What are the responsibilities and job description for the Credit Analyst I position at Thumb Bank & Trust?
Thumb Bank & Trust is expanding our team and has a Credit Analyst I position opening. This is an in-person position that will be working in our Pigeon, MI branch location.
SUMMARY - Under direct supervision, spreads and analyzes financial statements and contacts various credit sources and references for information on loan applicants for officer level lending authority. Assists in the preparation of loan packages for the loan administration officer or a loan committee.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
- Spreads and analyzes customer financial statements.
- Prepares collateral valuations based on current values.
- Gathers credit information for preparation of loan presentations.
- Works closely with Credit Analyst IIs and Senior Credit Analyst.
- Aids in preparation of loan presentations and approvals.
- Member of officer loan committee.
- Participates in ongoing training.
- Calculates financial ratios.
- Assists with monitoring problem loans and verification of collateral.
- Conducts annual file review to update cash flow analysis and collateral valuations.
- Files notes.
- Performs other duties as assigned within the loan department.
ADDITIONAL REQUIREMENTS
- Bachelor’s degree required, preferably in Finance or Accounting
- Excellent computer skills (proficient in Microsoft Word and Excel)
- Comfortable with technology and use of basic office machines
- Works well with numbers
- Effectively communicates with customers and co-workers
- Solid organizational skills
- Detail oriented
SUPERVISORY RESPONSIBILITIES
None
EEO Employer/Vet/Disabled
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Physical Setting:
- Office
Schedule:
- Monday to Friday
Work Location: In person