Credit Analyst: Commercial Lending & Cash Flow

Deerwood Bank; Baxter (MN); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

Life insurance

PTO

401(k) with company match

Job summary

Deerwood Bank in Baxter, MN is seeking a Credit Analyst to support the commercial banking process. You will analyze financial statements, prepare credit analyses, and assist lenders with underwriting decisions, including cash flow and projections.

The role involves collaborating with Business Bankers, monitoring loan covenants, and contributing to risk assessment while leveraging data tools and reporting to optimize credit decisions.

Qualifications

• College degree in business, accounting, finance or comparable employment experience.
• Formal credit/cash flow analysis training, and well-developed credit analysis and analytical skills.
• Strong interpersonal skills and teamwork.
• Attention to detail and analytical abilities.
• Understanding of economics, finance, accounting and GAAP.
• Ability to discuss financial and collateral issues with Business Bankers and customers.

Responsibilities

• Spread and analyze interim and year-end financial statements and tax returns for credit risk assessment.
• Prepare commercial loan analyses with major trends and issues for lenders.
• Collaborate with Business Bankers to ensure accurate financial information is processed and shared.
• Monitor loan covenants and reporting requirements and check compliance.
• Coordinate with staff to ensure timely month-end reporting.
• Assist in presenting risk analyses and credit proposals to committees.

Job description

Deerwood Bank in Baxter, MN is seeking a Credit Analyst to support the commercial banking process. You will analyze financial statements, prepare credit analyses, and assist lenders with underwriting decisions, including cash flow and projections.

The role involves collaborating with Business Bankers, monitoring loan covenants, and contributing to risk assessment while leveraging data tools and reporting to optimize credit decisions.