Carthage, IL
Marine Bank & Trust, a United Community Bank, is in search of a credit analyst to be located in Carthage, IL The credit analyst position is responsible for gathering and analyzing credit information on current and potential borrowers for diversified types of loans. Within the framework of the Bank guidelines and current economic and industry trends will assist in performing pre-qualification assessments and analysis of the financial condition of the borrower and the risk of financing requests.
Essential Duties and Responsibilities:
- Assist in ensuring required data is gathered from customers, internal and external sources, prepare spreadsheets and analyze financial information including financial statements and tax returns
- Work closely with management and other team members to effectively prioritize commercial credit requests and complete credit presentations in a timely manner
- Assist in the review and renewal of credit facilities and complete ongoing financial covenant and borrowing base calculations related to commercial credits
- Communicate when up-to-date financial statements are needed for commercial accounts, ensure credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved
- Compile data from credit bureau reports and various financial statements
- Conduct industry peer comparisons
- Perform cash flow analyses
- Correspond with legal counsel and collectors regarding workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken
- Develop knowledge of financial industry, economy, market conditions, rates vendors and competition
- Write financial reviews and reports and make recommendations on loan structures and terms
- Perform collateral inspections as deemed necessary
- Complete internal collateral valuations
- Develop and maintain effective working relationships at all levels by proactively participating and contributing to a positive work environment, controlling emotions and temperament, and exhibiting courteous, respectful, and professional behavior at all times
- Maintain familiarity with bank products and services
- Maintain familiarity with all regulatory standards
- Maintain familiarity with and uphold all Bank policies and procedures including policies and procedures related to this position
- Complete all training requirements as assigned
- Performs other related duties as assigned*
*Related duties as assigned are duties that may not be specifically listed in the class specification or position description, but which are within the general occupational series and responsibility level typically associated with the employee's class of work
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the education, knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the key responsibilities and essential functions.
Certifications, Licenses, Registrations or Required Training: None Required
Work Hours: Employees are expected to report to work as scheduled, on time and prepared to start work. Employees are expected to remain at work for their entire daily schedule. Late arrival, early departure or other absences should be avoided. Scheduled shifts are typically 8 hours with some weekend hours required. A 1-hour lunch will be provided if all applicable conditions are met.
Education, Experience, Skills and Qualifications:
- Bachelor's degree or equivalent work experience in business or financial industry preferred
- Previous experience in financial statement and tax return analysis preferred
- Ability to read, write and comprehend simple instructions, short correspondence, and memos
- Ability to perform basic mathematical calculations and calculate figures and amounts
- Strong attention to detail and accuracy
- Problem Solving/Analysis skills
- Ability to manage and execute more than one task at a time
- Strong time management and organizational skills
- Ability to independently perform duties, establish priorities and meet deadlines with limited supervision
- Ability to adhere to safety and compliance regulations and procedures
- Ability to communicate effectively and professionally with customers and coworkers
- Basic knowledge of state and federal loan regulations and other Bank lending policies
- Basic knowledge of commercial, construction, and real estate and consumer loan processing
- Ability to exercise sound judgement in a decision-making capacity that is consistent with established policies, procedures and business practices
- Ability to handle sensitive and confidential situations and comprehend the level of confidentiality that comes along with the position and protecting employee's, customer's and bank information.
Computer Skills: To perform this job successfully, an individual should have knowledge of Microsoft Office products, electronic mail, internet software as well as other various software programs used in the course of day-to-day business. Individual should also be able to effectively and efficiently enter data into various software programs utilized in the course of day-to-day business activities.
Equipment: This position generally uses office equipment throughout the course of conducting day-to-day business such as but not limited to computer, keyboard, mouse, scanner, phone, calculator, fax machine and copy machine.
Work Environment: The work environment characteristics described here are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the key responsibilities and essential functions.
Work is mainly performed indoors however the employee may occasionally be exposed to outdoor weather conditions.
Uniform/Dress: Employee must follow personal appearance policy
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the key responsibilities and essential job functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the key responsibilities and essential functions.
While performing the responsibilities of this position, the individual is required to have ambulatory skills sufficient to visit various parts of their primary work location and other work locations as assigned, this may include walking or maneuvering on slippery or uneven surfaces. The position requires the ability to frequently sit for long periods of time and infrequently stand for periods of time. The position requires the ability to occasionally climb stairs, balance, stoop, bend and twist neck, waist and back, crouch and kneel. The position frequently requires manual dexterity and the ability to use hands for simple and firm grasping, fine manipulation, fingering and touching objects. The position frequently requires operating a computer keyboard, telephone, and other equipment and the operating of the equipment will consist of repetitive movements. The position occasionally requires reaching with hands and arms above and below shoulder level. The position requires the ability to have close visual acuity to perform activities such as but not limited to preparing and analyzing data and figures, transcribing, viewing a computer terminal, reading, visual inspection of documents, and operation of equipment. The position frequently requires reading, speaking and hearing in the English language both in person and over the phone. The position requires occasional lifting, carrying, pushing or pulling and/or moving up to 40 pounds. The position requires frequent lifting, carrying, pushing or pulling and/or moving up to 20 pounds.
Occasional travel may be required to conduct the essential functions of the position (bank training, meetings), this requires the ability to drive or the ability to secure other means of transportation.
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