Credit Analyst

We are seeking a detail-oriented and analytical Credit Analyst to join our financial team. In this pivotal role, you will be responsible for assessing creditworthiness, analyzing financial data, and providing insights that guide lending decisions. The ideal candidate will possess strong quantitative analysis skills and a deep understanding of financial concepts, allowing them to evaluate risk effectively and contribute to the overall financial health of the organization.

Responsibilities

• Conduct comprehensive quantitative analysis to assess the creditworthiness of potential clients.
• Perform cash flow analysis to evaluate the financial stability and repayment capacity of borrowers.
• Oversee loan processing activities, ensuring compliance with internal policies and regulatory requirements.
• Utilize financial software to gather and analyze data for accurate reporting and forecasting.
• Prepare detailed financial reports which include in-depth analysis of financial statements, historical and projection-based cash flow and ratio analysis, suggested credit structure, general industry knowledge and identified risks that summarize findings and provide recommendations for lending decisions.
• Collect and analyze data relevant to credit assessments, including tax returns and other financial documents.
• Possesses proficiency relative to credit transactions and analytical skills sufficient to enable independent and collaborative underwriting of commercial requests.
• Ensures compliance to applicable regulations and keeps up to date with changes in federal regulations and internal credit policy requirements.
• Complete problem loan reports.
• Evaluate credit quality, suggesting loans be upgraded or downgraded based on most recent information.
• Makes recommendations regarding bad debt or write-offs.
• Contributes to moderately complex aspects of a project.
• Lead by example to live the core values of IMPACT, INTEGRITY and INNOVATION where all team members are respected, customers are served at a high level and community banking is.
• Demonstrate use of the culture tenets, taking the initiative be a contributor on your team and to assist others.

Requirements

• Bachelor’s degree with a major in Finance, Business, Economics or Accounting or a related field preferred.
• Proven experience in credit analysis or a related field, with a strong understanding of financial concepts.
• Proficiency in quantitative analysis techniques and cash flow analysis methodologies.
• Knowledge of commercial, construction, real estate and consumer loan processing procedures and related documentation requirements preferred.
• Experience using financial software for data collection, reporting, and forecasting purposes.
• Strong financial acumen with the ability to interpret complex financial statements, tax returns and reports.
• Knowledge of related state and federal lending and compliance regulations, and other Bank lending policies.
• Excellent written communication skills for effective financial report writing.
• Ability to work independently as well as collaboratively within a team environment.
• Analytical and detail-oriented mindset with strong organizational skills to manage multiple projects effectively.
• Technological skills in personal computer operation; bank core processing system; word processing, spreadsheet and specialty software programs.
• Ability to convey your findings to executives, managers, loan officers, and other bank employees.

Physical Requirements:

• This position requires extensive or prolonged typing/keyboarding.
• This position requires up to 10% travel, which may include flying and/or driving and some overnight stays.
• This position requires sitting, talking and the ability to use your hands over 66% of the time.
• This position requires Visual Acuity at 20 inches (or less) over 66% of the time.
• This position requires lifting “up to 10 pounds” up to 33% of the time.
• This position requires the ability to stand, walk, stoop, and reach with hands and arms up to 33% of the time.

i3 Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.