Credit Analyst

INTERNATIONAL BANK OF COMMERCE; United States; On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical Plan

Employer Paid Life Insurance

Flexible Spending Program

401(k) Profit Sharing Program

Vision, Dental, Disability Tuition Assistance Program

Sick Leave

Vacation

Paid Holidays

Job summary

INTERNATIONAL BANK OF COMMERCE is hiring a Credit Analyst responsible for pre-funding audits, compliance with regulations, and preparing financial reports. This role requires a 4-year Business degree, preferably in Finance or Accounting, along with excellent communication and analytical skills.

The ideal candidate will assist in ensuring loan documentation is accurate and complete while supporting lending officers with necessary information. A full-time, in-office position located in the United States, offering comprehensive benefits including a medical plan, life insurance, and retirement programs.

Qualifications

• Bachelor's degree in Business, preferably in Finance or Accounting.
• Strong analytical skills to assess loan documentation.
• Proficiency in Microsoft Office Suite.

Responsibilities

• Perform pre-funding and post-funding audits for loans.
• Prepare financial reports for lending officers.
• Ensure compliance with bank, state, and federal regulations.
• Maintain accurate Real Estate and Credit files.

Skills

Excellent verbal and written communication skills

Good organizational skills

Critical and analytical skills

Microsoft Word proficiency

Microsoft Excel proficiency

Microsoft Outlook proficiency

Education

4-year Business degree in Finance or Accounting

Job description

IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities. IBC bank hires talented, creative and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience.

Time Type: Full time. This is an in-office position. Department: 202 Credit Administration.

Job Summary: The Credit Analyst is primarily responsible for performing Pre-Funding audits, Loan Documentation Reviews and Loan reviews, as well as other routine audits to ensure the accuracy and completeness of loan documents and bank records. Ensure loans are compliance with all State and Federal regulations.

Essential Job Functions

• Perform pre-funding and post funding audits, loan document reviews and loan reviews to ensure documents are complete and correct.
• Prepare and verify reports used to support lending officers in the decision-making process, such as financial spreads, real estate evaluations, and amortization schedules.
• Perform routine system audits on loans in the bank’s system of record to validate completeness and accuracy.
• Maintain accurate Real Estate and Credit files and prepare information for third party (examiners, auditors) as needed.
• Enter loan documentation exceptions into the collateral tracking system.
• Assist lending officers in clearing exceptions.
• Attend and participate in the Credit Quality, Executive Committee and Board meeting as required.
• Ensure the loans are in compliance with bank, state, and federal regulations.
• Other duties as assigned.

Skills

• Excellent verbal and written communication skills.
• Good organizational skills.
• Critical and analytical skills.
• Microsoft Word, Excel, and Outlook proficiency.

Education

• 4-year Business degree. Preferably in Finance or Accounting.

Benefits

• Medical Plan
• Employer Paid Life Insurance
• Flexible Spending Program
• 401(k) Profit Sharing Program
• Supplemental Benefit Programs such as Vision, Dental, Disability Tuition Assistance Program
• Sick Leave
• Vacation
• Paid Holidays