Salary: $60k - 85k per year + comprehensive benefits packa
Reference: JOB-1010

Job Title: Credit Analyst II

Location: Sioux Falls, SD

Pay Rate: $60-$85k, DOE

Job Description:

Top Talent Connections is teaming up with a local community bank seeking an experienced Commercia Credit Analyst to join their collaborative team. The Commercial Credit Analyst II is responsible for collecting data from new and existing loan customers in order to perform analysis of financial information and creditworthiness and to assist in the administration of commercial loan accounts.

Key Responsibilities:

Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money
Spread appropriate financial data using CASH software program
Generate financial ratios, using computer programs to evaluate customer’s financial status
Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industry
Analyze data such as income growth, quality of management, and market share to determine expected profitability of loans
Draft credit analysis memos for annual review, new request and modification
Prepare recommendations to Commercial Loan Officer regarding loan structure terms, and conditions
Request and communicate with customers, accountants, and attorneys regarding questions on financials, business structure and other necessary documentation. Confidentiality and integrity are of the utmost importance
Coordinate the ordering of loan documentation and assist in the documentation of loans to evidence debt, including perfection of security interests
Keep informed of market and economic conditions that may impact customers and the related credit risk and other professional banking issues
Prepare and review various reports
Research industry, market, or other data as needed
Compile data for accountants as requested by Loan Officer
Complete references of customer as requested by Loan Officer
Identify opportunities to refer customers and/or potential customers to other departments for services that may meet their needs
Consult with customers to resolve complaints and verify financial and credit transactions
Perform on-site inspections at customer locations to determine customer performance

Skills and Qualifications:

Bachelor's degree in Finance, Accounting, or related field.
2+ years of similar experience required.
Strong analytical skills and attention to detail.
Proficiency in financial modeling and forecasting.
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team.
Familiarity with credit risk management software and tools.

Benefits:

Competitive salary and comprehensive benefits plan
Retirement savings plan with employer match.
Opportunities for professional development and career advancement.

Sound like a position of interest? Apply today to schedule a confidential phone interview to discuss further!

Top Talent Connections LLC

Latest Jobs

Credit Analyst II