Credit Analyst III - Roscoe, IL

Stillman Bank Corp NA • Roscoe, IL

10h • $70,000 - $95,000 • Hybrid

About The Position

The Credit Analyst III is a senior individual contributor who independently underwrites complex commercial credit relationships with minimal supervision. The analyst evaluates repayment capacity, develops credit structures and recommendations, and monitors material credit risks. Assignments may include commercial real estate, operating businesses, and agricultural credits. The role 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.

The position is hybrid or in-office and may be based at the Oregon, Roscoe, Stillman Valley, or Rochelle, Illinois office. This salaried, exempt position has an expected hiring pay range of $70,000–$95,000 annually, depending on experience.

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 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 combined 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.
• Ability to mentor analysts, review work for quality and consistency, coordinate complex assignments with minimal supervision, and meet 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.
• Ability to perform the essential functions with or without reasonable accommodation.

Nice To Haves

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

Responsibilities

• Lead complex underwriting requests, renewals, modifications, and annual reviews from information gathering through presentation, coordinating with lenders, customers, and advisors to resolve questions and meet 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 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 due diligence findings and coordinate technical questions with qualified reviewers.
• Incorporate 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 credit recommendations to designated approvers and committees; work with lenders on 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; document analytical discussions 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; support problem-loan and restructuring analysis under management direction.
• Conduct assigned quality reviews of analysts’ spreads, cash flow models, risk ratings, and credit presentations; provide feedback, follow up on corrections, mentor Credit Analysts I and II, and develop training materials.
• Prepare portfolio analyses, stress testing, and management summaries; support independent loan review, audits, and examinations with accurate records, explanations, and follow-up.
• Lead assigned process or system improvements and recommend underwriting procedure updates; follow Bank policies and compliance requirements, protect confidential information, maintain objective credit judgment, and perform other assigned credit administration duties.
• 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