Credit Analyst
Company: Merchants Bank
Location: Eau Claire
Posted on: May 18, 2023
|
|
Job Description:
Merchants Bank is seeking an experienced Credit Analyst. 5 years
of experience in lending, underwriting, accounting, or trend
analysis preferred with additional background in either a
Commercial or Agriculture lending environment also helpful. The
work location preference is Winona, MN, however after successful
onboarding and training this position may work out of any of our
Merchants Bank locations in MN and WI.Primary duties include
analyzing moderate to complex financial statements and tax returns
accompanying a loan request. Other responsibilities include
financial statement spreading, data analysis highlighting borrowing
entity key ratios and financial trends, as well as efficiently
preparing the final loan request presentation. Other main
responsibilities include collaboratively working with loan officers
and lending assistants, developing a sound understanding and
adherence of the bank's loan policies/procedures, as well as
serving as a mentor to others within Credit Administration. Strong
verbal and written communication skills needed along with a "can
do" attitude. In working with others across the bank, the incumbent
must possess a very positive and helpful attitude with the ability
at times to meet aggressive deadlines.Please click on Apply Now or
apply in person at any Merchants Bank location. Questions can be
emailed to . Merchants Bank is an Equal Opportunity Employer of
women, minorities, protected veterans and individuals with
disabilities.Job Summary:Prior experience of 5-7 years in lending,
underwriting, accounting, or trend analysis preferred with
additional background in either a Commercial or Agriculture lending
environment also deemed helpful. Primary duties include analyzing
moderate to complex financial statements and tax returns
accompanying a loan request. Primary responsibilities include
financial statement spreading, data analysis highlighting borrowing
entity key ratios and financial trends, as well as efficiently
preparing the final loan request presentation. Other main
responsibilities include collaboratively working with loan officers
and lending assistants, developing a sound understanding and
adherence of the bank's loan policies/procedures, as well as
serving as a mentor to others within Credit Administration. Strong
verbal and written communication skills needed along with a "can
do" attitude. In working with others across the bank, the incumbent
must possess a very positive and helpful attitude with the ability
at times to meet aggressive deadlines.Primary Duties:--- Complete
an interpretive analysis of financial statements for loan
relationships and prepare loan presentations for the successful
approval of commercial and agriculture loans. This includes
developing credit information for use by lending officers or
committees in making lending decisions on new, renewal and
extension loans.--- Review and analyze all pertinent credit and
financial information, including credit bureau reports, financial
reports, cash flow analysis, ratio analysis, and reports
information to lending officers.--- May additionally be asked to
complete credit scoring reports for small business loans and
complete presentations for loan relationships of $500,000 or
less.--- May additionally perform administrative duties as it
relates to supporting SBA lending. This may include reviewing and
analyzing credit and financial information and ensuring compliance
with SBA requirements.--- Attends customer calls with lending
officers from time to time as requested by the lending officer.---
Regular and dependable attendance is an essential function of this
job.--- Employee will be expected to contribute to a positive
working environment through words and actions.--- Employee will be
expected to greet internal and external customers in a friendly and
outgoing manner.--- Employee will be expected to take
responsibility to insure that internal and external customers
receive outstanding customer service.--- Employee may be asked to
perform other duties as required by business needs.--- Employee
will be expected to complete compliance and product knowledge
assignments in a timely manner.Working Conditions:Work will
primarily be performed in inside working environment, low noise
level, comfortable physical conditions.Physical Demands:Work will
be performed primarily sitting at a desk, very low degree of
lifting. Requires average finger dexterity to operate normal office
equipment, such as computer, adding machine, etc. Requires good
eye/finger coordination.Mental Demands/Education:Prefer BS/BA
Degree, preferably in Accounting or Finance. Strong analytical
skills; excellent people skills. Requires individual with strong
oral and written communication skills; ability to express ideas in
a clear, thorough, and concise manner.Requires above-average
aptitude in the area of math/number skills. Above-average ability
in written communication, including word processing and Excel
proficiency. Strong ability in problem analysis.Amiable
personality. Must be an excellent team
worker.Relationships:Responsible to the Credit Administration
Manager for fulfillment of duties, responsibilities, authority, and
for proper interpretation.Will have high degree of contact with
other Bank personnel and direct personal contact with customers.
Must have the ability to develop customer rapport; must show
genuine interest in others' needs and opinions.In day-to-day
function, will have contact with customers, public, and staff, and
is to conduct self in a manner that will enhance the overall
marketing effort of the Bank.
Keywords: Merchants Bank, Eau Claire , Credit Analyst, Professions , Eau Claire, Wisconsin
Click
here to apply!
|