Credit Analyst II

First Interstate BancSystem•Spokane, WA

7d•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 with Commercial Relationship Managers to support new and existing loan relationships, emphasizing credit quality, risk mitigation, and portfolio performance. The analyst independently underwrites commercial requests ranging from streamlined to complex, with limited guidance from the immediate manager. The role also supports relationship monitoring, covenant testing, regulatory compliance, and quality control through reviews and feedback.

Requirements

High school diploma or GED.
4–6 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 with Relationship Managers, Credit Officers, and Risk Management personnel.
Ability to work in a fast-paced environment, set priorities, 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 prioritize and work collaboratively 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, and ability to acclimate quickly to other programs.
Experience with financial spread software.

Nice To Haves

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

Responsibilities

Review financial 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 borrowers or guarantors.
Assess commercial applicants’ and guarantors’ creditworthiness 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 prepare comprehensive reports using data analysis and written narratives.
Evaluate credit quality and recommend appropriate risk ratings based on recent financial information.
Underwrite commercial credit requests, from streamlined to complex, with limited guidance from the immediate manager.
Maintain 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 a monthly quality control program reviewing general forms, spreads, and analyses, and provide feedback and mentoring.