Credit Analyst II

First Interstate BancSystem•Boise, ID

6d•Onsite

About The Position

The Credit Analyst II evaluates and underwrites commercial credits, including Commercial Real Estate (CRE), Commercial and Industrial (C&I), hospitality, municipal, 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. It 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 analyst prepares financial spreads and comprehensive written analyses, assesses borrower and guarantor creditworthiness, evaluates collateral and risk, and recommends appropriate risk ratings. The position supports quarterly monitoring of classified and criticized commercial relationships, performs financial covenant testing, and participates in monthly quality-control reviews that include feedback and mentoring. The role may be located at the Boise, Idaho W. Myrtle Street branch or the Coeur d'Alene, Idaho Riverstone Drive branch.

Requirements

High school diploma or GED.
Four to six years of banking experience, or an equivalent combination of education and experience.
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, prioritize tasks, meet strict deadlines, and adapt 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 work collaboratively toward individual objectives and team results, adapting to changing volumes, requirements, and areas of focus.
Proficiency with Microsoft Office, including Word, Excel, Outlook, and PowerPoint, and ability to learn other programs quickly.
Experience with financial spread software.

Nice To Haves

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

Responsibilities

Review and interpret financial documents, 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, nonprofits, and individuals acting as direct obligation borrowers or guarantors.
Assess the creditworthiness of commercial applicants and guarantors by reviewing applications, spreading historical and projected financial statements, calculating cash flows and financial ratios, evaluating collateral, researching borrowers and industries, and identifying risks.
Analyze findings and prepare comprehensive reports using data analysis and written narrative.
Evaluate credit quality and recommend appropriate risk ratings based on recent financial information.
Independently underwrite commercial credit requests ranging from streamlined to complex, with limited guidance from the immediate manager.
Ensure compliance with applicable regulations and stay current on federal regulations and FIB credit policy requirements.
Assist Relationship Managers with quarterly monitoring reports for classified and criticized commercial relationships.
Complete financial performance metric covenant testing using prepared financial spreads.
Participate in monthly quality-control reviews of forms, spreads, and analyses, including providing feedback and mentoring.