Credit Analyst – Job # 3594

BritePros Medical Staffing; Des Plaines (IL); On-site; USD 76,500 - 93,500; Full time

Job summary

BritePros Medical Staffing is seeking a Credit Analyst based in Des Plaines, IL. This role involves analyzing financial statements and assessing the creditworthiness of new commercial credit requests. You will prepare comprehensive credit analyses to facilitate loan decisions and present findings.

The position offers a salary of up to $85K and includes a benefits package. The ideal candidate has a Bachelor’s Degree and at least five years of experience in credit analysis.

Qualifications

• Five or more years of experience as a Credit Analyst required.
• Thorough knowledge of current lending and loan review regulations.
• Excellent written and verbal communication skills.

Responsibilities

• Prepare credit analyses on commercial loans for the approval process.
• Analyze complex commercial credits and submit findings.
• Prepare financial projections and stress tests.

Skills

Financial statement analysis

Credit presentation preparation

Knowledge of banking regulations

Organizational skills

Verbal communication skills

Education

Bachelor’s Degree in a related field

Tools

LaserPro software

Job description

Credit Analyst – To $85K – Des Plaines, IL – Job # 3594

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves! We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our bank client is seeking to fill a Credit Analyst role in the Des Plaines, IL area. The position is responsible for the analysis of financial statements and other relevant factors that accurately assess the credit worthiness of new commercial credit requests and identifies and mitigates key risks. This individual will present findings and recommendations in concise written reports which focus on cash flow and ability to repay and include evaluation of collateral and appropriate structure and terms. The Commercial Credit Analyst performs ongoing reviews of the financial condition of existing commercial borrowers.

The opportunity has a generous salary of up to $85K and a benefits package. (This is not a remote position).

Credit Analyst responsibilities include:

• Responsible for preparing basis and comprehensive credit analyses on commercial loans that facilitates the credit approval process for use by loan officers or committees in the making of lending decisions regarding new, renewal, and extension loans.
• Thoroughly analyzes the most complex commercial credits. Analyzing factors such as income growth, margins, trends, quality of management, market shares, industry risks and collateral assessment. Submits credit approval documents to appropriate personnel for decision making.
• Analyze & create loan presentations for the commercial loan committee.
• Assist lenders in evaluating credit proposals and proper structure.
• Grade new and existing loans.
• Prepare financial projections and stress tests.
• Present financial information to the loan committee and vote on loan presentations.
• Prepare audits on commercial loans for documentation and credit exceptions, provide recommendations. Maintain a list of ongoing loan exceptions.
• Analyze participations and present them to the loan committee.
• Administration of LaserPro software, including weekly updating of interest rates.
• Assisting with the implementation of oversight of document imaging and document tracking. Review commercial appraisals.
• Prepare real estate evaluations.
• Maintain a list of loans to be funded.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• Bachelor’s Degree in a related field of study preferred specialized financial analysis training.
• Five or more years of experience as a Credit Analyst required.
• Experienced in preparing credit presentations.
• Able to manage/process/track annual reviews of the necessary credits.
• Thorough knowledge of current lending and loan review regulations and banking regulations, procedures, and operations.
• Proficient ability to analyze and interpret financial statements.
• Excellent written and verbal communication skills.
• Strong organizational skills with an eye for detail.
• Ability to multi-task.
• Adept with spreadsheet and word processing software as well as have experience working in a digital office environment.