Credit Analyst I

Midwest BankCentre•St. Louis, MO

About The Position

The Credit Analyst provides analytical support for commercial banking, including an independent analysis of creditworthiness of customers and prospects. The position analyzes current credit data, financial statements, and necessary due diligence data of individuals or companies to determine the degree of risk involved in extending credit or lending money.

Requirements

Bachelor's Degree in finance, accounting or other business-related field required or equivalent experience.
Basic knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Use of logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Knowledge of generally accepted accounting principles and ability to read a financial statement.
Must possess strong written and verbal communication and presentation skills.
Interact effectively with others to establish and maintain smooth working relations.
Ability to prioritize and multi-task in a fast-paced environment.
Strong organizational skills, detail-oriented, efficient, and ability to maintain a high degree of accuracy.
Ability to work as a member of a team to produce needed outcomes and meet deadlines.
Proficient in Microsoft Outlook and Microsoft Suite including Word and Excel.

Nice To Haves

commercial credit experience

Responsibilities

Analyze and accurately spread business financial statements and produce cash flow analysis utilized in support of new and existing commercial loans, renewal requests, and amendments.
Analyze and identify pertinent historic trends in the customer’s business, and evaluate strengths and weaknesses in a Borrower’s repayment capacity.
Assist in the preparation of credit approval forms, annual and quarterly reviews, and accurate and timely risk ratings.
Assist in the ongoing management and monitoring of commercial loan portfolio.
Ensure certain financial statements and compliance certificates are up to date.
Maintain in-depth knowledge of the soundness of borrowers and collateral through financial research including evaluating financial statements and analyzing third party data.