Commercial Credit Analyst

Independent Bank Corporation•Troy, MI

46d

About The Position

Independent Bank seeks a diligent Credit Analyst to join our thriving team. Reporting to the FVP, Senior Commercial Credit Officer, you'll perform comprehensive commercial loan credit analysis: prepare detailed credit analyses and loan proposals, spread financial statements, and conduct credit reviews. Assess cash flow, debt-service capacity, balance sheet strength, and collateral coverage; review loan structures; assign credit risk ratings; join officers on customer calls; and help compile monthly, quarterly, and annual financial reports. You should have strong analytical skills and desire a career path toward Commercial Lending. Help to inspire financial independence today, with tomorrow in mind at Independent Bank!

Requirements

Bachelor's degree in Accounting, Business, Finance or equivalent years of working experience.
2+ years commercial credit analyst experience preferred.
Excellent interpersonal, presentation and communication skills.
Must be conversant with (at least) intermediate level accounting (cash/accrual basis, cost, and contractor), lending experience helpful.

Responsibilities

Spreading financial statements for borrowers, co-borrowers, guarantors, and others as requested
Performing and reviewing credit inquiries
Using independent judgment to analyze financial information in order to determine:
Sufficiency of cash flow
Debt service ability
Collateral adequacy
Borrower risk rating.
Reviewing/recommending loan structures consistent with bank policies and guidelines
Preparing credit analysis and loan proposals that assist in the prudent granting of credit
Performing trend analysis on financial reports of borrowers to evaluate their ongoing credit-worthiness
Accompanying lenders on customer contact calls
Performs other related duties as assigned.

Benefits

Comprehensive total rewards package.
A knowledgeable, goal-driven, and exciting team of colleagues.
Exposure to different areas of banking and the ability to work with leaders within the industry.
Community-focused events and volunteer opportunities.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume