Credit Analyst

Position Summary: Responsible for conducting high level analysis on commercial/business loans. Supports lending officers in completing credit memorandums for new and existing bank relationships. The credit analyst will also assist in loan review of large customer relationships.

Job Duties

• Analyzes financial statements (balance sheet and profit and loss) and income tax returns on commercial loans. Includes key performance ratio analysis.
• Utilizes bank developed financial analysis formats to build a historical financial base.
• Assists lender in credit memorandum (LARs and Narratives) on new and existing relationships: · In-depth historical financial analysis; · In-depth projection financial analysis, including "what if/stress test" scenarios that test the reasonableness of the projections; · In-depth analysis of the secondary sources of repayment, such as collateral; · balance sheet trends and issues; · In-depth analysis of guarantor's financial position; · Develop cash flow analysis;
• Collects and maintains industry data. Researches industry specific information from outside sources, including conversations with the borrower, industry publications, internet, etc.
• Review credit reports
• Provide financial insight to lenders regarding strengths and weakness of borrowers.
• Assist in SBA, FSA and other special loan programs. including application preparation, monitoring and liquidation.
• Complete loan reviews as scheduled in a timely manner
• Performs analysis of key bank vendors on an annual basis for Vendor Management program.
• Various report creation and data input
• Perform as a team member in allocating and coordinating the work flow.
• Contribute to the fulfillment of department, market and company objectives and goals.
• Comply with all department and company policies, procedures, and regulations.
• Other duties as assigned

Key Competencies/Skills

• Strong communication skills – verbal, written and interpersonal skills
• Good listening skills
• Accuracy and attention to detail
• Excellent computer skills – highly proficient in Excel and Word
• Extensive knowledge of financial statement analysis, income tax returns and regulations
• Loan compliance knowledge
• Loan policy knowledge

Education/Experience

• Bachelor’s Degree in a business related field preferred
• High School diploma or GED required
• 3-5 years of banking or financial related field

Job Type: Full-time

Pay: $35,000.00 - $60,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

People with a criminal record are encouraged to apply

Ability to Relocate:

• Hannibal, MO: Relocate before starting work (Required)

Work Location: In person