Credit Analyst: Commercial Lending & Cash Flow Analysis

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

Benefits offered by this job

Medical insurance

Vision insurance

401(k) with company match

Paid holidays

PTO

Job summary

Deerwood Bank in Baxter, MN is hiring a Credit Analyst to support commercial underwriting with research, cash flow analysis, and presentation preparation. The role emphasizes accuracy, timely reporting, and collaboration with Business Bankers.

The position requires a college degree in business, accounting or finance and solid analytical skills. Knowledge of SBA 504/7(a) and risk mitigation is desired. Opportunity to grow into more complex analyses exists.

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 with demonstrated excellence in working effectively as an individual and as part of a team.

Responsibilities

• Spread and analyze interim and year-end financial statements, borrowing base certificates, personal financial statements and tax returns, ensuring timely completion of required reports.
• Assist in the preparation of written commercial loan analyses identifying major trends and issues for lenders.
• Work with Business Bankers to ensure financial information from clients is processed and distributed accurately and timely.
• Monitor loan covenants and reporting requirements; check covenant compliance as statements are received.
• Coordinate with staff to ensure timely month-end reporting.
• Develop the ability to analyze increasingly complex companies and industries and participate in credit approval presentations.
• Learn SBA 504 and 7(a) loan parameters and other risk mitigation programs like USDA.
• Suggest improvements to optimize data usage for risk analysis and create efficiencies using AI and other tools.
• Assist Chief Credit Officer with reporting to committees and the Board as needed.
• Perform other duties as assigned.

Skills

Credit analysis

Interpersonal skills

Attention to detail

Time management

Analytical skills

Education

Bachelor's degree in business, accounting or finance

Tools

Microsoft Office Suite

Financial spreadsheet software

Job description

Deerwood Bank in Baxter, MN is hiring a Credit Analyst to support commercial underwriting with research, cash flow analysis, and presentation preparation. The role emphasizes accuracy, timely reporting, and collaboration with Business Bankers.

The position requires a college degree in business, accounting or finance and solid analytical skills. Knowledge of SBA 504/7(a) and risk mitigation is desired. Opportunity to grow into more complex analyses exists.