Credit Analyst I

First Merchants Brand • Royal Oak, MI

4d • Onsite

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. A bachelor's degree is required for this position. We are excited to consider current students who will graduate in December 2026, as well as candidates who have already earned their degree.

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