Credit Analyst - Des Moines

Equity Bank•Des Moines, IA

1d•Onsite

About The Position

Equity Bank is hiring an on-site Credit Analyst for its Credit Administration department in Des Moines, Iowa. The role produces credit presentations and annual reviews for internal and external approval authorities by analyzing borrower financial information, cash flow, trends, and loan collateral. The analyst works closely with loan officers and, when needed, customers, CPAs, and advisors to gather and verify information and prepare accurate credit materials. The position also involves general banking and commercial credit knowledge, monitoring and reporting duties, compliance with applicable laws and policies, and other assigned projects. The role regularly takes place in an office and involves computer and electronic-media use.

Requirements

Bachelor’s degree in finance, accounting, economics, business administration, or a related field.
High accuracy and attention to detail to identify risk factors and ensure quality credit evaluations.
Critical-thinking skills and the ability to make informed decisions based on thorough analysis of credit data.
Effective written and verbal communication skills to convey credit analysis findings and recommendations to stakeholders, including senior management.
Proficiency in Microsoft Office Suite, particularly Excel.
Ability to manage multiple projects simultaneously and meet deadlines in a fast-paced environment.
Ability to meet the stated physical requirements, including occasional lifting, carrying, moving, or pushing of up to 25 pounds.

Responsibilities

Prepare high-quality credit presentations and annual reviews for approval authorities.
Use customer-provided information to prepare consistent financial spreads and analyze borrowers’ financial activities.
Identify material changes and trends in balance sheets and income statements.
Complete deal-specific and global cash flow analyses.
Assess the adequacy of collateral securing loans.
Write clear, reader-friendly credit presentations and annual reviews that accurately reflect Equity Bank’s position on the credit facilities.
Manage relationships with loan officers and obtain information for requests and annual reviews in a timely manner.
Work with loan officers to contact customers, CPAs, and advisors when needed.
Confirm credit applications and annual reviews with officers to ensure accurate materials are presented to approval authorities.
Develop familiarity with and understanding of loan policy, underwriting guidelines, credit procedures, commercial loan types and structures, commercial loan documentation, real estate appraisals and evaluations, environmental reports, customer relationships, reports, and responsibilities.
Use written and oral communication to exchange information with customers, CPAs, and advisors.
Maintain a positive professional image for Equity Bank and a friendly customer-service image with customers.
Manage other related projects, including financial covenant monitoring and approval and borrowing base certificate monitoring and approval.
Prepare weekly, monthly, quarterly, and annual reports as assigned.
Follow applicable laws and regulations, including Equity Bank’s Business Ethics and Conduct policy, Bank Secrecy Act, information security, and Suspicious Activity Reporting requirements.
Perform other duties as assigned or required.