Credit Analyst - Pierre or Mitchell BankWest Locations

BankWest; Mitchell (SD); On-site; USD 60,000 - 90,000; Full time

Job summary

BankWest is seeking a Credit Analyst to support Loan Officers by evaluating credit risk for Agriculture and Commercial customers. The role involves analyzing financial information, preparing write-ups, and communicating outcomes to lenders.

Responsibilities include using Moody's Analytics, spreading cash flows, assessing collateral, and ensuring timely documentation. Strong analytical and interpersonal skills are essential for success.

Qualifications

• Bachelor's degree in a related field.
• Experience and/or certifications may substitute for degree.
• 2 years' experience in related field.
• Excellent credit/financial analytical skills.
• Knowledge of banking terminology and procedures.
• Ability to learn regulatory requirements relevant to the job.
• Strong interpersonal skills for customer communication.
• Proficiency with various banking software and outputs.

Responsibilities

• Use Moody's Analytics to assess credit worthiness of Agriculture and Commercial credits.
• Input financials, perform analyses, spread cash flows, and assess collateral.
• Prepare written credit analysis and present conclusions clearly.
• Collaborate with lending staff to complete credit documentation.
• Stay current on industry and agricultural trends for loan presentations.

Education

Bachelor's degree

Tools

Moody's Analytics Software

Job description

Scope of Job:

Support role for the Loan Officers in serving financial needs of Ag and Commercial customers. The Credit Analyst performs functions for the lending area to include preparing credit analysis and write-ups. They will analyze all financial information provided to evaluate degree of risk associated with loans while complying with established Credit Policies, Procedures, State and Federal Regulations. The Credit Analyst performs accurate analysis of credit information and careful maintenance of loan presentations.

Primary Duties:

Use Moody's Analytics Software to review, assess, and provide a third party perspective of analysis to determine the overall credit worthiness of Agriculture and Commercial credits.

Input financial information, perform comparative analysis with previous financials, spread and analyze cash flows, analyze trends, assess and validate collateral, and calculate credit risk rating. This information will be used to determine the degree of risk in extending credit.

Prepare written documentation of analysis and trend observations in the bank required format. Clearly communicate credit analysis outcomes both verbally and in writing.

Work with Lending Personnel to ensure accurate and timely completion of all credit documentation.

Stays abreast of current industry, economic, and agricultural conditions to be able to incorporate that information into loan presentations.

Secondary Duties:

Work as a team with departmental counterparts on planning and implementing assigned projects and products.

Participate on various committees and project teams as deemed appropriate by management.

Attend, actively participate in organization, job specific training offered, and Quality Service programs.

Adhere to all applicable Policies and Procedures of BankWest organization.

Community involvement is strongly encouraged.

Other duties as assigned.

Requirements

Education:

A Bachelor's Degree in a related field.

Applicable experience and/or related certifications may be considered in lieu of degree.

Experience:

2 years' experience in related field.

Knowledge and Special Skills:

Excellent credit/financial analytical skills.

Ability to work dependently and/or independently, under pressure, meet deadlines, and adjust work schedules as needed to complete job responsibilities.

Ability to organize and handle multiple responsibilities while delivering quality external and/or internal Customer Service.

Strong interpersonal skills to ensure effective communication with external and/or internal customers.

Knowledge or ability to learn regulatory requirements pertinent to performance of specified duties in job description.

Knowledge of banking terminology and procedures.

Ability to skillfully use a variety of application software, learn computer programs, and comprehend the program output.

Adhere to Federal Privacy Standards in addition to following BankWest requirements for electronic communication and Social Engineering standards.

BankWest is a "Sales Organization" and all employees are expected to participate directly or indirectly with increasing BankWest's presence in their markets as appropriate.