Credit Analyst

TrustBank • Olney, IL

8h • Hybrid

About The Position

TrustBank is seeking a highly motivated Credit Analyst to join our growing team. The ideal candidate will possess a strong understanding of credit analysis principles, a high level of attention to detail, and a solid track record of providing sound recommendations. The Credit Analyst is responsible for assessing the creditworthiness of applicants across a variety of loan types, including commercial, real estate, agricultural, and consumer. This role leverages financial analysis, banking technology, and data-driven insights to evaluate risk and support sound lending decisions. Responsibilities include analyzing financial statements, tax returns, cash flow, and collateral to identify repayment capacity, financial trends, and emerging risks. The Credit Analyst prepares detailed credit presentations that clearly communicate strengths, weaknesses, risk factors, and recommended risk ratings while ensuring compliance with internal policies and regulatory requirements. Working collaboratively with loan officers and other bank partners, the Credit Analyst utilizes approved digital tools and authorized AI-assisted resources to enhance research, reporting, and workflow efficiency while maintaining independent judgment, critical thinking, and prudent credit decision-making.

Requirements

• Bachelor's degree (B. S.) from a four-year college or university with a focus on finance, accounting, or economics and a minimum of 2-4 years of related experience preferably in a commercial banking environment.
• Advanced analytical and risk assessment skills, including a clear understanding of fractions and percentages.
• Ability to self-review and identify errors in written presentations, analysis, and reporting.
• Strong knowledge of financial accounting principles, economics, and credit analyst techniques with excellent problem-solving skills.
• Excellent report writing, grammar, and verbal communication skills.
• Ability to produce clear, professional credit presentations.
• Organizational and time management skills, including the ability to manage multiple priorities and deadlines.
• Broad understanding of loan policy, loan operations and overall bank procedures.
• Advanced proficiency in Microsoft Excel and Microsoft 365 applications, including the ability to utilize formulas, pivot tables, financial models, data analysis tools, reporting features, and emerging AI-enabled productivity solutions.
• Understanding of the bank’s core processing system to meaningfully assemble data and generate reports.

Nice To Haves

• Additional coursework, certifications, or experience in financial analysis, business intelligence, data analytics, credit risk management, or banking technology is preferred.

Responsibilities

• Analyze the overall credit quality and risk of applicants by reviewing financial statements, tax returns, credit reports, collateral values, and other relevant information including independent online research.
• Prepare accurate financial spreads, ratio analyses, and cash flow models using spreadsheet and word processing tools.
• Develop comprehensive credit presentations that include repayment capacity of the borrowers and guarantors, collateral descriptions, loan-to value calculations, and a clear summary of strengths, weaknesses, and risks.
• Collaborate and communicate clearly with loan officers to assess client needs, loan structure, and pricing. Communicate directly with clients, as needed.
• Ensure credit analysis and presentations reflect adherence to internal credit policies, loan administration procedures, and regulatory requirements.
• Document policy or documentation exceptions, as well as prior-to-close conditions.
• Assign and recommend credit risk ratings in accordance with Loan Policy guidelines.
• Participate as a non-voting member of the Loan Committee meetings, exercising sound judgement and maintaining constructive communication.
• Determine whether requests for information should be furnished or refused based on confidentiality, requiring strong judgment and quick decision-making.
• Recognize irregular or suspicious transactions and take appropriate steps to prevent loss. Help ensure compliance with BSA/AML/OFAC regulations.
• Assist with annual loan reviews and portfolio monitoring as requested, including providing support to the Auditor during internal and external audits.
• Assist with other credit department tasks such as review of construction loan draw requests, appraisal reports, and environmental reports as needed.
• Additional responsibilities as needed to support departmental and organizational goals.

Benefits

• Total compensation for this position is $65,000 - $90,000.
• TrustBank provides a generous benefits offering, with details on our bank’s website: https://trustbank.net/company/career-opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level