Commercial Credit Analyst

2 weeks ago


Hastings, Minnesota, United States First National Bank Full time
About the Role

The Credit Analyst is a key position at First National Bank, responsible for making data-backed recommendations through research and analysis of customer financial documents. This role involves analyzing financial data to assess the likelihood of a borrower honoring their financial obligations on behalf of the bank.

Key Responsibilities

Conduct in-depth financial analysis of loan applications, including financial statements, tax returns, cash flow projections, and credit reports. Evaluate creditworthiness of prospective borrowers based on financial data, industry trends, and economic conditions. Prepare comprehensive credit presentations outlining the recommended credit structure, terms, and conditions. Monitor the credit risk of the existing portfolio by reviewing financial statements and conducting regular portfolio reviews. Work closely with the loan officer to ensure timely and accurate credit decisions are made. Adhere to all company credit policies and guidelines established by the bank.

Requirements

Bachelor's degree in Finance, Accounting, or related field required. 2+ years of experience in credit analysis or lending preferred. Experience with Moody's Analytics or similar software strongly preferred. Candidate must pass a pre-employment screening including credit history and criminal record check. First National Bank is an equal opportunity employer 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.

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