Credit Analyst II

First Mid Bank & Trust; Champaign (IL); On-site; USD 61,000 - 77,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) match

Employee stock purchase plan

Generous PTO

Tuition reimbursement

Job summary

First Mid Bancshares, Inc. is seeking a Credit Analyst II to perform in-depth credit analyses on commercial and agricultural lending relationships in Champaign, IL.

The role includes financial statement reviews, borrower condition assessments, and preparing credit presentations for loan officers and committees. The position requires a bachelor's degree in a related field and 3+ years of experience, with strong Excel skills and keen attention to detail.

Qualifications

• Bachelor's degree in Accounting, Finance, or Business Administration required.
• 3+ years of experience in commercial credit analysis or banking.
• Formal advanced training in Microsoft Excel preferred.

Responsibilities

• Perform credit analyses and financial statement reviews of complex loans and relationships.
• Create professional credit presentations summarizing borrowers’ financial condition and repayment capacity.
• Monitor loan requests and assign risk ratings per policies and guidelines.
• Research industry information from external sources to inform credit decisions.
• Meet with commercial customers with loan officers to understand credits and foster relationships.
• Support credit analysis through reporting, tracking, and related tasks.

Skills

Detail-oriented

Strong communication

Data analysis

Time management

Team collaboration

Education

Bachelor's degree in Accounting, Finance, or Business Administration

Tools

Microsoft Excel

Job description

Position: Credit Analyst II

Location: Champaign, IL

Job Id: 4843

Pay Range: $61,300 - $76,600 per year

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e. bonus, incentives, and/or commission). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements.

Responsible for conducting in-depth credit analyses for new and existing commercial and ag loan relationships. Conduct financial statement review for loan officers, as well as comprehensive statement spreading.

Responsibilities include, but are not limited to:

• Perform credit analyses and financial statement reviews of complex loans, industries, and commercial and ag loan relationships.
• Create professional credit presentations that summarize borrower's complex financial condition and evaluate repayment capacity and collateral coverage. Make recommendations, tied to analysis, to loan officers and/or loan committee.
• Monitor loan requests and assign risk ratings that are based on established written lending policies and regulatory guidelines.
• Research industry specific information from outside sources and provide analysis.
• Investigate all available sources of credit and financial information, including credit bureaus, Experian Business Credit, the Risk Management Association, industry trends and other companies.
• Assist with training of less tenured analysts.
• Review work of analysts and provide feedback.
• Meet with commercial customers of the Bank on a scheduled basis in conjunction with the loan officers to foster relationships and enhance the Bank's understanding of credits.
• Support other segments of Credit Analysis as assigned, such as miscellaneous loan or credit related reporting, tracking, and monitoring.
• Participate in credit-related projects and complete training associated with job function.

Education/Experience:

• Bachelor's degree in Accounting, Finance, or Business Administration and/or commensurate banking experience in a lending or credit function.
• 3+ years of experience in commercial credit analysis or banking industry.
• Formal advanced training in Microsoft Excel preferred.

Skills:

• Detail-oriented
• Strong oral and written communication skills
• Exhibits the ability to gather, consolidate, analyze and summarize data to provide well-considered recommendations on a substantially independent basis.
• Good analytical skills with high attention to detail and accuracy.
• Knowledge of regulatory requirements and expectations related to the lending function.
• Possess stronger than average self-management, time-management, organization, and multi-tasking skills.
• Comfortable in a team environment working with deadlines.

Total Rewards:

• Competitive health, dental & vision coverage with HSA match
• 401(k) with employer match + Employee Stock Purchase Plan
• Generous PTO, paid holidays & parental leave
• Tuition reimbursement & performance-based bonuses

First Mid Bancshares, Inc. is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.