Credit Analyst II

Busey Bank • Champaign, IL

16h

About The Position

The Credit Analyst provides accurate, timely, and succinct credit analysis to support the company’s portfolio management and new business development efforts. This role focused on Commercial Real Estate loans.

Requirements

• Strong oral and written communication skills.
• Proficiency in Microsoft Office Suite.
• Knowledge of financial accounting.
• Ability to prioritize workflow, multi-task and work independently.
• Analyze and solve problems.
• Take independent action within established guidelines.
• Perform duties under frequent time pressures with a high degree of accuracy and attention to detail.
• Requires Bachelor’s degree with a concentration in Business or Finance.
• Requires 2 - 3 or more years of Commercial Credit experience.
• Requires knowledge of Microsoft Office.

Responsibilities

• Financial statement spreading and analysis, including calculation of Debt Service Coverage or Fixed Charge Coverage Ratios per Busey guidelines.
• Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals.
• Perform file reviews of assigned requests to ensure complete information, communicating with loan team to discuss missing information, applicable questions and any loan structure suggestions or concerns.
• Work with Commercial Relationship Managers or other Lending staff to prepare clear and concise Commercial Credit Approval Request (CCAR) memos that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of the Borrower.
• Evaluate collateral, industry data and other relevant credit information.
• Assist with Portfolio Management duties to include testing financial covenants, monitoring monthly borrowing base reports, preparing portfolio reviews and sensitive asset reports, as assigned.
• Assist Commercial Relationship Managers with the preparation of opportunity memos for new and existing relationships.
• Develop a working knowledge of the Commercial Banking Loan Policy and systems, including nCino.
• Assist with other duties or special projects as assigned.

Benefits

• 401(k) match
• profit sharing
• employee stock purchase plan
• paid time off
• medical
• dental
• vision
• company-paid life insurance
• long-term disability
• supplemental voluntary life insurance
• short-term disability
• wellness incentives
• employee assistance program
• pre-tax health savings accounts
• flexible spending accounts

What This Job Offers

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