Credit Analyst - To 80K - Chicago, IL - Job 3851-7536

The Symicor Group•Chicago, IL

1d•Onsite

About The Position

The Symicor Group is recruiting for a bank client seeking a Credit Analyst in the Chicago, Illinois market. The role processes daily credit transactions in accordance with credit policies and procedures and maintains records and files for credit transactions, including correspondence and supporting documents. The position is not remote and offers a salary of up to $80,000 and a full benefits package. The Credit Analyst conducts financial analysis of prospective and active borrowing accounts, evaluates borrowers’ short- and long-term prospects, and provides recommendations regarding loan decisions and grades. The role documents financial analysis and recommendations, ensures work complies with lending policy, and may accompany Commercial Lenders to customer meetings. It also provides leadership, on-the-job training, and technical guidance to other credit analysts, along with other assigned duties.

Requirements

Five or more years of experience as a Credit Analyst.
Experience preparing credit presentations.
Ability to manage, process, and track annual reviews of required credits.
Thorough knowledge of current lending and loan review regulations, as well as banking regulations, procedures, and operations.
Ability to analyze and interpret financial statements.
Excellent written and verbal communication skills.
Strong organizational skills and attention to detail.
Ability to multitask.
Proficiency with spreadsheet and word processing software and experience working in a digital office environment.

Nice To Haves

Bachelor’s degree in a related field of study preferred.
Specialized financial analysis training.

Responsibilities

Perform in-depth financial analysis, including spreading and analyzing financial statements.
Receive and review information for prospective and active borrowing accounts, including financial statements, tax returns, agency and credit reports, and interview and investigation sheets.
Analyze borrower data and evaluate the short- and long-term prospects of individuals or companies.
Recommend whether loans should be granted or denied to appropriate personnel.
Prepare sufficient information to document recommendations when assigned to a lending function.
Suggest a loan grade after thorough credit analysis and documentation review.
Conduct credit analysis activities in accordance with prescribed lending policy.
Document financial analysis work, including ratios, cash flow, collateral analysis, and related information.
Accompany Commercial Lenders on customer meetings when needed.
Provide leadership, on-the-job training, and technical guidance to other credit analysts.
Perform other duties as assigned.