Credit Analyst

Bank of Sun Prairie; Town of Sun Prairie (WI); On-site; USD 65,000 - 90,000; Full time

Job summary

Bank of Sun Prairie is seeking a Credit Analyst to analyze financial statements, assess creditworthiness, and support commercial lending decisions. You will produce analyses, monitor covenants, and collaborate with lenders for sound risk management.

The role emphasizes attention to detail, regulatory knowledge, and the ability to work in a fast-paced banking environment. Strong analytical and communication skills are essential.

Qualifications

• Expertise in financial statement analysis and tax return review.
• In-depth knowledge of state and federal lending regulations.
• Strong mathematical and financial analysis skills.
• Proven ability to manage time and organize workload.
• Analytical mindset with attention to detail and problem solving.
• Leadership qualities and teamwork ability.
• Clear, concise written and verbal communication.

Responsibilities

• Analyze financial statements, credit histories, and records to assess creditworthiness.
• Prepare credit analyses, risk ratings, and underwriting recommendations.
• Monitor covenant compliance and track loan data for accuracy.
• Support loan committee with timely, well-founded analyses.
• Collaborate with lenders and borrowers to underwrite risk.

Skills

Financial analysis

Advanced math

Lending regulations

Time management

Problem-solving

Attention to detail

Leadership

Team collaboration

Communication

Job description

Description

POSITION SUMMARY

As a Credit Analyst at Bank of Sun Prairie, you’ll play a crucial role in driving the success of our commercial loan department. You’ll be responsible for analyzing financial statements, conducting credit analysis, and evaluating the risks associated with new and existing commercial relationships. Your insights will directly impact the decisions made by our lenders, helping to build and maintain strong, profitable customer relationships. This role is ideal for a detail-oriented professional who thrives in a fast-paced environment and is passionate about financial analysis and risk management.

Requirements

PRIMARY RESPONSIBILITIES

Supporting the Commercial Loan Department:

• Conduct in-depth research and analysis of public records, credit histories, and financial statements to assess creditworthiness.
• Evaluate the extension of credit by creating financial projections, analyzing historic financials, calculating risk ratings, and ensuring compliance with bank policies, procedures, and underwriting guidelines.
• Track customer financial data and covenant compliance, ensuring that loans are properly recorded once approved.
• Provide accurate and timely analysis, supporting decision-making processes with well-founded recommendations.
• Collaborate with lenders and prospective borrowers to understand and underwrite risk, contributing to the overall success of the Bank.

Ensuring Regulatory Compliance:

• Stay current with evolving federal and state lending regulations, ensuring all practices align with the latest requirements.
• Work closely with the Compliance department to ensure all loans meet regulatory standards.
• Keep informed of bank policies, underwriting guidelines, and procedures.
• Participate in ongoing training and education, including seminars and financial publications, to stay informed about changes in lending and compliance standards.
• Proactively prepare for regulatory requirements, ensuring that all necessary documentation and processes are in place.

Active Participation in Meetings:

• Attend and contribute to weekly loan committee meetings, offering insights, answering questions, and providing support.
• Take minutes during loan committee meetings and submit them to the SVP-Credit Officer.
• Participate in monthly discussions on substandard, watch reports and delinquency management.
• When requested, engage with customers or prospects as needed, bringing in new business and deepening existing relationships.

SECONDARY RESPONSIBILITIES

• Maintain knowledge of mortgage underwriting to provide support during peak times.
• Identify and recommend cross-selling opportunities to the business banker, enhancing customer relationships and driving business growth.
• Take on additional duties as assigned, contributing to the overall success of the team and bank.

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ADA

The incumbent is a position that requires sitting, standing, bending, and walking requirements. The incumbent must be able to accommodate detailed work, problem solving, customer contact, math, language, verbal and written communications, analytical reasoning, stress, multiple concurrent tasks, and constant interruptions. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary responsibilities.

WORKING CONDITIONS

This position is located in an office environment with artificial lighting and controlled heating/air conditioning. The position includes prolonged periods of working on a computer and repeating motions that may include the wrists, hands and/or fingers. The incumbent needs to occasionally move about inside the office to access file cabinets, office machinery, etc.

SKILLS

• Expertise in financial statement and tax return analysis.
• In-depth knowledge of state and federal lending regulations and bank lending policies.
• Strong aptitude for advanced math and financial analysis.
• Excellent organizational and time management skills in a fast-paced environment.
• Effective problem-solving skills and attention to detail.
• Leadership qualities and the ability to build strong team relationships.
• Strong communication skills, both verbal and written, with a focus on delivering clear and concise reports.