Credit Analyst I - Investment Real Estate

First Merchants Corporation; Indianapolis (IN); On-site; USD 52,000 - 70,000; Full time

Benefits offered by this job

Bonuses

Medical Insurance

Dental Insurance

Vision Insurance

401k

HSA & FSA

Vacation/Sick Time

Paid Holidays

Tuition Reimbursement

Additional Benefits

Job summary

First Merchants Bank is seeking a Credit Analyst I - Investment Real Estate to join our team. The role performs credit analysis, underwriting, and ongoing monitoring of the commercial loan portfolio to support sound lending decisions.

You will review financial statements, run cash flow analyses, and participate in loan committees, while applying bank standards and processes. A bachelor’s degree is required, with preferred coursework in accounting, finance, or business.

Qualifications

• Bachelor's degree required.
• Experience with credit analysis and underwriting preferred.
• Familiarity with cash flow and financial statement analysis.

Responsibilities

• Perform accurate, timely credit analyses for commercial lending.
• Underwrite and monitor real estate loan portfolios.
• Spread financials, review statements, and test covenants.
• Assign risk grades and support loan committee discussions.
• Review appraisals and real estate evaluations.

Skills

Credit analysis

Cash flow analysis

Financial statement analysis

Risk rating

Education

Bachelor's degree

Accounting/Finance/Business degree

Tools

Spreading software

Loan system

Financial modeling

Job description

First Merchants Bank is seeking a Credit Analyst I - Investment Real Estate to join our team! This position will perform credit analysis, underwriting and monitoring of the commercial loan portfolio.

As Part Of This Role You Will

• Complete accurate, unbiased credit analyses within required timelines and according to standards including cash flow analysis, credit decision summary preparation and credit processes.
• Complete credit monitoring functions for designated portfolio including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring and annual credit reviews.
• Assign call codes, NAICS codes, risk grade and risk rating score data accurately.
• Review appraisals and real estate evaluations.
• Use of financial spreading software, loan system, cash flow analysis and other credit systems and tools
• Attend and participate in loan committees as requested.

To be successful in this position, we require the following

• Bachelor’s degree.

The Following Would Be a Plus

• Bachelor’s degree (or completion within current semester) in accounting, finance, or business.

First Merchants Offers The Following

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

A Little About Us

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision Is

To enhance the financial wellness of the diverse communities we serve.

Our Mission Is

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."