Credit Analyst II

First Interstate•Spokane, WA

6d•$28 - $44•Onsite

About The Position

The Credit Analyst II evaluates and underwrites commercial credits, including Commercial Real Estate (CRE), Commercial and Industrial (C&I), Hospitality, Municipalities, and other commercial credit types. The role gathers, analyzes, and interprets personal and business financial statements, projections, and internal and external reports to assess creditworthiness, repayment capacity, and compliance with bank policies and federal regulations. The position partners closely with Commercial Relationship Managers to support new and existing loan relationships, with an emphasis on credit quality, risk mitigation, and portfolio performance. The role requires independent underwriting of streamlined to complex commercial requests with limited guidance from the immediate manager. It also supports relationship monitoring, covenant testing, and quality control through reviews of forms, financial spreads, and analyses, including feedback and mentoring.

Requirements

High school diploma or GED required.
Four to six years of banking experience, or an equivalent combination of education and experience, required.
Strong organization and time-management skills.
Excellent written and verbal communication skills.
Ability to develop and maintain internal and external relationships, including with Relationship Managers, Credit Officers, and Risk Management Personnel.
Ability to work in a fast-paced environment, set priorities, meet strict deadlines, and adapt quickly to changing priorities.
Self-motivation and ability to assist with credit risk decisions.
Strong analytical and problem-solving skills and attention to detail.
Ability to prioritize and collaborate to achieve individual objectives and team results, adapting to changing volumes, requirements, and areas of focus.
Proficiency with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
Ability to acclimate quickly to other programs.
Experience with financial spread software.
Ability to meet the physical demands of the job, including frequent keyboard and mouse use and sitting, and occasional lifting of up to 10 pounds; regular and predictable attendance is required.

Nice To Haves

Bachelor's degree in Business, Finance, or a related field preferred.
Commercial banking experience preferred.

Responsibilities

Read, review, and understand financial statements and supporting materials, including tax returns, balance sheets, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, credit bureau reports, rent rolls, lease agreements, and appraisals.
Prepare financial spreads for commercial and real estate businesses, municipalities, non-profits, and individuals acting as direct obligation borrowers or guarantors.
Assess the creditworthiness of commercial applicants and guarantors by reviewing loan applications; spreading historical and projected financial statements; calculating cash flows, leverage, and liquidity ratios; evaluating collateral; researching borrowers and key industries; and identifying risks.
Analyze findings and author comprehensive analysis reports using data analysis such as charts, formulas, and graphs, as well as written narrative.
Evaluate credit quality and recommend appropriate risk ratings based on the most recent financial information.
Underwrite streamlined to complex commercial credit requests independently, with limited guidance from the immediate manager.
Maintain compliance with applicable regulations and stay current with changes to federal regulations and FIB credit policy requirements.
Assist Relationship Managers in preparing reports for quarterly monitoring of classified and criticized commercial relationships.
Complete financial performance metric covenant testing using prepared financial spreads.
Participate in a quality control program involving monthly review of general forms, spreads, and analyses, and provide feedback and mentoring.