Credit Analyst

Independent Correspondent Bankers' Bank, Inc.; Frankfort (KY); Hybrid; USD 55,000 - 75,000; Full time

Job summary

ICBB is a Kentucky-based correspondent bank seeking a Credit Analyst to lead credit risk management and influence lending decisions. Reports to Sr. Credit Manager and/or Chief Credit Officer with a hybrid work arrangement and some in-office requirements.

The role entails analyzing credit data, evaluating financial statements, and developing credit evaluations to support loan decisions while collaborating with internal teams and clients to manage credit portfolios.

Qualifications

• Analyze credit data and financial statements to determine creditworthiness and risk level.
• Generate financial ratios and models to assess customers’ financial status.
• Compare liquidity, profitability, and credit histories across industries and geographic locations.
• Prepare risk assessment reports and present findings to loan committees.

Responsibilities

• Credit Analysis & Risk Management: Analyze credit data and financial statements to determine creditworthiness and risk level.
• Loan Application & Approval Process: Complete loan applications, including credit analyses and summaries of loan requests.
• Collections & Payment Plans: Contact customers to collect payments on delinquent accounts and propose structured plans.
• Collaboration & Reporting: Maintain credit records, share information with internal teams, and identify trends.

Skills

Credit analysis

Financial statement analysis

Financial ratios

Risk management

Communication

Collaboration

Job description

Job Description

Job Description

** Credit Analyst**
** Reports To:** Sr. Credit Manager and/or Chief Credit Officer
** Location:** Hybrid with some in-office requirements

** Position Summary**

The Credit Analyst plays a pivotal role in shaping the financial landscape of our organization by leading our credit risk management strategy. This position requires analytical expertise and strategic insight to influence high-stakes decisions, ensuring the long-term financial health and growth of the credit department. Reporting directly to the Sr. Credit Officer and/or Chief Credit Officer, the Credit Analyst will assess credit data, evaluate financial statements, and contribute to lending decisions that align with the organization’s risk tolerance and objectives.

This role requires a keen eye for financial details, strong decision-making abilities, and effective communication to collaborate with internal teams and customers.

** Primary Focus**

• Analyze credit risk and assess financial health of individuals and businesses.
• Develop credit evaluations to support loan decisions.
• Collaborate with internal teams and external clients to manage credit portfolios.
• Utilize data-driven insights to mitigate risks and enhance profitability.

** Key Responsibilities**

** 1. Credit Analysis & Risk Management**

• Analyze credit data and financial statements to determine creditworthiness and risk level.
• Generate financial ratios and models to assess customers’ financial status.
• Compare liquidity, profitability, and credit histories across industries and geographic locations.
• Prepare risk assessment reports and present findings to loan committees.

** 2. Loan Application & Approval Process**

• Complete loan applications, including credit analyses and summaries of loan requests.
• Submit findings to loan committees for review and approval.
• Consult with customers to verify financial and credit transactions and resolve disputes.

** 3. Collections & Payment Plans**

• Contact customers to collect payments on delinquent accounts.
• Evaluate customer records and recommend structured payment plans.
• Review customer files and identify high-risk accounts for further action.

** 4. Collaboration & Reporting**

• Work with internal credit teams and business representatives to exchange credit information.
• Maintain accurate and updated credit records and reports.
• Support risk management initiatives by identifying trends and providing recommendations.

Company Description

ICBB is a correspondent bank dedicated to helping community banks succeed. We provide financial services, technology, lending, and operational support backed by responsive service, trusted relationships, and a team committed to doing what's right for our customers and each other.

Company Description

ICBB is a correspondent bank dedicated to helping community banks succeed. We provide financial services, technology, lending, and operational support backed by responsive service, trusted relationships, and a team committed to doing what's right for our customers and each other.