Credit Analyst II

First-Independent-Bank; Marshall (MN); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health Insurance

Vision Insurance

Bank-Paid Basic Life, AD&D, Long-Term

Voluntary Life & AD&D Insurance

Paid Time Off

Paid Holidays

401(k) with Employer Match

ESOP

Job summary

First Independent Bank seeks a Credit Analyst II in Marshall, MN to analyze financial information and support lending decisions. You will prepare credit presentations with loan officers and conduct annual reviews, leveraging FINPACK, Suntell, and Excel to ensure accurate underwriting.

The role emphasizes collaboration with lenders, accurate financial analysis, and prompt customer service to help communities thrive. Prior credit analysis experience is preferred.

Qualifications

• 2–5 years of experience as a credit analyst, portfolio management, or equivalent banking role.
• AA or BA in Finance or Accounting preferred; equiv. experience considered.
• Basic understanding of tax returns; strong tax return interpretation preferred.
• High school diploma required.

Responsibilities

• Analyze financial statements and enter data into financial analysis software.
• Assess credit requests for Agricultural and Commercial loans, typically $500M to $14MM.
• Prepare credit presentations for loan committees and annual reviews.
• Perform ongoing credit management through reviews and reporting.
• Present findings and recommendations on borrower creditworthiness.
• Support training of new credit analysts and liaise with lenders on complex relationships.
• Meet with customers to gather financial information and understand operations.

Skills

Analytical skills

Problem solving

Written communication

Verbal communication

Attention to detail

Microsoft Office

Independent work

Team collaboration

Education

AA or BA in Finance/Accounting

High school diploma or equivalent

Tools

FINPACK

Suntell

Microsoft Excel

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Credit Analyst II

Full Time Marshall, MN, US

3 days ago Requisition ID: 1124

Salary Range: $65,000.00 To $90,000.00 Annually

Join a Community-Focused Bank Where Your Expertise Makes a Difference

At First Independent Bank, we're more than a place to work. We're a team that values relationships, collaboration, and helping our customers and communities thrive. As a Credit Analyst II you'll play a key role in supporting sound lending decisions while partnering with lenders and customers.

If you enjoy analyzing financial information, solving problems, building trusted relationships, and being part of a team that genuinely cares about its customers and each other, we'd love to hear from you.

Primary Purpose

The Credit Analyst is responsible for analyzing and evaluating credit information, preparing credit presentations in collaboration with loan officers for submission to loan committees, and completing annual reviews on designated loans through the collection and analysis of customer financial information.

This position also supports our commitment to providing prompt, accurate, and exceptional customer service while promoting the products and services of First Independent Bank.

What You'll Do

Credit Analysis

• Enter financial statements and related information into financial analysis software and maintain a strong working knowledge of FINPACK, Suntell, and Microsoft Excel.
• Analyze complex financial information related to new and renewal Agricultural and Commercial loan requests for requests generally ranging from $500M to $14MM.
• Assist with risk assessment for Agricultural and Commercial loan requests by conducting thorough credit analysis in accordance with bank standards and industry guidelines.
• Regularly research and analyze macroeconomic and sector-specific trends in the Agricultural and Commercial industries to accurately evaluate borrower repayment capacity and inform credit underwriting decisions.
• Prepare credit approval analysis, including evaluation of credit suitability within bank policy guidelines.
• Prepare and complete independent internal evaluations for Ag Real Estate, Ag Machinery, Commercial Real Estate, and Consumer Real Estate in accordance with bank policy and regulatory guidelines.
• Provide ongoing credit management support through quarterly and annual reviews, evaluating customer financial performance and overall financial condition.
• Present findings and recommendations regarding a customer's creditworthiness.
• Participate in ongoing and annual reviews of loans and commitments to:
  • Assign objective credit grades
  • Evaluate the adequacy of loan documentation
  • Identify existing or potential credit concerns
  • Ensure compliance with bank policies
  • Prepare written review reports
• Provide support and assist in training new credit analysts.
• Work alongside Lenders on larger and more complex lending relationships.
• Meet with customers as needed to gather financial information and better understand their business operations.

Teamwork & Customer Service

• Collaborate with lending and credit teams to support quality credit decisions and exceptional customer experiences.
• Build positive working relationships with colleagues and customers through professionalism, responsiveness, and attention to detail.
• Help promote the bank's products and services by understanding customer needs and delivering personalized support.

What We're Looking For

Education & Experience

• Minimum of 2-5 years of experience in a credit analyst, portfolio management, or similar banking position.
• Associate's Degree (AA) or Bachelor's Degree in Finance, Accounting, or a related field preferred; equivalent experience will be considered.
• Basic understanding of tax returns required; strong knowledge and interpretation of tax returns preferred.
• High school diploma or equivalent required.

Skills & Qualifications

• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills.
• Attention to detail and the ability to manage multiple priorities.
• Proficiency in Microsoft Office and Microsoft Windows applications.
• Ability to work independently while contributing to a collaborative team environment.

Why First Independent Bank?

We believe that great banking starts with great people. That's why we invest in our employees by offering meaningful work, supportive leadership, opportunities for growth, and a culture built on respect, integrity, and teamwork.

• Health Insurance
• Vision Insurance
• Bank-Paid Basic Life, AD&D, and Long-Term Disability Insurance
• Voluntary Life & AD&D Insurance
• Paid Time Off
• Paid Holidays
• 401(k) with Employer Match
• Employee Stock Ownership Plan (ESOP)

First Independent Bank is an EEO/AA employer. All qualified applicants will be considered for employment without regard to race, religion, color, sex, national origin, age, disability, veteran status, or any other characteristic protected by local, state, or federal law. Member FDIC.