Credit Analyst I

First Merchants Corporation • Indianapolis, IN

76d

About The Position

First Merchants Bank is seeking a Credit Analyst I to perform credit analysis, underwriting, and monitoring of the commercial loan portfolio. The role involves completing credit analyses and monitoring designated portfolios, using financial and credit systems, and participating in loan committees as requested.

Requirements

• Bachelor’s degree.

Nice To Haves

• Bachelor’s degree (or completion within the current semester) in accounting, finance, or business.

Responsibilities

• Complete accurate, unbiased credit analyses within required timelines and according to standards, including cash flow analysis, credit decision summary preparation, and credit processes.
• Complete credit monitoring for the designated portfolio, including spreading and reviewing financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring, and annual credit reviews.
• Accurately assign call codes, NAICS codes, risk grades, and risk rating score data.
• Review appraisals and real estate evaluations.
• Use financial spreading software, the loan system, cash flow analysis, and other credit systems and tools.
• Attend and participate in loan committees as requested.

Benefits

• Base pay plus bonuses
• Medical, dental, and vision insurance
• 401(k)
• Health savings and flexible spending accounts
• Vacation and sick time
• Paid holidays
• Paid parental leave
• Tuition reimbursement
• Additional benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level