Sr Credit Analyst

MidCountry Bank • Bloomington, MN

1d • $100,000 - $115,000 • Onsite

About The Position

The Credit Analyst position is responsible for analyzing and monitoring the credit worthiness of an assigned account base and preparing professional credit presentations that recommend the extension of credit within established guidelines. This role is also responsible for analyzing risk within the lending portfolio, both at the inception of a lending process and on an ongoing basis.

Requirements

• Bachelor’s Degree
• 5+ years of progressively responsible credit analysis experience or equivalent, demonstrated higher level analysis and output.

Nice To Haves

• Ongoing professional development

Responsibilities

• Perform financial analysis of assigned credits, including obtaining missing items, completing financial spreads, analyzing financial ratios and cash flow, evaluating secondary sources of repayment, comparing customer financial status to industry norms and policy guidelines, considering all risk, and assigning risk ratings.
• Make recommendations and discuss results with the Lender.
• Proactively partner with the lender and borrower to clarify issues and gather additional information.
• Participate in joint calls with the lender, as requested.
• Prepare Credit Action Presentations based on analysis and provide support through the approval process.
• Perform annual and other routine credit administration, ensuring credit files are up-to-date, reviewing periodic loan covenants for compliance, and assisting the lender in completing File Comments, Material Change Forms, and managing ticklers.

Benefits

• Health Insurance with two medical plan options
• Dental options
• Vision options
• Employer matched 401(k) plan
• Company-paid life insurance
• Company-paid AD&D insurance
• Company-paid short-term disability
• Company-paid long-term disability
• Paid Time Off
• All Federal holidays observed

What This Job Offers

• Job Type: Full-time
• Career Level: Senior