Credit Analyst I

Community State Bank, Avilla IN; Fort Wayne (IN); On-site; USD 30,000 - 39,000; Full time

Job summary

Community State Bank is seeking a Full-Time Credit Analyst I to join our Fort Wayne, Indiana Commercial Credit team. The role focuses on assessing credit risk for commercial loan applications and monitoring the bank's portfolio to ensure accurate loan grades and timely reviews.

You will perform cash flow and ratio analyses, help with construction loan monitoring and draw reviews, and support the credit department's projects. Strong knowledge of lending disciplines is valued.

Qualifications

• Assess credit risk for commercial loan applications and monitor the bank's commercial loan portfolio to ensure accuracy and timeliness of loan grades.
• Perform financial spreads, cash flow and collateral calculations as needed.
• Assist with construction loan monitoring and draw review within policy and procedures.
• Become familiar with lending disciplines and CSB credit processes to support the credit team.

Responsibilities

• Monitor Annual Review tracking and complete annual reviews for the commercial loan portfolio.
• Monitor Borrowing Base tracking and process updates to line of credit availability.
• Monitor Financial Covenant tracking for the commercial loan portfolio and perform calculations.
• Monitor Marketable Securities tracking and process margin calls.
• Complete the review of commercial appraisals under $1MM in lending reliance.
• Perform construction draw reviews for assigned commercial construction loans per policy and budgets.
• Review borrower draw requests for completeness and consistency with budgets and loan agreements.
• Identify, document, and elevate exceptions or potential risk concerns related to construction progress or use of proceeds.
• Collaborate with loan operations and lending staff to ensure timely processing of draws.
• Maintain documentation to support internal controls, audit, and regulatory review.

Job description

Community State Bank is seeking a Full-Time Credit Analyst I to join our Fort Wayne, Indiana Commercial Credit team. Community State Bank offers a competitive compensation and benefits package and a positive, team-oriented environment.

Job Title: Credit Analyst I
Reports To: Credit Department Manager
Supervises: None
Division: Credit
FLSA Classification: Non-Exempt
Pay Rate: Hourly

Position Purpose: The Credit Analyst I is primarily responsible for assessing credit risk for commercial loan applications and monitoring the Bank’s existing commercial loan portfolio thereby ensuring the accuracy and timeliness of loan grades. Additionally, this role may be responsible for assisting with commercial construction loan monitoring and draw review.

Essential duties include, but are not limited to

CSB Cultural Expectations

• Commit to learning, integrating, and modeling CSB’s ‘I CREATE’ core values: Integrity, Communication, Respect, Encouragement, Accountability, Trust, and Equality
• Align to bank-wide vision, mission, and business objectives.
• Commit to continuous personal and professional growth in the areas of teamwork, customer service, and job specific competencies.

Credit Administration Expectations

• Monitor Annual Review tracking and complete annual reviews for the commercial loan portfolio.
• Monitor Borrowing Base tracking and process updates to line of credit availability.
• Monitor Financial Covenant tracking for the commercial loan portfolio and perform calculations.
• Monitor Marketable Securities tracking and process margin calls.
• Complete the review of commercial appraisals under $1MM in lending reliance.
• Perform financial spreads as needed.
• Perform cash flow/collateral calculations as needed.
• Perform floor plan checks on a periodic basis.
• Assist other credit department team members on an as needed basis.
• Meaningfully contribute to credit team projects on an as needed basis.

Credit Underwriting Expectations

• Become familiar with C&I, IRE, Individual, and Agribusiness lending disciplines.
• Prepare low complexity Commercial Loan requests ensuring (i) the loan request adheres to the Bank’s Loan Policy and exceptions are properly mitigated, (ii) that key risks within the transaction are understood and properly mitigated, and (iii) the borrowing relationship is properly graded.
• Become a subject matter expert on CSB Policy & Procedures as well as all other CSB credit processes.
• Assist credit department team members in the preparation of new Commercial Loan requests that are being submitted to loan committees.
• Assist Loan officers in the analysis of loan requests or for situational analysis.

Commercial Construction Loan Monitoring and Draw Review Expectations

• Perform construction draw reviews for assigned commercial construction loans in accordance with Bank policy, approved budgets, and loan documentation.
• Review borrower draw requests for completeness and consistency with the approved construction budget and prior advances.
• Reconcile draw requests to approved budgets, inspection reports, and loan agreement requirements.
• Review third-party inspection reports, lien waivers, and supporting documentation to assess consistency with reported construction progress.
• Identify, document, and elevate exceptions, variances, or potential risk concerns related to construction progress, cost overruns, or use of proceeds.
• Collaborate with loan operations and lending staff to support timely and accurate processing of approved construction draws.
• Maintain appropriate documentation to support internal controls, audit, and regulatory review.

Compliance/Other Expectations

• Be fully trained and knowledgeable in all compliance-related areas of CSB including, but not limited to: BSA, OFAC, etc.
• Perform other duties as assigned

Physical Demands

• Frequent sedentary work that primarily involves sitting.
• Occasional standing and walking.
• Frequent repetitive motions that include the hands and/or fingers.
• Constant operation of a computer and other office productivity machinery, such as a calculator, copy machine, phone, and printer.
• Occasional lifting of up to 10 pounds.
• Constant written and verbal communication with others to exchange information.
• Constant state of awake and alertness.
• Occasional need to speak to groups of people.
• Constant ability to report in-person regularly and consistently at job site.
• Constant ability to distinguish colors and clearly view close up written materials.
• Constant exposure to moderate background noise (keyboards, telephones, printers, talking, etc.).
• Occasional need to travel to other bank locations or various types of client business locations.
• Occasional exposure to outdoor weather for up to a few hours at a time.

Community State Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.