Credit Analyst

Busey Bank • Fort Myers, FL

12d • $50,000 - $62,000

About The Position

The Credit Analyst provides accurate, timely, and succinct credit analysis to support the company’s portfolio management and new business development efforts.

Requirements

• Knowledge of: Strong oral and written communication skills
• Proficiency in Microsoft Office Suite
• Knowledge of financial accounting
• Ability to: Prioritize work flow, multi-task and work independently
• Analyze and solve problems
• Take independent action within established guidelines
• Perform duties under frequent time pressures with a high degree of accuracy and attention to detail
• Requires Bachelor’s degree in Business with an emphasis in Accounting, Economics, and/or Finance.
• Completed coursework must include at a minimum: one finance and two accounting classes.
• Requires knowledge of Microsoft Office.

Nice To Haves

• Prior Commercial Credit experience and/or banking experience preferred.

Responsibilities

• Financial statement spreading and analysis, including calculation of Debt Service Coverage or Fixed Charge Coverage Ratios per Busey guidelines.
• Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals.
• Work with Commercial Relationship Managers or other Lending staff to prepare clear and concise Commercial Credit Approval Request (CCAR) memos that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of the Borrower.
• Evaluate collateral, industry data and other relevant credit information.
• Assist with Portfolio Management duties to include testing financial covenants, monitoring monthly borrowing base reports, preparing portfolio reviews and sensitive asset reports, as assigned.
• Assist Commercial Relationship Managers with the preparation of opportunity memos for new and existing relationships.
• Develop a working knowledge of the Commercial Banking Loan Policy and systems, including nCino.
• Assist with other duties or special projects as assigned.

Benefits

• 401(k) match
• profit sharing
• employee stock purchase plan
• paid time off
• medical
• dental
• vision
• company-paid life insurance and long-term disability
• supplemental voluntary life insurance
• short-term and long-term disability
• wellness incentives
• employee assistance program
• pre-tax health savings accounts
• flexible spending accounts

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees