Credit Analyst

Position Purpose:

This position will have the responsibility for spreading financial statements and providing credit analysis for agricultural and commercial loans. Assist bankers with loan opportunities for new and existing customer and helping the bank to maintain / improve Credit Quality. Provides analytical services in the administration of loan accounts. When needed and in conjunction with loan officer(s), will communicate with current and potential customers to obtain information needed for loan requests.

Qualities of the successful candidate include:

Minimum of 2-4 years of vocational or higher education preferred in Finance, Accounting or related field, or the equivalent of 2-4 years of work experience in credit-related area combined with educational experience.
Demonstrate excellent verbal and written communication skills.
Must be detail oriented and have strong analytical and problem-solving skills.
Strong PC skills (Lending Cloud, Credit Quest, WORD, and EXCEL) and ability to learn new software programs.
Must be able to multi-task. work with minimal supervision and in a team environment with tight deadlines.
This position requires extensive work on a computer screen which may cause eye fatigue.
Must be available and willing to travel to offsite locations when necessary, to meet business needs.

Responsibilities of the successful candidate include:

Ensure accurate entry of financial information (financial statements and tax returns) into programs such as; Credit Quest, Lending Cloud, WORD, and EXCEL.
Analyze and interpret financial statements including projections for business and agricultural loans. Independent financial analysis to included analysis of trends, ratios, cash flow, industry averages and stress testing. This includes working with the loan officer and possibly the customer when necessary, to obtain information.
Verify perfection of collateral documents while reviewing the financial condition of borrower. This includes making recommendations as to what documentation is required for new loan requests.
Prepare written credit write-ups based on information uncovered in financial/collateral analysis; review of internal loan accounting systems; and provide written support for the recommended risk rating of each borrower.
Working knowledge of Loan Policy and ability to identify policy exceptions in credits, ensuring exceptions and mitigates are noted and presentations obtain proper lending approval.
Review loans for covenant compliance.
Assist in preparation of loan portfolio reports as requested.
Attend loan committee meetings to answer any questions regarding the analysis of the loan

We offer a competitive benefits package that includes Medical, Dental and Vision; FSA or Dependent Care; Supplemental Accident, Hospital, or Critical Illness Plans; Employer paid Life Insurance, Short Term Disability, and Long-Term Disability; and Additional Voluntary Life Insurance Options. Paid Vacation, Sick and Volunteer leave; 401K and Profit Sharing.

Compensation for positions is based on the specific position and may be paid in the form of an hourly wage, overtime, a semi-monthly salary, commissions, or a combination of them. Depending on the specific position, some may be paid solely on commissions or others may include a bonus structure. As part of our employee benefits package, we offer exclusive perks such as discounted rates on banking and mortgage services, fee waivers, and access to special financial products. These benefits are designed to support your financial well-being as a valued member of our team.

Plains Commerce Bank is an Affirmative Action/Equal Opportunity Employer committed to providing equal employment opportunity without regard to an individual’s race, religion, color, gender, national origin, ancestry, age, sexual orientation, disability, or veteran status.