Credit Analyst - Cedar Falls, IA

Equity Bank•Cedar Falls, IA

3d•Onsite

About The Position

Equity Bank is hiring a full-time Credit Analyst for its Credit Administration department in Cedar Falls/Waterloo, Iowa. This on-site, salaried role prepares and reviews credit presentations and annual reviews for internal and external approval authorities. The analyst uses customer-provided information to prepare financial spreads, analyze borrower financial activity and cash flow, identify material changes and trends, assess collateral adequacy, and write clear presentations that accurately represent the bank’s position on credit facilities. The role works closely with Loan Officers and, when needed, customers, CPAs, and advisors to obtain information and confirm the accuracy of credit applications and annual reviews. The analyst develops familiarity with the bank’s loan policy, underwriting guidelines, credit procedures, commercial loan types and documentation, real estate appraisals and evaluations, environmental reports, and customer relationships. Other work includes monitoring financial covenants and borrowing base certificates, preparing assigned reports, following applicable laws and bank policies, and completing other assigned duties. The position regularly works in an office setting, with frequent use of computers and electronic media. Physical demands include regular standing, walking, bending, and squatting; occasional stooping, kneeling, crouching, reaching, and carrying, lifting, moving, or pushing up to 25 pounds. The employee must be able to talk and listen to others.

Requirements

Bachelor’s degree in finance, accounting, economics, business administration, or a related field.
High level of accuracy and attention to detail in identifying risk factors and ensuring quality credit evaluations.
Ability to think critically and 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.

Responsibilities

Prepare high-quality credit presentations and annual reviews for internal and external 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.
Identify and analyze the adequacy of collateral securing loans.
Write reader-friendly credit presentations and annual reviews that accurately represent Equity Bank’s position on the credit facilities being reviewed.
Manage relationships with Loan Officers and use written and oral communication to obtain required information 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 support accurate approval decisions.
Develop familiarity with loan policy, underwriting guidelines, credit procedures, commercial loan types and structures, commercial loan documentation, real estate appraisals and evaluations, environmental reports, and customer relationships.
Maintain a positive professional image for Equity Bank and provide a friendly customer-service experience.
Monitor and approve financial covenants and borrowing base certificates as assigned.
Prepare weekly, monthly, quarterly, and annual reports as assigned.
Understand and follow applicable laws, regulations, and bank policies, including the Business Ethics and Conduct policy, Bank Secrecy Act, information security, and Suspicious Activity Reporting requirements.
Manage other related projects and perform other duties as assigned or required.