Credit Monitoring Analyst II

Busey Bank•Oklahoma City, OK

1d•Hybrid

About The Position

The Credit Monitoring Analyst II supports the commercial credit monitoring and portfolio management for the Bank through the review and analysis of borrower and guarantor financial information, testing of financial covenants, and post-closing loan review to ensure alignment between loan approval, documentation, and tracking system.

Requirements

Strong oral, written and interpersonal communication skills
Intermediate understanding of credit analysis and financial statements.
Full understanding of balance sheets, income statements and cash flow statements
Full understanding of loan and collateral documents, including attorney prepared documentation
Strong problem solving and analytical skills
Ability to read and comprehends credit write-ups and loan documentation
Ability to prioritize workflow, multi-task and work independently
Ability to perform duties under frequent time pressures with high degree of accuracy and attention to detail
Requires bachelor’s degree in Finance, accounting or business
Minimum 2 years of experience with credit loan documents and credit monitoring experience in the financial services industry.

Nice To Haves

Experience in nCino and Jack Henry preferred, but not required

Responsibilities

Accurately calculate financial ratios and monitor Borrower’s covenants for compliance as outlined in loan documents.
Effectively communicate all internal communication of the borrower’s performance and trend analysis to the appropriate parties.
Completes post booking reviews on commercial loans to ensure accuracy of loan documents as outlined in the credit approval and ensure internal tracking of covenants are accurately built for internal tracking purposes.
Analyze and assess financial statements and credit history of existing and potential clients.
Provide additional support to Credit Administration as it relates to special projects as assigned.
Comply with all credit administration policies and procedures.
Prepare ad hoc reports as requested.
Provide back-up assistance to other team members at peak volume times, including but not limited to reviewing and analyzing Borrowing Base Certificates and reviewing financial statements for accuracy and advancement of next due date.
Mentorship of less experienced Credit Monitoring Analysts.
Complete Moody’s Credit Modules, as assigned.
Comply with all credit administration policies and procedures.
Maintain the highest level of confidentiality of all information.
Provide extraordinary service while complying with all Bank policies and procedures.
Adhere to Busey Bank policies and procedures; comply with laws, regulations and industry best practices.
Reliable and predictable attendance; both onsite and remote.