Commercial Credit Analyst - Full Time

1ST MIDAMERICA CREDIT•Bethalto, IL

1d•$29 - $44•Hybrid

About The Position

1st MidAmerica is a trusted financial institution dedicated to providing exceptional service to our members. We pride ourselves on our commitment to the communities we serve and our focus on delivering an array of financial products for each step in their financial journey. We are currently seeking motivated and member-oriented individuals to join our team as a Commercial Credit Analyst. We are seeking a Commercial Credit Analyst to complete analytical tasks associated with underwriting and monitoring the organization’s Commercial Loan Portfolio.

Requirements

High school diploma or equivalent.
Three to five years of similar or related experience.
Bachelor’s degree or achievement of formal certifications recognized in the industry equivalent to a bachelor’s degree.
Exceptional customer service skills required.
Strong communication skills and attention to detail.

Responsibilities

Spreads and analyzes business and personal financial statements and tax returns, accounts receivable and payable aging, inventory reports, and third-party appraisal reports.
Determines cash flow using appropriate software and cash flow models.
Analyzes financial conditions, industries, and trends.
Conducts credit investigations and analyzes credit information pertaining to loans.
Investigates all available sources of credit and financial information, including reporting services, credit bureaus, other companies, main office files, and branches.
Completes annual loan reviews, risk grades, and problem loan reports.
Collects financial information and performs covenant monitoring and testing.
Ensures that all credit files include proper documentation including current financial statements and agency reports.
Reviews and reports non-compliance with loan covenants.
Conducts industry research and assists with special projects as assigned.