What are the responsibilities and job description for the Credit Analyst position at MRV Banks?
Job Title: Credit Analyst (On-Site Position), Monday-Friday (8AM-5PM)
We are seeking a dedicated and detail-oriented Credit Analyst to join our dynamic team at MRV Banks. As a credit analyst, you will play a key role in evaluating loan applications and ensuring sound credit decisions. You'll work closely with loan officers and other internal stakeholders to access borrower creditworthiness through detailed financial analysis, helping to safeguard the bank's lending portfolio while supporting our client's financial goals.
Key Responsibilities:
- Credit Evaluation: Analyze financial statements, tax returns, and credit reports to assess the creditworthiness of individuals and businesses.
- Risk Assessment & Monitoring: Evaluate credit risk by considering financial position, payment history, industry conditions, and economic trends. Monitor existing credit facilities for early warning signs of potential issues.
- Loan Structuring & Collaboration: Work closely with Loan Officers and internal teams to structure loans that align with the bank’s risk appetite and regulatory standards.
- Financial Spreading & Analysis: Standardize and interpret financial data to support consistent credit decision-making.
- Market & Industry Research: Conduct industry and market analysis to identify risks and opportunities related to specific sectors.
- Compliance & Reporting: Ensure all credit assessments comply with internal policies and regulatory guidelines. Prepare detailed credit memos and present recommendations to management and credit committees.
- Internal Communication: Communicate credit findings clearly to internal stakeholders and maintain strong working relationships across departments.
Required Qualifications:
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (or equivalent experience )
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Attention to detail and the ability to work with complex financial data.
- Time management skills to handle multiple credit analysis assignments and meet deadlines.
Preferred Qualifications:
- Proven experience in credit analysis, lending, or financial risk assessment
- Proficiency in financial statement analysis and Excel-based modeling
- Knowledge of credit risk principles, regulatory requirements, and lending policies
Join our team and take part in an exciting opportunity to contribute to the success of our borrowers and our company. We offer a competitive salary, comprehensive benefits package, and a supportive work environment that values growth and teamwork.
To apply, please submit your resume and a cover letter outlining your relevant experience and why you are interested in this position. We look forward to reviewing your application and potentially welcoming you to our team at MRV Banks.
WHY YOU SHOULD JOIN OUR TEAM
We are an established company in the financial industry that invests in our team. We also offer great benefits and perks, such as 11 paid holidays, paid time off (PTO), a 401(k) option, a professional environment, a positive team-oriented culture. We also make it easy to apply with our initial quick and easy application. After you apply, you will be asked to complete our Predictive Index Assessment. Please complete the Predictive Index Assessment to help us identify if this role or other roles within our Bank will be a good match for you. We find that our most engaged employees are good at, enjoy what they do and want more of it. This is critical to our organization for employee engagement and growth. If we have your attention, please continue reading!
ABOUT MRV BANKS
We started 18 years ago in the small community of Ste Genevieve. After 5 years we expanded to the Cape Girardeau community and continued our growth by focusing on getting things done and building relationships with people. We provide financial solutions for customers and businesses in our communities. Our goal is to help people accelerate and achieve their financial goals through imaginative long-term banking relationships. Our bank expanded to the Festus market 7 years ago and opened our St. Charles location in January of 2022. Our continued growth and success are due to our amazing people that are solution orientated and have a growth mindset. Our people are reliable and consistent with attention to detail to be competent and capable. Our company culture plays a large part in our success. We believe that happy, talented employees add value to our company.
MRV Banks is an Equal Opportunity Employer. MRV Banks is committed to providing equal opportunity and advancement to all qualified employees and applicants without regard to race, color, ancestry, national origin, sex, gender (including pregnancy), gender identity, sexual orientation, religion, disability, handicap, military or veteran status or any other legally protected status. Employee Polygraph Protection Act | | Right to Work | KNOW YOUR RIGHTS
Applicants must be able to pass a drug test, background check, credit check and reference check.
Full job description available upon request
