Commercial Credit Analyst I

SIMON•Springfield, MO

18h

About The Position

Simmons Bank, a subsidiary of Simmons First National Corporation (NASDAQ: SFNC), is a publicly traded bank holding company headquartered in Arkansas. Founded in 1903 as a community bank, Simmons Bank has grown to $28 billion in assets with over 3,000 associates across Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. The company is committed to fostering a passionate and customer-focused environment, emphasizing collaboration, integrity, high performance, and personal and professional growth. The Credit Analyst I provides cursory analytical support for commercial banking, including spreading and preliminary analysis of existing customers and prospects. Simmons First National Corporation and its subsidiaries are dedicated to equal employment opportunity, prohibiting discrimination based on race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, veteran status, disability, or any other legally protected classifications.

Requirements

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations.
Ability to write reports, business correspondence, and procedures manuals.
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to solve practical problems and deals with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
BS/BA Degree in Business, Finance or a related field is required.
Proficiency in MS Office programs, specifically Microsoft Word and Excel.
Ability to manage multiple projects.
Strong analytical and organizational skills.
Excellent written and verbal communication skills.

Nice To Haves

1-3 years’ work experience preferred.

Responsibilities

Provides support of loan officers and managers through financial statement spreading and analysis of new loan requests and existing credit relationships.
Verify that all documents have been provided prior to a loan request being assigned to a Sr. Credit Analyst.
Complete covenant testing as required by loan agreements for existing credit relationships.
Prepares cash flow models for the basis of credit decisions.
Prepares basic and preliminary credit analyses to aid in determining the viability of a potential credit opportunity, with supervision of Credit Manager or Credit Analyst III.
Provides additional loan agreement / covenant monitoring support to commercial lending and underwriting groups.
Provides on-going portfolio management through spreading of on-going required financial statements as they are received from the Bank’s customers.
Develops a base understanding of various types of lending facilities as well as a variety of companies and industries.
Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
Performs other duties and responsibilities as assigned.