What are the responsibilities and job description for the Experienced Credit Analyst position at Merchants Bank?
Merchants Bank is seeking an experienced Credit Analyst. This on-site position can work from any of our Merchants Bank locations in MN and WI.
Primary duties include analyzing moderate to complex financial statements and tax returns accompanying a loan request. Other responsibilities include financial statement spreading, data analysis highlighting borrowing entity key ratios and financial trends, as well as efficiently preparing the final loan request presentation. Other main responsibilities include collaboratively working with loan officers and lending assistants, developing a sound understanding and adherence of the bank's loan policies/procedures, as well as serving as a mentor to others within Credit Administration.
Prefer BS/BA Degree, preferably in Accounting or Finance. Strong analytical skills; excellent people skills. Prior experience of 5 years in lending, underwriting, accounting, or trend analysis preferred with additional background in either a Commercial or Agriculture lending environment also deemed helpful. Strong verbal and written communication skills needed along with a “can do” attitude. In working with others across the bank, the incumbent must possess a very positive and helpful attitude with the ability at times to meet aggressive deadlines.
Merchants Bank offers competitive wages and benefits for our full-time employees including health, dental, life, disability and vision insurance; flexible spending accounts, 401(k) and ESOP retirement plans; bonus plan; paid time off; tuition reimbursement; and a variety of voluntary supplemental insurance options.
Please click on Apply Now or apply in person at any Merchants Bank location. Questions can be emailed to hr@merchantsbank.com. Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.
Primary Duties:
First preference would be working within the Merchants Bank Plaza Building in Winona MN, however other working environment within the Merchants Bank footprint would be considered after successful onboarding and assimilation to the organization.
Working Conditions:
Work will primarily be performed in inside working environment, low noise level, comfortable physical conditions.
Physical Demands:
Work will be performed primarily sitting at a desk, very low degree of lifting. Requires average finger dexterity to operate normal office equipment, such as computer, adding machine, etc. Requires good eye/finger coordination.
Mental Demands/Education:
Prefer BS/BA Degree, preferably in Accounting or Finance. Strong analytical skills; excellent people skills. Prior experience of 5-7 years in lending, underwriting, accounting, or trend analysis preferred with additional background in either a Commercial or Agriculture lending environment also deemed helpful.
Requires individual with strong oral and written communication skills; ability to express ideas in a clear, thorough, and concise manner. Requires above-average aptitude in the area of math/number skills. Above-average ability in written communication, including word processing and Excel proficiency. Strong ability in problem analysis.
Amiable personality. Must be an excellent team worker.
Relationships:
Responsible to the Director of Credit Administration & Loan Operations for fulfillment of duties, responsibilities, authority, and for proper interpretation.
Will have high degree of contact with other Bank personnel and direct personal contact with customers. Must have the ability to develop customer rapport; must show genuine interest in others' needs and opinions.
In day-to-day function, will have contact with customers, public, and staff, and is to conduct self in a manner that will enhance the overall marketing effort of the Bank.
Primary duties include analyzing moderate to complex financial statements and tax returns accompanying a loan request. Other responsibilities include financial statement spreading, data analysis highlighting borrowing entity key ratios and financial trends, as well as efficiently preparing the final loan request presentation. Other main responsibilities include collaboratively working with loan officers and lending assistants, developing a sound understanding and adherence of the bank's loan policies/procedures, as well as serving as a mentor to others within Credit Administration.
Prefer BS/BA Degree, preferably in Accounting or Finance. Strong analytical skills; excellent people skills. Prior experience of 5 years in lending, underwriting, accounting, or trend analysis preferred with additional background in either a Commercial or Agriculture lending environment also deemed helpful. Strong verbal and written communication skills needed along with a “can do” attitude. In working with others across the bank, the incumbent must possess a very positive and helpful attitude with the ability at times to meet aggressive deadlines.
Merchants Bank offers competitive wages and benefits for our full-time employees including health, dental, life, disability and vision insurance; flexible spending accounts, 401(k) and ESOP retirement plans; bonus plan; paid time off; tuition reimbursement; and a variety of voluntary supplemental insurance options.
Please click on Apply Now or apply in person at any Merchants Bank location. Questions can be emailed to hr@merchantsbank.com. Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.
Primary Duties:
- Complete an interpretive analysis of financial statements for loan relationships and prepare loan presentations for the successful approval of commercial and agriculture loans. This includes developing credit information for use by lending officers or committees in making lending decisions on new, renewal and extension loans.
- Review and analyze all pertinent credit and financial information, including credit bureau reports, financial reports, cash flow analysis, ratio analysis, and reports information to lending officers.
- May additionally be asked to complete credit scoring reports for small business loans and complete presentations for loan relationships of $500,000 or less.
- May additionally perform administrative duties as it relates to supporting SBA lending. This may include reviewing and analyzing credit and financial information and ensuring compliance with SBA requirements.
- Attends customer calls with lending officers from time to time as requested by the lending officer.
- Regular and dependable attendance is an essential function of this job.
- Employee will be expected to contribute to a positive working environment through words and actions.
- Employee will be expected to greet internal and external customers in a friendly and outgoing manner.
- Employee will be expected to take responsibility to insure that internal and external customers receive outstanding customer service.
- Employee may be asked to perform other duties as required by business needs.
- Employee will be expected to complete compliance and product knowledge assignments in a timely manner.
First preference would be working within the Merchants Bank Plaza Building in Winona MN, however other working environment within the Merchants Bank footprint would be considered after successful onboarding and assimilation to the organization.
Working Conditions:
Work will primarily be performed in inside working environment, low noise level, comfortable physical conditions.
Physical Demands:
Work will be performed primarily sitting at a desk, very low degree of lifting. Requires average finger dexterity to operate normal office equipment, such as computer, adding machine, etc. Requires good eye/finger coordination.
Mental Demands/Education:
Prefer BS/BA Degree, preferably in Accounting or Finance. Strong analytical skills; excellent people skills. Prior experience of 5-7 years in lending, underwriting, accounting, or trend analysis preferred with additional background in either a Commercial or Agriculture lending environment also deemed helpful.
Requires individual with strong oral and written communication skills; ability to express ideas in a clear, thorough, and concise manner. Requires above-average aptitude in the area of math/number skills. Above-average ability in written communication, including word processing and Excel proficiency. Strong ability in problem analysis.
Amiable personality. Must be an excellent team worker.
Relationships:
Responsible to the Director of Credit Administration & Loan Operations for fulfillment of duties, responsibilities, authority, and for proper interpretation.
Will have high degree of contact with other Bank personnel and direct personal contact with customers. Must have the ability to develop customer rapport; must show genuine interest in others' needs and opinions.
In day-to-day function, will have contact with customers, public, and staff, and is to conduct self in a manner that will enhance the overall marketing effort of the Bank.
Salary : $500,000
