What are the responsibilities and job description for the Team Lead, Credit Analysis position at First Merchants Bank?
DescriptionQualifications
Education
Experience
First Merchants Bank is an Equal Opportunity Employer and E-Verify participant (M/F/D/V).
Position Goals:
Responsible for a team of Credit Analysts who perform credit analysis, underwriting and monitoring of a designated commercial loan portfolio as well as performing these duties for complex borrowers.
Essential Duties and Responsibilities:
- Manage staff, includes interview, hire, train and mentor, evaluate performance, recommend salary adjustments and career changes, recommend disciplinary counseling and terminations.
- Provide leadership of the credit analysis function for the assigned credit analysts, including:
- Conduct training for the Credit Analysts assigned to supplement corporate training in all required areas including cash flow analysis, credit decision summary preparation, and credit processes.
- Conduct review of the credit decision summary packages for accuracy and completeness for Credit Analyst I and others as needed.
- Manage workflow of the assigned Credit Analysts to completion within expected timeframes.
- Manage completion of all credit monitoring functions for designated portfolio including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring and annual credit reviews.
- Manage data integrity for call codes, NAICS codes, risk grade and risk rating score accuracy.
- Perform credit analysis duties for more complex or other credits as workflow requires.
- Assist with underwriting for complex credits to assure accuracy and depth of analysis strength within team.
- Hands on and familiar use of financial spreading software, loan system, cash flow analysis and other credit systems and tools.
- Attend and participate in loan committees as requested.
- Attend and participate in department meetings.
Position Requirements:
Education - Bachelor's degree.
Experience - Two (2) years of related analytical experience.
Other - None.
Preferred Requirements:
Bachelor's degree in accounting, finance or business.
Education
Bachelors (required)
Experience
2 years: Related analytical experience (required)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
First Merchants Bank is an Equal Opportunity Employer and E-Verify participant (M/F/D/V).
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