Senior Credit Analyst II, South Bend, IN

1st Source Bank•South Bend, IN

27d

About The Position

Responsible for assisting the sales staff through the evaluation, analysis and management of loan transactions of current and prospective customers including periodic reviews. Manages and supervises assigned staff.

Requirements

Seven (7) years or more of credit analysis or accounting experience preferred.
Management experience preferred (2 or more years).
Knowledge of banking industry a plus.
Credit skills that would allow for accurate and appropriate credit underwriting of a loan request.
Ability to assess collateral values.
Ability to utilize various software packages (i.e., Moody’s, CBS)
Ability to assess management’s abilities.
Good PC skills--proficiency in Microsoft Word and Excel essential.
Strong analytical and quantitative skills.
Ability to communicate verbally and in written format.
Ability to think independently.
Ability to travel to all locations as well as ability to travel overnight, as needed for meetings, projects, seminars, etc.

Nice To Haves

RMA-CRC credentials a plus.

Responsibilities

Manages the daily workflow of a specific region/division and the assigned staff to ensure current loans are in conformity with terms.
Assists Relationship Managers with new and existing credit relationships.
Reviews financial statements, prepares summaries, facts and opinions concerning credit worthiness.
Communicates directly with CEO, CFO, CPAs and attorneys of customers and prospects regarding credit related matters.
Reviews transactions prepared by Credit Analysts for approval, both written and verbally.
Reviews and administers loan and loan commitments to ensure adherence to policy guidelines and documentation is adequate to secure collateral.
Develops and prepares reports and records relating to business loans, as required.
Properly grades the account.
Performs cash flow and financial analysis.
Manages annual customer performance.
Approves loan requests up to assigned credit authority (secured $1,000,000; unsecured $100,000).
Serves a voting member of the credit committee.
Responsible for the supervision of assigned staff and exercises the usual authority concerning staffing, performance appraisals, promotions, salary recommendations, and terminations.
Regular and predictable attendance is an essential requirement of the position.
Responsible for the completion of all compliance training related to the position.
Must understand all applicable laws and regulations that apply to the position and complies with the requirements.
Performs all other duties as assigned.