Credit Analyst - Goshen Downtown

Lake City Bank; Warsaw (IN); On-site; USD 45,000 - 55,000; Full time

Job summary

Lake City Bank in Indiana is seeking a Credit Analyst to support the Commercial Loan Department. You will perform credit analysis, financial statement analysis, global cash flow and collateral analysis, and review financial covenants in preparation of loan submissions and credit memos.

The role requires a BS in business, finance, or accounting, proficiency with Word, Excel, and Outlook, and 6–12 months of commercial credit department training. Office-based, weekdays 8-5, on-site.

Qualifications

• B.S. in Business Administration, Finance, Accounting, or related field required.
• Proficient PC skills with emphasis on Microsoft Word, Excel, and Outlook.
• Six months to one year of formal commercial Credit Department training preferred.

Responsibilities

• Use technology available to prepare financial statement spreadsheets for further analysis.
• Analyze financial statements of prospective or existing customers as part of a new loan request, renewal or annual review.
• Assist the Commercial Banking Officers in the preparation of credit approval or review documents in accordance with loan policies.

Skills

Credit analysis

Financial analysis

Attention to detail

Education

B.S. in Business Administration, Finance, Accounting, or related field

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Duties

The Credit Analyst position performs support duties for the Commercial Loan Department including credit analysis, financial statement analysis, global cash flow and collateral analysis, collateral audits, and review of financial covenants in preparation of Loan Submissions and Credit Memos. As a Credit Analyst you will:

• Use technology available to prepare financial statement spreadsheets for further analysis.
• Analyze financial statements of prospective or existing customers as part of a new loan request, renewal or annual review.
• Assist the Commercial Banking Officers in the preparation of credit approval or review documents in accordance with loan policies.

Salary Range:

$50,000+ Annually

Office Based/ In-Person Role

Duties

The Credit Analyst position performs support duties for the Commercial Loan Department including credit analysis, financial statement analysis, global cash flow and collateral analysis, collateral audits, and review of financial covenants in preparation of Loan Submissions and Credit Memos. As a Credit Analyst you will:

• Use technology available to prepare financial statement spreadsheets for further analysis.
• Analyze financial statements of prospective or existing customers as part of a new loan request, renewal or annual review.
• Assist the Commercial Banking Officers in the preparation of credit approval or review documents in accordance with loan policies.

Qualifications Include

• B.S. in Business Administration, Finance, Accounting, or related field required.
• Proficient PC skills with emphasis on Microsoft Word, Excel, and Outlook.
• Six months to one year of formal commercial Credit Department training preferred.

Hours:

Monday - Friday 8:00-5:00

Lake City Bank has a strong office culture and values in-person collaboration. While limited flexibility may be available, team members should expect to work on-site as their primary work location.

Lake City Bank is proud to be an equal opportunity employer committed to a diverse, inclusive workplace. Employment at Lake City Bank is based solely on business needs, a person’s merit, and qualifications, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, age, protected veteran status, or any other characteristic protected by law. Lake City Bank will not tolerate discrimination or harassment based on any of these characteristics.

Applicants have rights under Federal Employment Laws