In my role as an Accounting Assistant, my day is spent processing incoming and outgoing wires.
This work sounds simple, but processing wires transfers is a meticulous process. Concentration and accuracy are very important. Since I am also looking at wires for fraud, I need to think bigger than the information presented and be willing to ask questions and dig deeper.
My job is interesting because every day offers something different. I personally enjoy the meticulous nature of this type of work. I love sharing the tricks I have learned to help my colleagues and interacting with so many people.
The confidence and respect my manager has for my work makes working at the Bank meaningful. It is also rewarding when a customer or colleague remembers the help I’ve given in the past and reaches out to me with questions.
I would recommend working at the Bank because the departments and offices are small enough so you can get to know everyone and be a part of a small group. This interaction allows for a sense of being part of something bigger, the Bank as a whole.
As a Credit Analyst, I am responsible for reviewing commercial loan applications for new credit and renewals, participation loans, and criticized credits. During the day I analyze financial statements including: tax returns, audited financials, compiled financials, company prepared financials, collateral, covenants, A/P & A/R aging schedules, and credit reports to identify strengths and weaknesses pertaining to a borrower’s financial position. I prepare loan presentations that address the borrower’s trends, cash flow, credit risks, financial ratios, collateral, and industry risks. I also attend regular customer meetings to receive business updates and work closely with lenders to discuss and clarify loan requests, obtain additional information, and interpret loan policy.
Attention to details, strong written and oral communication skills, knowledge of various industries and trends affecting those industries are important skills in becoming a Credit Analyst. Natural curiosity to find out why a company or industry is performing in a certain way is important in being successful, as well as being self-motivated to get quality work done in a timely fashion.
Each borrower and credit is unique, which makes the job interesting. I look forward to analyzing financial data and converting it into a loan presentation that allows Bank management to make an informed decision about the credit request. I enjoy having the opportunity to meet with owners of various companies and learn how their businesses operate.
I find meaning in using my financial analysis skills to create a strong loan presentation, which helps grow the Bank’s commercial loan portfolio. The opportunity for exposure to the executive leadership team and a positive work environment are important to me, as well as maintaining a proper work/home balance.
I would recommend working for the Bank because I feel the management team cares deeply about the success of each employee and helps employees work towards their personal goals. Since the decision tree is smaller, the result is quicker feedback, which allows us to serve our customers in a timely manner.
There are three main qualities a good auditor must have: attention to detail, strong written and verbal communication abilities, and the ability to multi-task. The vast majority of our work involves reviewing data that requires the ability to pay attention to the smallest aspects of details. Once we have performed our reviews and audits, we must be able to communicate findings both verbal and written to the appropriate parties. Additionally, auditing work is being performed for multiple projects at the same time, all of which have various due dates.
What makes the job of an Internal Auditor interesting is the complexity of the work and exposure to all aspects of the Bank. There are a wide array of topics that we must research and be able to review among many different departments within the organization all while dealing with multiple levels of individuals within these departments, from tellers all the way to Senior Vice Presidents.
Internal Audit work is meaningful because of the people you work with on a daily basis and the knowledge that the work you perform helps to keep the Bank operating properly. We look forward to the feeling of accomplishment once an audit report has been submitted to management, and knowing the time and effort put into the product was all worth it.
I would recommend working at the Bank because there is a vision and insight that makes the Bank an exciting place to work and grow.