Credit Analyst

GreenWay Bank; Fort Wayne (IN); On-site; USD 50,000 - 70,000; Full time

Job summary

A community bank based in Fort Wayne is seeking an experienced Credit Analyst to join their team. In this role, you will conduct comprehensive credit analyses and monitor a commercial loan portfolio to assist in decision-making. The ideal candidate will have a degree in finance or a related field, strong analytical skills, and at least 2 years of credit experience. This position offers the opportunity to engage with cross-functional teams and contribute to the bank's commitment to community investment.

Qualifications

• Minimum of 2 years of credit analyst experience preferred.
• Strong understanding of accounting principles (GAAP).
• Ability to work independently and collaboratively.

Responsibilities

• Conduct thorough analysis of financial statements and credit reports.
• Prepare detailed analysis and make recommendations on credit memorandums.
• Participate in loan committee meetings.

Skills

Financial analysis

Credit risk assessment

Microsoft Excel

Effective communication

Attention to detail

Education

Bachelor's degree in finance, accounting, economics, or related field

Tools

Microsoft Word

Financial analysis software

Job description

GreenWay Bank is seeking a Credit Analyst to join our Fort Wayne banking team! In this role you'll be responsible for credit analysis, underwriting, and monitoring of the commercial loan portfolio, helping the bank assess credit risk and assisting in lending decisions.

GreenWay Bank is a community bank with offices in Fort Wayne, Indiana, and Van Wert, Ohio. We\'re locally owned, locally operated, and locally focused. We invest in our communities, and we\'d like to invest in you! Consider joining our dynamic and growing team, and apply today!

ESSENTIAL RESPONSIBILITIES & DUTIES

• Conduct thorough analysis of financial statements, tax returns, credit reports, and other relevant financial data to evaluate the creditworthiness of applicants.
• Prepare detailed analysis by summarizing findings, assessing risk, and making recommendations on credit memorandums.
• Complete credit monitoring functions, which include spreading and reviewing of financial statements, borrowing base and covenant testing, and annual credit reviews.
• Review appraisals and real estate evaluations.
• Collaborate with cross-functional teams such as risk management and compliance departments to ensure comprehensive risk assessment and adherence to regulatory requirements.
• Participate in training programs, seminars, and professional development activities to enhance knowledge of credit analysis techniques, financial markets, and industry best practices.
• Attend and participate in loan committee meetings and/or discussions as needed.
• Complete other tasks and duties as may be assigned.

QUALIFICATIONS

• Minimum of Bachelor\'s degree in finance, accounting, economics, or related field.
• 2+ years of credit analyst experience preferred.
• Proficient in Microsoft Excel, Microsoft Word, Windows 11, and various web-based software programs (financial analysis software, spreadsheets, databases).
• Strong understanding of financial statements, accounting principles (GAAP), and credit risk management techniques.
• Excellent analytical skills, attention to detail, and ability to interpret complex financial data.
• Effective communication skills with the ability to present analytical findings clearly and persuasively.
• Ability to work independently and collaboratively in a fast-paced environment while managing multiple priorities and deadlines.

PHYSICAL REQUIREMENTS

Prolonged periods of sitting or standing at a desk, while working on a computer.