Credit Analyst II

First Mid Bancshares, Inc.; Champaign (IL); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Health insurance

Dental & Vision coverage

HSA match

401(k) with employer match

Employee Stock Purchase Plan

Generous PTO

Paid holidays

Parental leave

Tuition reimbursement

Performance-based bonuses

Job summary

First Mid Bancshares, Inc. is seeking a credit analyst to conduct in-depth analyses for commercial and agricultural loan relationships in Champaign, IL.

You will review financial statements, spread key figures, and prepare professional credit presentations for loan officers and committees. The role requires a Bachelor's degree in Accounting, Finance, or Business and 3+ years in commercial credit; strong Excel; detail orientation and clear communication.

Qualifications

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

Responsibilities

• 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 financial condition and evaluate repayment capacity and collateral coverage.
• Monitor loan requests and assign risk ratings based on lending policies and regulatory guidelines.
• Research industry information and provide analysis.
• Assist with training of less tenured analysts.
• Review work of analysts and provide feedback.
• Meet with commercial customers with loan officers to foster relationships and enhance credit understanding.
• Support other credit analysis tasks and related reporting.

Skills

Detail-oriented

Strong oral and written communication

Data analysis

Regulatory knowledge

Self-management

Time-management

Education

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

Tools

Microsoft Excel

Job description

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 writtenlending 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.

Qualifications

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
• GenerousPTO, 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.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT