What are the responsibilities and job description for the Credit Analyst position at Hendricks County Bank and Trust Company?
Job Description
POSITION TITLE: Credit Analyst
REPORTS TO: Senior VP, Lending
POSITION LOCATION: On-site Only | Brownsburg, IN
FLSA STATUS: Exempt
WORKER CATEGORY: Full-Time
COMPANY SUMMARY:
For more than a century, Hendricks County Bank and Trust Company has been committed to advancing the aspirations and accomplishments of people who live, work, and do business in Hendricks County. Since the day we opened our doors, we have sustained that local focus. Our bank’s efforts and resources have always supported and strengthened the communities we call home. We treat our customers like neighbors because that is exactly who they are. That means we always address the needs of our customers quickly.
Our mission at Hendricks County Bank and Trust is to promote economic prosperity - improving the quality of life in the community we serve. We will do this by providing quality banking services in a professional manner with employees who are empowered to recognize and respond to the needs of our customers.
POSITION SUMMARY:
The Credit Analyst is responsible for contributing to the loan decision-making process and providing in-depth credit analysis on new and existing clients for the Bank. The position will assist in maintaining loan files for adequate and current financial information and documentation sufficient to properly evaluate and document the credit worthiness of existing and prospective clients. Understands and completes job responsibilities in accordance with federal and state regulations.
ESSENTIAL DUTIS:
Supervisory Responsibilities
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Full-time employees enjoy a competitive benefit package. Benefits include medical, health savings account, dental, vision, 401(k), ESOP, paid vacation, personal, sick, and holidays, life insurance, short-term and long-term disability, and more.
EQUAL OPPORTUNITY EMPLOYER:
Hendricks County Bank and Trust Company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, amnesty, or status as a covered veteran in accordance with applicable federal, state, and local laws.
LEARN MORE: Visit https://www.hendrickscountybank.com/ to learn more about our company!
POSITION TITLE: Credit Analyst
REPORTS TO: Senior VP, Lending
POSITION LOCATION: On-site Only | Brownsburg, IN
FLSA STATUS: Exempt
WORKER CATEGORY: Full-Time
COMPANY SUMMARY:
For more than a century, Hendricks County Bank and Trust Company has been committed to advancing the aspirations and accomplishments of people who live, work, and do business in Hendricks County. Since the day we opened our doors, we have sustained that local focus. Our bank’s efforts and resources have always supported and strengthened the communities we call home. We treat our customers like neighbors because that is exactly who they are. That means we always address the needs of our customers quickly.
Our mission at Hendricks County Bank and Trust is to promote economic prosperity - improving the quality of life in the community we serve. We will do this by providing quality banking services in a professional manner with employees who are empowered to recognize and respond to the needs of our customers.
POSITION SUMMARY:
The Credit Analyst is responsible for contributing to the loan decision-making process and providing in-depth credit analysis on new and existing clients for the Bank. The position will assist in maintaining loan files for adequate and current financial information and documentation sufficient to properly evaluate and document the credit worthiness of existing and prospective clients. Understands and completes job responsibilities in accordance with federal and state regulations.
ESSENTIAL DUTIS:
- Ensure that all bank policies, procedures, and security measures are followed.
- Determine the credit worthiness of loan applicants.
- Prepare reports that include the degree of risk involved in extending credit or lending money
- Ensure that all approved applications comply with bank criteria.
- Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- Generate financial ratios, using computer programs, to evaluate customers' financial status.
- Analyze financial data, such as income growth, quality of management, and market share to determine expected profitability of loans.
- Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
- Consult with customers to resolve complaints and verify financial and credit transactions.
- Evaluate customer records and recommend payment plans, based on earnings, savings data, payment history, and purchase activity.
- Assist with bank and client audits.
- Other duties as assigned.
Supervisory Responsibilities
- No supervisory responsibilities
- Bachelor’s degree in finance, accounting or related field is preferred but equivalent experience will be considered in lieu of a degree.
- Work Experience – Minimum of 2 years’ relevant and transferrable work-related experience.
- Technology – Proficient using financial, analytical, banking, and Microsoft office suite software. Knowledge of Abrigo / Sageworks is considered a plus.
- Economics and Accounting — Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data
- Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems
- Attention to Detail — Job requires being careful about detail and thorough in completing work tasks.
- Integrity — Job requires being honest and ethical and maintaining a high level of confidentiality.
- Dependability — Job requires being reliable, responsible, and dependable, and fulfilling obligations.
- Initiative — Job requires a willingness to take on responsibilities and challenges.
- Law and Government — Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
- Administrative — Knowledge of administrative and office procedures and systems such as word processing, managing files and records, designing forms, and workplace terminology.
- Office Hours:
- 8am – 5pm: Monday-Friday
- Occasional travel to other branch locations within Hendricks County to provide assistance, attend meetings, and training sessions may be required.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
- Physical requirements are relatively light and those typically met in a normal office environment.
- Must be able to sit for long periods of time.
- Occasionally may need to lift up to 25 lbs.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Traditional office setting, indoors, environmentally controlled.
- Will interact with customers daily by means of email, phone, and face-to-face interactions.
- Must interact with others often and will experience frequent interruptions.
Full-time employees enjoy a competitive benefit package. Benefits include medical, health savings account, dental, vision, 401(k), ESOP, paid vacation, personal, sick, and holidays, life insurance, short-term and long-term disability, and more.
EQUAL OPPORTUNITY EMPLOYER:
Hendricks County Bank and Trust Company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, amnesty, or status as a covered veteran in accordance with applicable federal, state, and local laws.
LEARN MORE: Visit https://www.hendrickscountybank.com/ to learn more about our company!