Commercial Credit Banking Expert

5 days ago


Fairview Heights, Illinois, United States Enterprise Bank and Trust Full time

Job Summary

We are seeking a highly skilled Commercial Credit Banking Expert to join our team at Enterprise Bank and Trust. This role involves providing analytical and support services to our lending departments, including leading the credit analyst team, conducting financial analyses, managing loans, and mentoring junior analysts.

About Us

Enterprise Bank and Trust is committed to helping businesses succeed and our communities thrive. We have offices in multiple states across the country and offer a range of benefits to our associates, including annual paid volunteer time off and charitable-matching opportunities.

About the Role

This position emphasizes thorough understanding of commercial credit, financial statements, and the development of policies that safeguard our lending operations. You will work closely with our Chief Credit Officer and lead the credit analyst team. Other major responsibilities include:

  • Analyzing financial statements and demonstrating comprehensive knowledge of theories, laws, and policies governing commercial credit, commercial banking, and banking policies.
  • Creating comprehensive and concise analyses of the risks and mitigations associated with complex commercial loan requests by reviewing and analyzing the borrower's financial statements, including income statements, cash flow statements, balance sheets, tax returns, personal financial statements, and collateral appraisal reports.
  • Assessing the financial condition of collateral guarantors and preparing sensitivity analyses.
  • Conducting market and industry analyses (customers, competitors, suppliers, and new entrants).
  • Contributing to the development of policy and procedures that safeguard our commercial credit operations.
  • Proposing alternative loan structures.
  • Overseeing the completion of projects including planning, assigning, monitoring, and reviewing progress and accuracy of work, as well as evaluating results.
  • Understanding the policies and procedures of the bank/creditor.
  • Working on multiple projects simultaneously, managing time and resources efficiently and within established deadlines.
  • Providing borrowers with financial statement information by utilizing appropriate software programs, review financial analysis reports, and act as a technical resource for credit software.
  • Maintaining up-to-date knowledge on new laws and regulations affecting our credit practices.

Requirements

To be successful in this role, you will need:

  • 5-7 years prior credit analysis experience.
  • Bachelor's Degree in Business, Finance, or Accounting.
  • Expert computer skills, inclusive of experience with loan origination software and MS Office applications.
  • Excellent written, verbal, and interpersonal skills, with the ability to maintain confidentiality as required.

What We Offer

In return for your expertise, we offer a competitive salary of $90,000 - $110,000 per year, depending on experience, plus a range of benefits, including health insurance, retirement plan, and paid time off. If you are passionate about commercial credit banking and want to work for a dynamic company that values its associates, please apply now.



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