Junior Credit Analyst - Training in Commercial Lending

Eagle Rock Bank; Jordan (MN); On-site; USD 36,000 - 46,000; Full time

Benefits offered by this job

Medical Dental Vision

Paid Time Off

Life Insurance

Short Term and Long Term Disability

Flexible Spending Accounts

401k Retirement Savings Plan

Employee Referral Program

Educational Assistance

Employee Birthday Pay

Employee Wellness Allowance

Job summary

Eagle Rock Bank is seeking a Junior Credit Analyst to support the Commercial Lending and Credit Administration teams. You will analyze financial information, assess credit risk, prepare loan presentations, and monitor existing credit relationships.

This entry-level role is designed for recent graduates aiming to build a banking career in commercial credit and financial analysis. The program includes hands-on training in financial statement analysis, cash flow assessment, risk analysis,

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• Strong analytical and problem-solving abilities, with the ability to interpret financial statements and identify key trends.
• Strong attention to detail and commitment to accuracy.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Excel, Word, Outlook, and other business software.

Responsibilities

• Analyze financial statements, tax returns, personal financial statements, and supporting documentation for commercial loan requests.
• Spread financial statements and assess cash flow, debt service capacity, liquidity, leverage, and repayment ability.
• Evaluate collateral, including real estate, equipment, inventory, accounts receivable, and other pledged assets.
• Assist in the preparation of credit approval memorandums, loan presentations, and real estate evaluations.
• Assist in assigning and reviewing internal risk ratings.
• Complete annual reviews of existing borrowing relationships.
• Monitor covenant compliance and track receipt of required financial information.
• Assist with borrowing base reviews, collateral monitoring, and accounts receivable analysis.
• Review appraisals, title work, environmental reports, UCC filings, and other due diligence items.
• Complete collateral inspections.
• Work closely with Commercial Bankers to obtain financial information and support customer relationships.
• Participate in client meetings and site visits as appropriate.
• Assist with special projects, reporting, and other duties as assigned.

Skills

Financial analysis

Credit analysis

Excel

Attention to detail

Communication

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Excel

Job description

Eagle Rock Bank is seeking a Junior Credit Analyst to support the Commercial Lending and Credit Administration teams. You will analyze financial information, assess credit risk, prepare loan presentations, and monitor existing credit relationships.

This entry-level role is designed for recent graduates aiming to build a banking career in commercial credit and financial analysis. The program includes hands-on training in financial statement analysis, cash flow assessment, risk analysis,