Credit Analyst - Emerging Banker

First Bank & Trust • Roseville, MN

7d

About The Position

This role is ideal for individuals with a strong interest in building a career in banking, specifically as a commercial or agri-business banker. Successful candidates will demonstrate a genuine passion for learning the fundamentals of credit analysis, financial assessment, risk management, and loan underwriting. As part of an immersive, structured training program, participants will be given hands-on experience to develop the skills necessary to succeed. Primary responsibilities include reviewing loans to ensure compliance with the bank’s Loan Policy and Guidelines.

Requirements

• This person should have a bachelor’s degree or the equivalent.
• With oversight, this person should be able to analyze routine credits using sound credit judgment.
• Communication skills, a proficiency towards detail, and the ability to comprehend and apply Loan Policy and Guidelines is required.
• An aptitude towards business development and building relationships both internally and externally is necessary.

Responsibilities

• Learn the Credit Analyst role and build in-depth knowledge of the lending process.
• Meet, learn from, and build positive relationships with the credit department, bankers, the Market President, and other senior leaders across the organization.
• Analyze and risk rate credit lines and critique the credit classifications assigned by the Loan Officers. The analysis must be consistent with the findings of the appropriate regulatory agencies.
• Spread, analyze and review financial statements for current and prospective borrowers in a variety of industries using tax returns, financial statements, credit reports and other reporting as needed or requested.
• Summarize and analyze findings in the bank’s written credit presentation.
• Prepare annual reviews on borrowing relationships in accordance with loan policy.
• Monitor covenant compliance with loan agreements.
• Present loan files or credit lines not meeting the standards of Loan Policy and Guidelines to the Credit Analyst Manager with a detailed explanation of the credit exceptions and the recommended action necessary to correct the deficiencies and improve the bank's position.
• In the event of minor technical documentation discrepancies or identified potential credit weakness, communicate directly with the Loan Officer and Credit Analyst Manager, requesting correction of the discrepancies and recommending alternatives for improving the credit lines. Perform follow-up action as necessary until corrected.
• As required, perform services and projects for the department and the bank.
• Attend Credit Department and other committee meetings as requested by management.
• Act in accordance with FBT policies and procedures as set forth in the employee handbook.
• Adhere to compliance procedures and participate in required compliance training.

Benefits

• Comprehensive Healthcare Benefits Peace of mind when it comes to you and your family's well-being with generous health, dental, vision, and life insurance. Plus, optional access to additional life, disability, and other forms of insurance.
• 401(k) & ESOP Profit Sharing Employees are owners. Receive a match of up to 7% of your contributions to your retirement account.
• Wellness Program The Healthy Way Program incentivizes gym membership and hosts educational programs and challenges throughout the year.
• Education Student loan repayment assistance program. Tuition reimbursement. A robust internal training program that goes beyond onboarding. We want you to continue learning. That's why we offer job shadowing, a mentorship program, and more.
• Volunteer Service Hours Paid time to volunteer. Employees get 16 hours to take part in and donate their time to local charities.
• In-house Childcare & Preschool Kid's World childcare and preschool in Brookings is available for the children and grandchildren of employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees