Credit Analyst Lead

Merchants Bank•Hastings, MN

1d•$89,900 - $112,400•Onsite

About The Position

Merchants Bank is seeking a Credit Analyst Lead. This on-site position can work at any of our branch locations in MN or WI. Primary duties include training other staff members around analyzing moderate to complex financial statements and tax returns accompanying a loan request. Responsibilities include serving as a subject matter expert and training others around financial statement spreading, data analysis highlighting borrowing entity key ratios and financial trends, as well as efficiently preparing the final loan request presentation. Other main responsibilities include collaboratively working with Credit personnel, Loan officers, and Lending Assistants, developing a sound understanding and adherence of the bank's loan policies/procedures, as well as serving as a mentor to others within Credit Administration. Will directly supervise the Credit Analyst II and III teams that support Commercial, Agricultural, SBA, ARC, and Non-Profit borrowing relationships. This role will also oversee the Credit Analyst pipeline and communicate effectively with all stakeholders relative to the requirements of underwriting and analysis.

Requirements

7-10 year’s experience in lending, underwriting, accounting, or trend analysis required
Strong verbal and written communication skills
Ability to work to meet aggressive deadlines
Strong analytical skills
Excellent people skills
Ability to express ideas in a clear, thorough, and concise manner
Above-average aptitude in the area of math/number skills
Above-average ability in written communication, including word processing and Excel proficiency
Strong ability in problem analysis
Excellent team worker

Nice To Haves

Additional background in either a Commercial or Agriculture lending environment preferred
BS/BA Degree, preferably in Accounting or Finance preferred
Amiable personality

Responsibilities

Complete and train others on an interpretive analysis of financial statements for loan relationships and prepare loan presentations for the successful approval of commercial and agriculture loans.
Review and analyze all pertinent credit and financial information, including credit bureau reports, financial reports, cash flow analysis, ratio analysis, and reports information to lending officers.
Maintain primary responsibility for the credit analyst pipeline and effective communication of status and trending of workload volumes.
Perform administrative duties as it relates to supporting Moody’s Lending cloud for all uses in Credit Administration.
Directly supervise a team of credit analysts and on occasion fill in for the Director of Credit Administration when it comes to all things credit analysis.
Attends customer calls with lending officers from time to time as requested.
Regular and dependable attendance is an essential function of this job.
Contribute to a positive working environment through words and actions.
Greet internal and external customers in a friendly and outgoing manner.
Take responsibility to insure that internal and external customers receive outstanding customer service.
Perform other duties as required by business needs.
Complete compliance and product knowledge assignments in a timely manner.