Credit Analyst II

First Interstate; Lincoln (NE); On-site; USD 65,000 - 75,000; Full time

Job summary

A leading bank is seeking to hire a Credit Analyst II in Lincoln, NE, responsible for evaluating creditworthiness and preparing detailed financial reports. The ideal candidate will possess strong analytical skills and relevant banking experience, alongside a Bachelor's degree in finance or related fields. Competitive benefits and a supportive work environment await at First Interstate.

Benefits

Generous Paid Time Off (PTO)

401(k) retirement plan with a 6% match

Student debt employer repayment program

Qualifications

• Requires 1-3 years of experience in a similar role.
• 7-9 years of banking experience or equivalent education preferred.
• Commercial banking experience is an advantage.

Responsibilities

• Reads and analyzes various financial statements.
• Prepares financial spreads for commercial applications.
• Authors comprehensive reports using data analysis and narrative.

Skills

Organization

Verbal Communication

Analytical Skills

Problem-Solving

Time Management

Education

Bachelor's Degree in Business, Finance, or related field

Tools

Microsoft Office Suite

Financial Spread Software

Job description

Join to apply for the Credit Analyst II role at First Interstate

1 week ago Be among the first 25 applicants

Join to apply for the Credit Analyst II role at First Interstate

• If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
  
  
  

• If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
  
  
  

This position can be located at our Lincoln Downtown and Omaha, NE 93rd & W. Dodge branch.

What’s Important To You

We know your career is just one aspect of a meaningful, complex, and demanding life. That’s why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Student debt employer repayment program.
• 401(k) retirement plan with a 6% match.
• The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve, and why we want YOU to be a part of it.
  
  
  

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

Summary

The Credit Analyst II collaborates with relationship managers in gathering and evaluating commercial credit related information on current and prospective customers by preparing written reports of analysis which include in-depth analysis of financial statements, historical and projection-based cash flow and ratio analysis, suggested credit structure, general industry analysis and identified risks.

Essential Duties And Responsibilities

• Reads, reviews, and understands various financial statements to include but not limited to; tax returns, balance sheets, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, credit bureau reports, rent rolls, lease agreements, and appraisals.
• Prepares financial spreads for various types of commercial and real estate businesses, municipalities, non-profits, and individuals acting as direct obligation borrowers or guarantors.
• Analyzes credit worthiness of commercial applicants and guarantors as appropriate by reviewing the loan application, spreading historical and projection based financial statements, calculating cash flows, leverage, and liquidity ratios, evaluating collateral, conducting research on the borrower(s) and key industries, and identifying risks.
• Analyzes findings and authors a comprehensive report of analysis using a mix of data analysis (charts, formulas, graphs, etc.) and written narrative.
• Evaluates credit quality and suggests proper risk rating based on analysis of most recent financial information.
• Possesses proficiency relative to credit transactions and analytical skills sufficient to enable independent underwriting of commercial requests for streamlined to complex requests with limited guidance from immediate manager.
• Ensures compliance to applicable regulations and keeps up-to-date with changes in federal regulations and FIB credit policy requirements.
• Assists the Relationship Manager in the preparation of reports for quarterly monitoring of classified and criticized commercial relationships.
• Completes financial performance metric covenant testing utilizing prepared financial spreads.
• Participates in a quality control program that provides for the monthly review of general forms, spreads, and analysis with the provision of feedback and mentoring.
  
  
  

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Knowledge, Skills And Abilities

• Strong organization and time management skills.
• Excellent written and verbal skills.
• Able to develop and maintain internal and external relationships with individuals such as Relationship Managers, Credit Officers, and Risk Management Personnel.
• Able to work in a fast-paced environment, set priorities, and establish and meet strict deadlines with the flexibility to adapt quickly to changing priorities.
• Self-motivated and possess the ability to assist with credit risk decisions.
• Strong analytical and problem-solving skills, as well as an attention to detail.
• Able to prioritize and work with others in an integrated way to achieve individual objectives and team results with flexibility to adapt to changing volumes, requirements, and areas of focus.
• Proficiency with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
• Able to acclimate quickly to other programs.
• Experience with financial spread software.
  
  
  

Education And/Or Experience

• Bachelor's Degree in Business, Finance, or related field required or
• 7-9 years of banking experience and/or equivalent combination of education and experience required
• 1-3 years experience in a similar position required
• Commercial banking experience preferred
  
  
  

PHYSICAL DEMANDS AND WORKING ENVIRONMENT

The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

• Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
• Lifting - Occasionally (up to 10 lbs)
• Sitting - Frequently
• Overtime - Subject to business need
• Noise Level - Moderate
• Typical Work Hours - M-F (8-5)
• Regular and Predictable Attendance - Required
• If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

Referrals increase your chances of interviewing at First Interstate by 2x

Sign in to set job alerts for “Credit Analyst” roles.

Financial Analyst II/ Staff Accountant (Lincoln, NE or Draper, UT)

Lincoln, NE $65,000.00-$75,000.00 1 week ago

Lincoln, NE $60,000.00-$70,000.00 1 week ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.