Credit Analyst – Job # 3800-146965

Symicor Group; Aurora (IL); On-site; USD 54,000 - 90,000; Full time

Job summary

The Symicor Group is recruiting a Credit Analyst for a North Aurora, IL bank client. The role evaluates financial statements to determine creditworthiness of commercial requests and mitigates key risks. It requires presenting findings with a focus on cash flow, repayment ability, collateral and loan structure.

The opportunity offers a salary up to $90K and a comprehensive benefits package. This is not a remote position, and candidates should be prepared to work on-site in North Aurora.

Qualifications

• Bachelor’s Degree in a related field preferred.
• 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.

Responsibilities

• Prepare basis and comprehensive credit analyses on commercial loans for loan officers/committees.
• Analyze factors such as income growth, margins, trends and collateral assessment.
• 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.

Skills

Credit analysis

Financial statement analysis

Credit presentations

Regulatory knowledge

Communication skills

Education

Bachelor’s Degree in a related field

Tools

Excel

Word

Job description

Credit Analyst - To $90K - North Aurora, IL - Job # 3800-146965

Who We Are:

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 North Aurora, IL area. The position is responsible for the analysis of financial statements and other relevant factors that accurately assess the creditworthiness of new commercial credit requests and identify and mitigate key risks. This individual will present findings and recommendations in concise written reports that 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 $90K 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.


• 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.