One of my favorite quotes is one by John Lennon “Life is what happens to you while you’re busy making other plans”. It has been over 15 years since I graduated from College and started working in banking, but during the early years I never thought of making banking a career. Everything just seemed to work out the way. I guess the reason I have remained a banker is that banking was a pretty stable industry. Unfortunately, the last five years have been anything but stable. There have certainly been a lot of changes in those years. As I write this at the beginning of 2012, there is still a lot of pain out there with many colleagues out of work, and many banks still in shaky ground.
My first job was with a small community bank as a Commercial Lending Assistant. I lasted there a couple of years, and by the end of my tenure I was writing up the analysis for most commercial loans. Looking back at that experience, it was a nice introduction to banking. In small banks, you get to know all aspects and get to interact with the customers.
From a small community bank, I moved to a larger community bank that is actually a subsidiary of a foreign bank as an entry level Credit Analyst. That move provided me with a lot of experience, and introduced me to multi-million dollar deals. By the time that I left five years later, I was considered a Sr. Analyst and leveraged that into a position at a competitor literally across the street. Although I am not personally fond of moving a lot between jobs, staying really wasn’t an option.
My last and current employer in banking is a regional bank with a strong presence in the market. I have been there for over eight years and manage half a dozen analysts. Although the bank is well known in the area, I prefer to keep my activities here separate from my regular work so the name will remain untold.
The purpose of this site is to give business owners, real estate investors, and people interested in the business an idea of what credit analysts do.
I hope this website is a little helpful.