Credit Analyst - 4064

Midstates Bank; Council Bluffs (IA); On-site; USD 52,000 - 78,000; Full time

Job summary

Midstates Bank in Council Bluffs, IA is seeking a Credit Analyst to provide administrative loan support and financial services to Commercial, Agricultural and Consumer clients. You will prepare financial analyses and credit memoranda for loans and assist loan officers with coverage and policy adherence.

The role emphasizes strong communication, analytical thinking, and teamwork to support business development, collections, and accurate loan closings.

Qualifications

• Requires a 2-year degree in business or related field, or equivalent experience.
• Strong credit analysis and financial statement skills.
• Experience with loan documentation and memorandum writing is preferred.

Responsibilities

• Prepare financial analyses and credit memoranda for commercial and agricultural clients.
• Assist branches with credit analysis coverage and adherence to loan policy.
• Support loan officers and clients with financial guidance and documentation.

Skills

Communication

Analytical skills

Web Equity

MS Office

Interpersonal skills

Team orientation

Education

2-year degree in Business Administration or related discipline

Tools

Web Equity

Microsoft Office

Job description

Job Location:

This position is fully onsite at our Council Bluffs, Iowa location.

Job Purpose:

The primary role of the Credit Analyst is to provide administrative loan support for Commercial Loan Officers. In addition, this position will provide financial services to Commercial, Ag and Consumer clients. This position will perform assigned duties in accordance with Midstates Bank's Core Values and will adhere to Quality Service Standards.

Essential Functions:

• Prepares financial analysis through Web Equity software program on Commercial and Ag clients and make recommendations to lenders. This will include preparing credit memorandum write-ups on loan credits to be presented to loan committees.
• Assists other branches with credit analysis coverage as needed.
• Maintains a full understanding of Midstates Bank Loan Policy and credit culture. Prepares credit memorandum write-ups in accordance with Loan Policy.
• Provides financial services to Commercial and Ag clients. Advises clients, where possible, concerning business management and financial matters.
• Supports business development efforts including joint sales calls with loan officers.
• Supports collection efforts on trouble loans including inspections of properties, client consultations, loan modifications, etc.
• Assists Loan Administrator in performing their function when necessary to ensure files are complete, documentation is accurate, and loan closings happen as scheduled.
• Participates in civic activities to promote growth and development of the community and a positive image for the bank.
• Other duties as assigned.

Skills/Qualifications:

Strong communication and analytical skills; strong computer skills including Web Equity and Microsoft Office products; good interpersonal skills and team orientation.

Education:

2-Year College Degree in Business Administration or related discipline or equivalent combination of course work and work experience.

Experience:

Accounting or bookkeeping experience in formation of financial statements and cashflows. Previous bank experience preferred.