Credit Analyst
1st National Bank Of Waterloo•Collinsville, IL
•$60,000 - $85,000•Onsite
About The Position
Responsible for determining our customers’ creditworthiness. Analyze financial data to assess the likelihood of a borrower honoring their financial obligations.
Requirements
- Proven working experience as a commercial credit analyst.
- Bachelor’s degree in Business with an emphasis in Accounting or Finance or an equivalent degree program required.
- Ability to analyze cash flows, leverage, collateral and customer strength.
- Knowledge of loan documentation and current bank lending procedures and regulations.
- Up to date with legal, compliance and market risk related issues.
- Strong communication and presentation skills.
- Must be proficient with Microsoft Word and Excel.
- Sound judgement.
Nice To Haves
- 5 years preferred experience as a commercial credit analyst.
- 12 hours of accounting, preferred but not required.
Responsibilities
- Assess creditworthiness of existing or prospective clients.
- Examine financial transactions and credit history case by case (applications, statements, balance sheets, legal documents etc.).
- Complete ratio, trend and cash flows analyses and create projections.
- Determine in depth the degree of risk involved.
- Carefully analyze data, interpret findings and prepare reports of financial position and credit worthiness for loan approval and loan file documentation.
- Adhere to loan policy and guidelines.
- Draft models of credit information that predict trends and patterns.
- Other duties as assigned.
- Maintain an effective BSA/AML/OFAC internal control structure, including suspicious activity monitoring and reporting.
- Obtain the proper documentation and file the appropriate report in a timely manner for reportable transactions and/or suspicious activity.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
