Find & Apply For Credit Analyst / Authorizer Jobs in Barry, Illinois

Job description:

Credit Analyst Position Summary:

Responsible for conducting high level analysis on commercial/business loans. Supports lending officers in completing credit memorandums for new and existing bank relationships. The credit analyst will also assist in loan review of large customer relationships. Job Duties Analyzes financial statements (balance sheet and profit and loss) and income tax returns on commercial loans. Includes key performance ratio analysis. Utilizes Bank developed financial analysis formats to build a historical financial base. Assists lender in credit memorandum (LARs and Narratives) on new and existing relationships: In-depth historical financial analysis; In-depth projection financial analysis, including "what if/stress test" scenarios that test the reasonableness of the projections; In-depth analysis of the secondary sources of repayment, such as collateral; balance sheet trends and issues; In-depth analysis of guarantor's financial position; Develop cash flow analysis. Collects and maintains industry data. Research industry specific information from outside sources, including conversations with the borrower, industry publications, internet, etc. Review of credit reports Provide financial insight to lenders regarding the strengths and weaknesses of borrowers. Assist in SBA, FSA and other special loan programs. including application preparation, monitoring and liquidation. Complete loan reviews as scheduled in a timely manner Performs analysis of key bank vendors on an annual basis for the Vendor Management program. Various report creation and data input, appraisal reviews, & real estate valuations. Perform as a team member in allocating and coordinating the workflow. Contribute to the fulfillment of department, market and company objectives and goals. Comply with all department and company policies, procedures, and regulations. Other duties as assigned Key Competencies/Skills Strong communication skills - verbal, written and interpersonal skills Good listening skills Accuracy and attention to detail Excellent computer skills - highly proficient in Excel and Word Extensive knowledge of financial statement analysis, income tax returns and regulations Loan compliance knowledge Loan policy knowledge Education/Experience Bachelor's Degree in a business-related field preferred High School diploma or GED required 3-5 years of banking or financial related field

Job Type:

Full-time Pay:

$35,000.00 - $60,000.00 per year

Benefits:

401(k) matching Dental insurance Flexible spending account Health insurance Life insurance Paid time off Vision insurance

Work Location:

In person