Credit Analyst

Commerce Bank; Kansas City (MO); On-site; USD 76,506,000 - 90,260,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k)

Life insurance

Paid vacation

Paid personal time

Career development

Education assistance

Voluntary benefits

Job summary

Commerce Bank in Kansas City, MO is seeking a Credit Analyst to analyze commercial credits by conducting financial analysis on diverse companies. You will prepare credit summaries and assist loan structuring.

Responsibilities include preparing financial spreads, researching documentation, and supporting loan profitability analyses, with training provided. This role is based at 1000 Walnut St, Kansas City, MO, with full-time hours.

Qualifications

• Bachelor's degree in Business with finance or accounting preferred.
• Accounting coursework (6 credits) and Finance coursework (9 credits) completed.
• 1+ year credit/financial analyst experience preferred.

Responsibilities

• Prepare Credit Approval Summary packets (minimal to moderate complexity).
• Prepare financial statement spreads and other credit items as needed.
• Perform basic to moderate financial analysis for loan requests.
• Research loan documentation and bank system usage.
• Submit work for feedback and analysis.
• Share beginner level knowledge during training and onboarding.
• Assist with pricing worksheets for loan and relationship profitability.
• Support loan committee secretary functions.
• Perform other duties as assigned.

Skills

Financial concepts

Financial statements

Cash flow analysis

Leverage

Debt service coverage

Loan structure

Moody’s CreditLens

Communication skills

MS Word/Excel/Outlook

Education

Bachelor's degree in Business

Accounting coursework

Finance coursework

1+ year credit/analyst experience

Tools

Moody’s CreditLens

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

About Working At CommerceBuilding a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.

About Working At CommerceBuilding a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us. Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you. Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.

Compensation RangeHourly: $26.70 - $31.50 (Amount based on relevant experience, skills, and competencies.)

About This JobThe main purpose of this job is to be responsible for analyzing commercial credits by conducting comprehensive financial analysis on companies of diverse industries and sizes.

Essential Functions

• Prepare Credit Approval Summary packets (minimal to moderate complexity) manually and through Moody’s CreditLens
• Prepare financial statement spreads and other credit related items as needed (minimal to moderate complexity)
• Perform basic to moderate financial analysis on companies of diverse industries and sizes for commercial loan requests working to research and learn loan structuring and cash flow
• Research and understand basic to moderate level loan documentation and various bank systems
• Submit work for feedback and analysis
• Share beginner level knowledge with others during training and onboarding process
• Exposure to and/or performance of simple pricing worksheets for loan and relationship profitability
• Exposure to loan committee secretary function
• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Basic to intermediate knowledge of financial concepts and financial statements utilizing financial and accounting principles
• Basic to intermediate understanding of key financial metrics such as cashflow, leverage and debt service coverage
• Basic understanding of loan structure including cashflow thresholds, collateral pools, covenants and other risk mitigating techniques
• Beginner level knowledge of Moody’s CreditLens
• Motivated and organized with strong attention to detail and the ability to manage priorities with oversight
• Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
• Ability to remain adaptable and resilient to most situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
• Intermediate level proficiency with Microsoft Word, Excel and Outlook

Education & Experience

• Bachelor’s degree in a Business related field, with a preference for majors in Finance or Accounting, or equivalent combination of education and experience required
• 6 credit hours of Accounting, or related coursework and 9 credit hours of Finance, or related coursework required
• 1+ year prior credit or financial analyst experience preferred
• Must be eligible to work in the US without sponsorship now or in the future
• For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Credit Analyst job and contemplates a wide range of factors that are considered in making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $26.70 to $31.50 per hour.

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more.

Location: 1000 Walnut St, Kansas City, Missouri 64106

Time Type: Full time