Credit Analyst - Pierre or Mitchell BankWest Locations

BankWest - South Dakota; Mitchell (SD); On-site; USD 65,000 - 90,000; Full time

Job summary

BankWest – South Dakota is seeking a Credit Analyst to support Loan Officers in agricultural and commercial lending. You will analyze financial information, prepare credit write-ups, and communicate risk assessments while adhering to Credit Policies and regulatory requirements.

The role requires a Bachelor’s degree and at least two years of related experience, with strong analytical and communication skills to contribute to sound credit decisions.

Qualifications

• Bachelor's degree required or applicable experience/certifications in lieu of degree.
• Two years' experience in a related field.
• Excellent credit/financial analytical skills.

Responsibilities

• Prepare credit analyses and write-ups for lending to Agriculture and Commercial customers.
• Input financial information, spread and analyze cash flows, assess risk and determine credit worthiness.
• Communicate credit analysis outcomes clearly, both verbally and in writing.
• Collaborate with Lending Personnel to complete credit documentation accurately.

Skills

Credit analysis

Financial statement analysis

Cash flow analysis

Communication skills

Interpersonal skills

Regulatory knowledge

Time management

Attention to detail

Education

Bachelor's Degree in related field

Tools

Moody's Analytics

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.