Credit Analyst II

Busey Bank • Carmel, KS

24d

About The Position

The Credit Analyst II provides accurate, timely, and succinct credit analysis to support the company’s portfolio management and new business development efforts. This role involves financial statement analysis, risk assessment, and collaboration with lending staff to prepare credit approval requests.

Requirements

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

Nice To Haves

• Knowledge of nCino.

Responsibilities

• Perform 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