Commercial Credit Analyst II: Risk & Financial Analysis

Statebankofarthur; Springfield (IL); On-site; USD 50,000 - 59,000; Full time

Benefits offered by this job

Life insurance

AD&D insurance

Long-Term Disability

Vacation days

Personal days

Paid holidays

Job summary

Morton Community Bank is seeking a Credit Analyst to assess credit risk for commercial lending. The role involves analyzing borrower financials, preparing spreads, and presenting findings to lenders and loan committees.

You will support management in evaluating loan requests, ensure policy compliance, and assist with covenant and monitoring activities. A strong background in finance and banking is essential.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related financial field or commensurate banking experience.
• Excellent written and verbal communication skills.
• BSA and other Bank-related training through BAI is required annually.

Responsibilities

• Evaluate the financial information and credit data to determine the risk of lending money to the industry and principles.
• Determine if the loan structure complies with bank/regulatory policy and loan request suitability.
• Prepare financial statement spreads using the bank’s preferred software and quantifying debt service abilities.
• Prepare in-house spreadsheets to quantify borrower's debt service abilities (personal, global, real estate).
• Provide narrative analysis and recommendations to lenders; communicate loan requests with lenders.

Skills

Communication skills

Analytical thinking

Education

Bachelor’s degree in Finance/Accounting/Economics or commensurate experience

Job description

Morton Community Bank is seeking a Credit Analyst to assess credit risk for commercial lending. The role involves analyzing borrower financials, preparing spreads, and presenting findings to lenders and loan committees.

You will support management in evaluating loan requests, ensure policy compliance, and assist with covenant and monitoring activities. A strong background in finance and banking is essential.