Credit Analyst

Home State Bank•Crystal Lake, IL

3d•$21 - $32•Onsite

About The Position

Home State Bank, a community bank dedicated to improving the quality of life for its customers, employees, and neighbors since 1915, is seeking a Credit Analyst to join their Crystal Lake team. This role is an excellent opportunity for a customer-focused banking professional looking to grow their career while making a meaningful impact. The Credit Analyst will play an important role in helping customers achieve their financial goals and contributing to the success of a locally owned community bank.

Requirements

Bachelor's Degree Preferred (Accounting or Finance or Business) or commensurate experience.

Responsibilities

Prepare financial statement spreads on a timely basis, for businesses and individuals, including cash flow analysis, line usage charts and financial projections as assigned by the Credit Manager to support the Commercial Lending Department.
Prepare detailed written credit analyses on all commercial loans required in accordance with the Bank’s commercial loan policy. These write ups provide support for existing and new loan relationships and many times are presented to the Directors’ Loan Review Committee for approval. In these analyses, the analyst is expected to propose appropriate credit risk ratings for loans and identify loan policy exceptions.
Conduct comprehensive reviews of appraisals that secure commercial real estate transactions of the Bank. These reviews are used to ensure the appraiser used sound methodology.
Perform evaluations for existing CRE Loans.
Assist the Credit Manager as necessary in tracking financial statement information, obtaining external credit reports and industry data to support the Bank's loan portfolio analysis.
Complete the underwriting process for retail loan requests. This includes review of title documentation in addition to financial analysis and appraisal review.
Participate in the Bank's development and training programs to further skills and/or promote bank services.
Interact with the loan department, borrowers and all third-party representatives (i.e. appraisers and accountants) in a professional manner.
Perform property evaluations for existing CRE loans.
Assist the Credit Manager as necessary in tracking financial statement information, obtaining external credit reports and industry data to support the Bank’s loan portfolio analysis.
Participate in the Bank’s development and training programs to further skills and/or promote bank services.
Interact with the loan department, borrowers, appraisers, and accountants as needed in a professional manner.

Benefits

Medical coverage through BCBS (2 PPO options, HSA and HMO)
Dental PPO through BCBS
Vision coverage through BCBS EyeMed
Company-paid life and AD&D insurance ($50,000)
Company-paid long-term disability insurance
401(k) eligibility after 90 days
Company match of 3% after one year
Two weeks of paid vacation
One week of Paid Leave for All Workers
Eleven paid FDIC holidays
One floating personal holiday
Tuition reimbursement for courses and books up to $6,000 annually (per policy)
Employee appreciation events, including our annual Holiday Party at Boulder Ridge Country Club
A collaborative and supportive workplace focused on professional growth and community involvement