Credit Analyst - Des Moines

Equity Bank•Cedar Falls, IA

2d•Onsite

About The Position

Equity Bank is hiring a full-time, salaried Credit Analyst in an on-site role in Cedar Falls/Waterloo, Iowa. The Credit Analyst works in Credit Administration and prepares high-quality credit presentations and annual reviews for internal and external approval authorities. The role involves spreading and analyzing borrower financial information, identifying trends and material changes, evaluating cash flow and collateral, and producing clear, accurate credit documents that represent the bank’s position on credit facilities. The position manages working relationships with Loan Officers and communicates with customers, CPAs, and advisors to gather and confirm information for credit requests and annual reviews. The analyst develops general banking and credit knowledge, including loan policy, underwriting guidelines, commercial loan structures and documentation, appraisals, evaluations, and environmental reports. Additional work includes monitoring financial covenants and borrowing base certificates, preparing reports, complying with applicable laws and bank policies, and performing other assigned duties. The role regularly takes place in an office and involves frequent work with computers and electronic media. Physical requirements include standing, walking, bending, and squatting regularly; occasional lifting, carrying, moving, or pushing up to 25 pounds; and the ability to communicate by talking and listening.

Requirements

Bachelor’s degree in finance, accounting, economics, business administration, or a related field.
High level of accuracy and attention to detail to identify risk factors and ensure quality in 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, 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 credit facilities.
Manage relationships with Loan Officers and obtain information for requests and annual reviews 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 ensure accurate materials are presented to approval authorities.
Develop familiarity with loan policy, underwriting guidelines, credit procedures, commercial loan types and structuring, commercial loan documentation, appraisals and evaluations, and environmental reports.
Communicate with customers, CPAs, and advisors to relay and obtain information.
Develop and maintain a positive professional image for Equity Bank and a friendly, customer-service-focused image with customers.
Manage related projects, including financial covenant monitoring and approval and borrowing base certificate monitoring and approval.
Prepare weekly, monthly, quarterly, and annual reports as assigned.
Follow applicable laws and regulations and bank requirements, including the Business Ethics and Conduct policy, Bank Secrecy Act, information security, and Suspicious Activity Reporting requirements.
Perform other duties as assigned or required.