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