Credit Analyst III - Roscoe, IL

Stillman Bank • Roscoe, IL

6d • Hybrid

About The Position

The Credit Analyst III is a senior individual contributor who independently underwrites complex commercial credit relationships with minimal supervision. The role evaluates repayment capacity, develops credit structures and recommendations, and monitors material credit risks across commercial real estate, operating businesses, and agricultural credits. It also serves as a technical resource, reviews analytical work, and mentors Credit Analysts I and II. Significant policy exceptions and unresolved credit concerns are escalated to the Credit Manager. Loan approval authority requires a separate written delegation.

This salaried, exempt position may be performed in a hybrid or in-office arrangement from the Oregon, Roscoe, Stillman Valley, or Rochelle, Illinois offices. The work is primarily in a typical office environment, with extended computer use, review of electronic and paper records, and communication with colleagues and customers. Occasional movement within the office and handling routine office materials are required. Essential functions may be performed with or without reasonable accommodation.

The expected hiring salary range is $70,000–$95,000 annually, depending on experience. Stillman Bank offers medical, dental, vision, life and accidental death and dismemberment insurance, long- and short-term disability, a 401(k)/Roth retirement plan with discretionary company-paid match and profit sharing, and paid time off benefits including vacation, flex (personal) time, a paid birthday day off, paid volunteer time, and holiday pay. Waiting periods may apply.

Requirements

• Bachelor’s degree in accounting, finance, economics, business, or a related field, or an equivalent combination of relevant education, training, and experience.
• At least five years of commercial credit analysis or underwriting experience, including demonstrated success independently evaluating complex relationships and developing sound credit recommendations.
• Thorough knowledge of accounting principles, financial statements, tax returns, related-entity structures, global cash flow, guarantor analysis, and commercial loan documentation concepts.
• Advanced analytical skills in financial modeling, projections, stress testing, collateral evaluation, risk ratings, and loan structuring.
• Ability to identify unsupported assumptions and assess the combined effect of financial and structural risks.
• Strong writing, presentation, and interpersonal skills, including the ability to defend credit conclusions, discuss sensitive issues constructively, and explain recommendations to customers, lenders, management, and committees.
• Proficiency in Microsoft Excel, Word, Outlook, and credit analysis software.
• Demonstrated ability to mentor analysts, review work for quality and consistency, and coordinate complex assignments with minimal supervision while meeting deadlines.
• Sound judgment, professional integrity, and respect for confidential information.
• Thorough knowledge of credit policies and applicable lending requirements, with the ability to recognize and escalate matters beyond assigned authority.

Nice To Haves

• Experience with Abrigo or comparable financial spreading and loan origination systems.

Responsibilities

• Lead assigned complex underwriting requests, renewals, modifications, and annual reviews from information gathering through presentation.
• Coordinate with lenders, customers, and advisors to resolve material questions and meet agreed deadlines.
• Analyze complex financial statements, tax returns, and ownership structures; reconcile related-entity transactions, distributions, nonrecurring items, and contingent liabilities; validate financial spreads and document significant adjustments and reporting limitations.
• Evaluate primary and secondary repayment sources, including business, personal, and global cash flow; assess guarantor liquidity and capacity; and develop projections and downside scenarios.
• Assess collateral quality, marketability, and coverage, including borrowing bases, receivables, inventory, equipment, appraisals, and environmental reports.
• Evaluate valuation and due diligence findings, identify material limitations, and coordinate technical questions with qualified reviewers.
• Integrate management quality, industry conditions, market trends, concentrations, and structural risks into credit conclusions.
• Serve as a resource for assigned industries or credit types and communicate emerging risks to credit leadership.
• Develop and present well-supported credit recommendations to designated approvers and committees.
• Work with lenders to recommend terms, repayment schedules, covenants, collateral, guaranties, and monitoring requirements; explain exceptions, alternatives, and residual risks.
• Recommend and substantiate risk ratings, including rating changes and criticized credit designations.
• Resolve analytical differences through documented discussion and promptly escalate material concerns to the Credit Manager.
• Monitor assigned complex and higher-risk relationships through financial reviews, covenant testing, and exception analysis; recommend corrective action or enhanced monitoring and support problem loan and restructuring analysis under management direction.
• Perform assigned quality reviews of analysts’ spreads, cash flow models, risk ratings, and credit presentations; provide actionable feedback, follow up on corrections, coach Credit Analysts I and II, and develop training materials.
• Prepare portfolio analyses, stress testing, and management summaries as assigned.
• Support independent loan review, audits, and examinations through accurate records, explanations, and follow-up on findings related to assigned work.
• Lead assigned process or system improvements and recommend updates to underwriting procedures.
• Apply Bank policies and compliance requirements, protect confidential information, maintain objective credit judgment, and perform other credit administration duties as assigned.
• Take minutes for the Loan Administration Committee and Senior Loan Committee on a rotating basis with other Credit Analysts.
• Prepare monthly reports for the Loan Risk Management Committee and Directors Loan Committee.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life and accidental death and dismemberment insurance
• Long-term disability insurance
• Short-term disability insurance
• 401(k)/Roth retirement plan with discretionary company-paid match and profit sharing
• Vacation time
• Flex (personal) time
• Paid birthday day off
• Paid volunteer time
• Holiday pay

What This Job Offers

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