Credit Analyst I: Underwriting & Financial Analysis

First Merchants Corporation; Indianapolis (IN); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Base Pay PLUS Bonuses

Medical, Dental and Vision Insurance

401k

Health Savings and Flexible Spending

Vacation/Sick Time

Paid Holidays

Paid Parental Leave

Tuition Reimbursement

Additional Benefits

Job summary

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

As part of this role you will handle cash flow analyses, prepare credit decision summaries, and assign risk ratings. You will review appraisals, use spreading software and loan systems, and participate in loan committees as needed.

Qualifications

• Bachelor's degree required.
• Bachelor's degree in accounting, finance, or business is a plus or completion within current semester.

Responsibilities

• Perform accurate credit analyses within required timelines and standards.
• Complete credit monitoring functions for designated portfolio including financial statement review.
• Assign call codes, NAICS codes, risk grades, and risk rating scores.
• Review appraisals and real estate evaluations.
• Utilize financial spreading software and loan systems.
• Attend and participate in loan committees as requested.

Skills

Credit analysis

Cash flow analysis

Underwriting

Financial spreading

Risk assessment

Loan committee participation

Education

Bachelor's degree

Accounting/Finance/Business degree (or completion)

Tools

Spreading software

Loan systems

Job description

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

As part of this role you will handle cash flow analyses, prepare credit decision summaries, and assign risk ratings. You will review appraisals, use spreading software and loan systems, and participate in loan committees as needed.