Junior Credit Analyst: Training in Commercial Lending & Risk

Eagle Rock Bank; Rochester (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 in Minnesota to support Commercial Lending and Credit Administration by analyzing financial information and assessing credit risk. This entry-level role offers hands-on training in commercial lending, financial statement analysis, risk assessment, cash flow analysis, and loan portfolio management.

The position is designed for recent graduates aiming to build a career in banking, with clear paths into Commercial Banking, Credit Administration, or

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.
• 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.

Skills

Analytical thinking

Problem solving

Attention to detail

Communication skills

Education

Bachelor’s degree in Accounting, Finance, Economics, or related field

Tools

Microsoft Excel

Microsoft Word

Outlook

Job description

Eagle Rock Bank is seeking a Junior Credit Analyst in Minnesota to support Commercial Lending and Credit Administration by analyzing financial information and assessing credit risk. This entry-level role offers hands-on training in commercial lending, financial statement analysis, risk assessment, cash flow analysis, and loan portfolio management.

The position is designed for recent graduates aiming to build a career in banking, with clear paths into Commercial Banking, Credit Administration, or