Credit Analyst I - Commercial & Industrial

First Merchants Corporation•Indianapolis, IN

29d

About The Position

First Merchants Bank is seeking a Credit Analyst I to join our team! This position will perform credit analysis, underwriting and monitoring of the commercial loan portfolio. As part of this role you will: 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 functions for designated portfolio including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring and annual credit reviews. Assign call codes, NAICS codes, risk grade and risk rating score data accurately. Review appraisals and real estate evaluations. Use of financial spreading software, loan system, cash flow analysis and other credit systems and tools Attend and participate in loan committees as requested. First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy. Our Vision is: To enhance the financial wellness of the diverse communities we serve. Our Mission is: To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders. Our Team: "We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging." Apply today to begin your career with us!

Requirements

Bachelor's degree.

Nice To Haves

Bachelor's degree (or completion within 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 functions for designated portfolio including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring and annual credit reviews.
Assign call codes, NAICS codes, risk grade and risk rating score data accurately.
Review appraisals and real estate evaluations.
Use of financial spreading software, loan system, cash flow analysis and other credit systems and tools
Attend and participate in loan committees as requested.