Credit Analyst - To 85K - Des Plaines, IL - Job 3594

The Symicor Group; Des Plaines (IL); On-site; USD 76,500 - 93,500; Full time

Job summary

A boutique talent acquisition firm is seeking a Credit Analyst in Des Plaines, IL. The position involves assessing the creditworthiness of commercial credit requests and requires at least five years of relevant experience, proficiency in financial analysis, and strong communication skills. The salary is up to $85K with a comprehensive benefits package.

Qualifications

• 5+ years as a Credit Analyst required.
• Proficiency with Excel and other digital office tools.
• Thorough knowledge of lending and banking regulations.

Responsibilities

• Analyze financial statements for creditworthiness.
• Prepare credit analyses for commercial loans.
• Present financial reports to loan committees.

Skills

Financial statement analysis

Credit presentations

Communication skills

Organizational skills

Multitasking

Education

Bachelor’s Degree in related field

Tools

LaserPro software

Job description

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

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our unique value proposition centers around providing the best available banking and accounting talent, with most of our recruiters being former bankers or accountants.

We excel at evaluating top banking and accounting talent. Whether you're a candidate seeking a new opportunity or a bank or company president looking to fill a key position, The Symicor Group is ready to deliver premium results.

The Position

Our bank client seeks a Credit Analyst in Des Plaines, IL. The role involves analyzing financial statements and other relevant data to assess the creditworthiness of commercial credit requests, identifying and mitigating key risks. The analyst will present findings and recommendations in concise reports focusing on cash flow, repayment ability, collateral, and loan structure. Ongoing reviews of existing commercial borrowers' financial conditions are also required.

This position offers a salary up to $85K and a benefits package. (This is not a remote position).

Responsibilities include:

• Preparing detailed credit analyses for commercial loans to facilitate approval processes.
• Analyzing complex credits considering income, margins, trends, management quality, market share, industry risks, and collateral.
• Creating loan presentations for the commercial loan committee.
• Assisting lenders in evaluating credit proposals and structuring loans appropriately.
• Grading new and existing loans.
• Preparing financial projections and stress tests.
• Presenting financial information to the loan committee and participating in loan decisions.
• Conducting audits on commercial loans, documenting credit exceptions, and maintaining a list of ongoing exceptions.
• Analyzing participations and presenting findings to the loan committee.
• Administering LaserPro software, including weekly interest rate updates.
• Supporting document imaging and tracking, reviewing commercial appraisals.
• Maintaining a list of loans to be funded.

Who Are You?

You seek to influence your development and pursue your passions. You view a job title as a starting point, not a final definition of your identity.

Ideal skills and experience include:

• Bachelor’s Degree in a related field or specialized financial analysis training (preferred).
• Five or more years of experience as a Credit Analyst.
• Experience preparing credit presentations.
• Ability to manage and track annual credit reviews.
• Thorough knowledge of lending, loan review, banking regulations, procedures, and operations.
• Proficiency in analyzing and interpreting financial statements.
• Excellent communication skills, both written and verbal.
• Strong organizational skills with attention to detail.
• Ability to multitask effectively.
• Proficiency with spreadsheets, word processing, and digital office tools.

The next step is yours. Email your current resume and the position you are considering to: