Credit Analyst 1

The Park Bank•Fitchburg, WI

2d•Hybrid

About The Position

Park Bank is hiring for our next Credit Analyst, and we want to talk with you! Join a top performing Commercial Credit Underwriting team and help take our commercial lending function to the next level! Within this department, you will find a wonderful group of people with years of experience and happy to help you learn the ropes. You will be in a supportive and engaging environment as you help your fellow Madison/Dane County businesses get to their Next. Park Bank is a community bank – if you’re looking to shift your career to a truly community focused institution (we mean it, it’s what we do!), and plant your roots somewhere long term, then we want to talk to you! As Park Bank’s next Credit Analyst, you have an educational background in business and some finance and or banking experience. Ambition, attention to detail and effective communication are your strong suits. You are passionate about being part of a successful team which provides a positive impact on the community. As a Credit Analyst, you will conduct thorough research to assess various aspects of creditworthiness for new clients. This includes evaluating the character, capacity, capital, collateral, and conditions related to each request. Effectively researching and communicating your viewpoint will come naturally to you, as your authentic desire to learn about our clients and understand each client relationship is important to you. You have an eye for key factors which typically indicate whether financial success of a loan is likely, and you are able to discuss these items with candor and understanding. You are interested in the economic factors that affect us at the national level and especially in our local market. You appreciate the opportunity to work for an organization that values philanthropy and encourages volunteering on company time.

Requirements

Associate degree or post-secondary classes/degree
Minimum 2 years’ experience in Analyst and/or business finance role; or equivalent combination of education and experience

Nice To Haves

Degree in Business, Economics, Finance, or related field

Responsibilities

Develop and present credit information for use by lending officers or committees in making lending decisions on new loans and loan renewals
Offer opinions and present facts regarding credit worthiness
Prepare and analyze financial statement spreads and other related financial documents
Create Loan Committee and Board presentations for loan approval
Monitor files to assure up-to-date financial statements, accounts receivable, and other items are available
Determine the need for more thorough investigation of additional information; contact appropriate sources for such information
Identify loan exceptions and areas to improve the completeness of credit and collateral files
Review developing problems and keep loan officers and management informed
Research industry specific information from outside sources
Monitor partial releases, remaining loan balance and collateral position for real estate development related loans
Review and update all credit, loan and collateral files to ensure that information is current, reporting any difficulties to the loan officers
Provide administrative assistance for originating and servicing commercial loans
Close loan renewals and assisting lenders with new loan closings
Manage exception lists and request information from client or loan officer
Assist and provide back-up support to the Business Bankers
Review loan requests; order credit reports, requests for title and lien searches; ordering appraisals, surveys, and title insurance commitments
Provide basic technical guidance to loan officers as needed