Credit & Audit Review Analyst IV

Busey Bank•Glenview, IL

About The Position

The Credit and Audit Review Analyst IV assesses, identifies, and reports on credit risks and the overall quality of the Bank's loan portfolio. The role conducts loan file and portfolio examinations and stress testing, and submits reports to the Director of Loan Review. It handles scheduled reviews of borrowers of any size, with emphasis on the largest relationships and complex transactions, and performs these reviews with limited support from the Director. The analyst supports third-party review consultants, manages review projects, performs quality control reviews, prepares and presents management reports, and participates in or facilitates risk grade change meetings. The position also contributes to committees and special projects, recommends process improvements, administers the Loan Review System, and develops and delivers training while mentoring other analysts. Busey describes its culture as grounded in doing better business, building stronger relationships, and creating thriving communities. The position offers a base pay range of $98,000–$125,000 per year, and may be eligible for performance-based bonus or incentives. Busey offers a Total Rewards package that includes retirement, insurance, paid time off, wellness, and other benefits.

Requirements

Bachelor's degree in finance, accounting, or economics.
10+ years of commercial loan review and/or credit analysis experience, including training or supervising junior staff.
Knowledge of basic accounting skills.
Basic understanding of financial statements.
Knowledge of credit fundamentals, including loan structures and credit analytic ratios such as balance sheet, cash flow, and other performance ratios or metrics.
Knowledge of general loan and collateral documentation.
Basic Microsoft Office skills, particularly Word and Excel.

Responsibilities

Support third-party review consultants through project setup, access requests, system training, materials requests, research on financial and documentation questions, and quality control review of financial exception reporting.
Prepare monthly and quarterly loan reports that supplement testing and analytics.
Participate in risk grade change meetings with Commercial Lending and Credit Administration.
Collaborate with committees and special project groups as needed.
Develop training programs and materials, train new Credit/Audit Review Analysts, and mentor other analysts.
Recommend process and procedural improvements to the Director of Loan Review.
Complete scheduled reviews for borrowers of any size, focusing on the largest relationships and complex transactions, with limited support from the Director.
Conduct first-level quality control reviews of third-party reviews, assess the reasonableness of conclusions, and provide the Director with feedback on review quality before the Director's quality control review.
Perform project management tasks, including sample selection or assignment, monitoring, and reporting project status.
Perform quality control reviews and provide detailed feedback and support to Credit/Audit Review Analysts I through III.
Facilitate risk grade change meetings with Commercial Lending and Credit Administration.
Prepare and present management summary reports for Loan Review or special projects.
Attend and present at quarterly management meetings.
Perform due diligence reviews for potential acquisitions.
Administer the Loan Review System.

Benefits

401(k) match
Profit sharing
Employee stock purchase plan
Paid time off
Medical insurance
Dental insurance
Vision insurance
Company-paid life insurance
Long-term disability coverage
Supplemental voluntary life insurance
Short-term disability coverage
Wellness incentives
Employee assistance program
Health savings accounts
Flexible spending accounts
Bonus or incentives based on company and individual performance may be available to eligible associates