Commercial Credit Analyst jobs in Rockford, IL

Prairie Community Bank is a growing community bank with 3 locations, including Marengo, Union and Elgin, IL. Prairie offers competitive salary and benefits, including 401k match, incentive plan, medical, dental, vision, life insurance, LTD, vacation and paid holidays. We are seeking a full-time Credit Analyst for our Marengo location to effectively estimate the degree of risk involved in extending credit to firms or individuals by performing the following duties.

• Prepares credit memos for all commercial and all applicable consumer loan requests using appropriate procedures
• Completes underwriting analysis for new loan requests, renewals and annual reviews for credit memos
• Analyzes financials including tax returns, balance sheets and income statements for credit memos with details of financial performance, condition and risk factors
• Works with lenders in detailing borrower background and current request narratives in credit memo
• Inputs financial data into Sageworks software
• Responsible for Sageworks software, including updates and product review
• Analyze adequacy of accounts receivables for borrowing base certificate customers and perform site visits as required
• Maintain accounts receivables ticklers for required relationships
• Prepare financial information request letters to be sent
• Collect tax returns and financial statements from customers
• Maintain tickler for tax returns and financial statements
• Maintain tickler for annual reviews
• Complete board report "Annual Review" monthly
• Co-ordinates ordering of commercial appraisals & evaluations
• Reviews evaluations
• Conducts monthly car dealer floor plan inspections and originates curtailment requests.

Qualifications

• College degree or equivalent combination of experience and education preferred
• Proficient knowledge of federal tax returns
• Proficient in Microsoft Office Suite
• Knowledge of financial spreading software; Sageworks a plus

Skills and specifications

• Strong attention to detail
• Strong verbal and written communication skills
• Self-motivated
• Ability to deliver professional and courteous customer service

EOE

Job Type: Full-time

Job Type: Full-time

Pay: $25.00 - $29.00 per hour

Expected hours: 40 per week

Benefits:

• 401(k) 4% Match
• Paid time off

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person