bank is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Description

Ciera Bank has been serving Texas Communities since 1890 and we now have 8 locations. We're looking for a full time Analyst - Asset Management position at our Fort Worth location. This is an in-office position. The Analyst - Asset Management is primarily responsible for providing analysis in the servicing of commercial relationships including analysis necessary in the closing process and over the life of the loan.

We do offer a competitive hourly rate (based on experience) with a multitude of benefits and a generous PTO schedule. We'll provide training and support to help you succeed in your role and provide you with opportunities to advance your career. At Ciera Bank, we consider our employees to be one of our most valuable resources.

COMPETITIVE BENEFITS:

• 
  
• Medical/Dental/Vision Insurance
  
• Flexible Spending Account
  
• 401(k) or ROTH with Company Match
  
• Employer Paid Life/Disability/Dependent Life Insurance
  
• PTO Benefits w/Paid Holidays
  
• Incentive Award/Bonus Program
  
• Monthly Gym Allowance
  
• Tuition Reimbursement Program
  
• Continuing Education/Training & Development Opportunities
  
• Free Checking/Savings Accounts
  
• Annual Company Apparel Allowance
  
  
  ESSENTIAL FUNCTIONS (of Analyst-Asset Management include, but not limited to)
  
  
  • 
    
  • Generate financial ratios and trend analyses using computer programs to evaluate customers' financial status and payback ability.
    
  • Prepare reports including credit analysis and summaries of loan requests, and submit to loan committees in a timely manner for approval.
    
  • Interact with current and prospective customers, appraisers, and other third-parties to facilitate the extension of credit and perform due diligence.
    
  • Engage appraisers for the valuation of commercial real estate securing new and existing loans.
    
  • Prepare Annual Reviews for management review and approval.
    
  • Assists with certain aspects of loan closing, booking, and post-closing servicing.
    
  • Assists in the processing of monthly draws to ensure compliance with budget, including reviewing communications with Bank's construction inspector regarding the draw and the state of development, ordering and reviewing title updates, and initiating transfer of funds to borrower.
    
  • Analyzes and interprets loan pay-offs and releases of collateral.
    
  • Assists in monitoring borrower compliance with loan documents with respect to development activities and operating results by confirming the continued financial viability of the underlying collateral and its ability to service the debt and otherwise comply with the loan agreement covenants.
    
  • Analyzes lease agreements (and related estoppels and SNDAs), sales contracts and other legal documents related to the loan portfolio.
    
  • Reviews and interprets complex financial reports including borrower/guarantor financial condition and compliance with loan and guaranty covenants.
    
  • Addresses other interim loan servicing issues and loan requests with Bank's clients.
    
  • Conducts ad hoc financial analysis as required.
    
  • Regularly exercises discretion and judgment in the performance of the other essential job functions.
    
  • Maintains good punctuality and attendance to work.
    
  • Maintains accurate file organization and retention to increase efficiencies.
    
    
    KNOWLEDGE, SKILLS & ABILITIES (required for Analyst- Asset Management)
    
    
    • 
      
    • Undergraduate degree in Finance, Accounting or Economics.
      
    • Advanced analytical skills.
      
    • In-depth knowledge of accounting principles with ability to prepare and analyze financial statements.
      
    • Knowledge and experience with all types of real estate asset classes, transactions, and documentation.
      
    • Prefer strong knowledge of bank products, services, and bank operations.
      
    • Demonstrates ability to interpret policies/procedures, loan contracts, and understanding of credit reports, financial statements and loan documents.
      
    • Advanced computer skills including Microsoft Word and Excel.
      
    • Ability to demonstrate advanced written, oral, and interpersonal skills with ability to prepare and perform presentations.
      
      
      PHYSICAL DEMANDS (of Analyst-Asset Management)
      
      Work involves standing and walking for brief periods of time, but most duties are performed from a seated position. There is potential for eyestrain from reading detailed printouts and computer screen. Deadlines, workloads during peak periods and pressure may cause increased stress levels. Work may include occasional pushing, pulling, or carrying objects weighing up to 20 pounds such as files, documents, and computer printouts. Work normally requires finger dexterity and eye-hand coordination to operate computer keyboard at an advanced skill level.
      
      
      WORKING RELATIONSHIPS/CONTACTS (of Analyst-Asset Management)
      
      
      • 
        
      • Internal - Any other bank employees, as necessary to fulfill job requirements.
        
      • External - Occasional contact with borrowers, auditors, regulators, etc.
        
      • Supervision of Others - No direct supervision of others.
        
        #li-onsite
        
        
        POSITION Analyst - Asset Management
        
        CATEGORY Credit
        
        LOCATION TX, Fort Worth
        
        FULL-TIME/PART-TIME Full-Time
        
        SHIFT Days
        
        EXEMPT/NON-EXEMPT Non-Exempt
        
        
        ABOUT THE ORGANIZATION
        
        We are a State chartered full-service community bank with eight banking locations in the North Central Texas area. We embrace the entrepreneurial spirit, conservative values and western heritage that make us truly Texan in our hearts and souls.
        
        Ciera Bank endeavors to make www.cierabank.appone.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please email us at accommodations@cierabank.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
        
        
        
        PI207656182

Keywords: Ciera Bank, Fort Worth , Analyst - Asset Management, Executive , Fort Worth, Texas