Corporate Commercial Credit Analyst II

Hometown Community Bank•Springfield, IL

1d•$36 - $43•Onsite

About The Position

Clock Tower Community Bank, a division of Morton Community Bank, is seeking a Corporate Commercial Credit Analyst II. Established in 1960, Morton Community Bank has grown significantly and values its employees, offering them an ownership stake through an ESOP. This role involves assessing credit risk for individuals and businesses, analyzing repayment capacity, preparing financial summaries, and assisting management and lenders in evaluating commercial loan requests. The position also includes training junior analysts and potentially attending loan committee meetings.

Requirements

Bachelor’s degree, preferably in Finance, Accounting, Economics, or a related financial field OR commensurate years of experience within the banking industry with strong aptitude for financial credit analysis
Excellent written and verbal communication skills
BSA and other Bank related training through BAI is required annually
Minimum of three (3) years’ experience in credit analysis within banking industry or related field
Knowledge of customer service principles
Relevant computer skills

Responsibilities

Evaluate the financial information and credit data to determine the risk associated with lending money to the industry and principles
Determine if the loan structure is compliant with bank and/or regulatory policy and if it is appropriate for the loan request
Prepare financial statement spreads using the Bank’s preferred financial statement analysis software
Prepare in-house spreadsheets designed to quantify borrower's personal, global, and real estate debt service abilities
Compare credit histories, liquidity, and profitability of companies being evaluated with similar companies in the same industries and locations
Prepare narrative analysis of findings and recommendations for lenders
Communicate with Lenders about the loan requests and any questions that must be answered prior to submission.
Assist with financial covenant compliance, borrowing base compliance, and floor plan agreements monitoring as requested
Train and mentor Credit Analysts I
May assist, coordinate, and attend loan committee
Complete required BSA/AML training and other compliance training as assigned
Ability to work in a constant state of alertness and in a safe manner
Perform any other related duties as required or assigned