Credit Analyst I

First Merchants Corporation • Indianapolis, IN

9h

About The Position

First Merchants Bank is seeking a Credit Analyst I to join their team. This position will perform credit analysis, underwriting, and monitoring of the commercial loan portfolio. The bank is excited to consider current students who will graduate in May 2027, with an anticipated start date for this role in June of 2027.

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.

Benefits

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

What This Job Offers

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