Credit Analyst

Midwest BankCentre; St. Louis (MO); On-site; USD 60,000 - 90,000; Full time

Job summary

Midwest BankCentre in St. Louis, MO, is seeking a Credit Analyst to provide analytical support for commercial banking. You will independently analyze creditworthiness, review financial statements, and perform due diligence to determine risk in extending credit.

The role involves cash flow analysis, trend evaluation, and assisting in credit approvals, portfolio monitoring, and maintaining up-to-date statements and compliance certificates. Strong communication and teamwork are essential.

Qualifications

• Bachelor's Degree in finance, accounting or other business-related field or equivalent experience.
• Basic knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
• Use of logic and reasoning to identify strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
• Knowledge of generally accepted accounting principles and ability to read a financial statement.
• Strong written and verbal communication and presentation skills.
• Interact effectively with others to establish and maintain smooth working relations.
• Ability to prioritize and multi-task in a fast-paced environment.
• Strong organizational skills, detail-oriented, efficient, and able to maintain high accuracy.
• Ability to work as a member of a team to produce needed outcomes and meet deadlines.
• Proficient in Microsoft Outlook and Microsoft Suite including Word and Excel.

Responsibilities

• Analyze and spread business financial statements and produce cash flow analysis for loans.
• Analyze historic trends in the Borrower’s repayment capacity and evaluate strengths/ weaknesses.
• Assist in the preparation of credit approval forms, annual and quarterly reviews, and accurate risk ratings.
• Assist in ongoing management and monitoring of commercial loan portfolio.
• Ensure financial statements and compliance certificates are up to date.
• Maintain knowledge of borrowers and collateral through financial research including third party data.

Skills

Economic & accounting knowledge

Logic & problem solving

GAAP & financial statements

Communication skills

Interpersonal skills

Multitasking

Organization & detail orientation

Teamwork

MS Office proficiency

Education

Bachelor's Degree in finance, accounting or other business-related field

Tools

Microsoft Outlook

Microsoft Word

Excel

Job description

The Credit Analyst provides analytical support for commercial banking, including an independent analysis of creditworthiness of customers and prospects. The position analyzes current credit data, financial statements, and necessary due diligence data of individuals or companies to determine the degree of risk involved in extending credit or lending money.

• Analyze and accurately spread business financial statements and produce cash flow analysis utilized in support of new and existing commercial loans, renewal requests, and amendments.
• Analyze and identify pertinent historic trends in the customer’s business, and evaluate strengths and weaknesses in a Borrower’s repayment capacity.
• Assist in the preparation of credit approval forms, annual and quarterly reviews, and accurate and timely risk ratings.
• Assist in the ongoing management and monitoring of commercial loan portfolio.
• Ensure certain financial statements and compliance certificates are up to date.
• Maintain in-depth knowledge of the soundness of borrowers and collateral through financial research including evaluating financial statements and analyzing third party data.

Other Duties

• Customer Centric Focus
• Diversity and Inclusion
• Act with Integrity
• Collaboration and Teamwork
• Results Oriented/Execution
• Business Acumen

Skills & Qualifications

• Bachelor's Degree in finance, accounting or other business-related field required or equivalent experience.
• Basic knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
• Use of logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
• Knowledge of generally accepted accounting principles and ability to read a financial statement.
• Must possess strong written and verbal communication and presentation skills.
• Interact effectively with others to establish and maintain smooth working relations.
• Ability to prioritize and multi-task in a fast-paced environment.
• Strong organizational skills, detail-oriented, efficient, and ability to maintain a high degree of accuracy.
• Ability to work as a member of a team to produce needed outcomes and meet deadlines.
• Proficient in Microsoft Outlook and Microsoft Suite including Word and Excel.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Why Join Us:

• Community Focus: Be part of a community bank that values and actively supports the St. Louis area.
• Competitive Compensation: We offer a comprehensive salary and benefits package.
• Professional Growth: Opportunities for continuous learning and development.
• Impactful Work: Play a key role in shaping the credit strategy and success of our organization.
• Collaborative Culture: Work in a supportive and dynamic environment that values teamwork and innovation.

Equal Opportunity Employer

Midwest BankCentre is an equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities.

We thank all applicants in advance for their interest in this position and Midwest BankCentre. Only applicants selected for an interview will be contacted.