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C
Confidential
Credit Analyst (Banking)
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Scorecard
Based on Illinois data
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What they do
A Credit Analyst reviews credit history and researches other records to determine if loans should be approved or credit extended to individuals or businesses. Prepares reports for banks, credit agencies and credit card companies.
$59,034 / year median in Illinois
-25% projected decline
Job Description
Duties and Responsibilities:
Analyze the financial information of the borrower and guarantor for each loan relationship selected for new requests, renewals and extensions. Interact with Senior Management regarding identified credit issues. Analyze the financial condition, operating performance, and repayment ability of borrowers utilizing financial statements, collateral documentation, and industry and economic data for loan review. Discuss the results of the loan reviews with commercial loan officers as required to obtain a full understanding of the loan relationship. Prepare loan presentations accurately and in a timely manner. Plan, organize and manage assigned Credit Review projects. Support the achievement of organizational objectives and the success of individual colleagues through the timely completion of various reports and projects, mentorship of less tenured analysts and commercial loan officers. Comply with all applicable federal and state laws and banking regulations including specifically compliance. Perform special projects and other job duties as assigned.Education:
Bachelor's degree from four-year college or university; and four to seven years related experience in underwriting, credit analysis, commercial or commercial real estate lending. EOE/drug free workplaceJob Type:
Full-time This is not a remote position.Benefit Conditions:
Waiting period may apply Only full-time employees eligibleWork Location:
One locationWork Remotely No Job Type:
Full-time Pay:
$75,000.00 - $90,000.00 per yearBenefits:
401(k) 401(k) 5% Match Dental insurance Employee assistance program Health insurance Life insurance Paid time off Vision insuranceEducation:
Bachelor's (Preferred)Experience:
Bank Commercial Credit Analyst:
2 years (Required)Preparing Bank Loan Presentation:
2 years (Required) Ability toCommute:
Oak Brook, IL (Required)Work Location:
In personBenefits
- Paid Time Off (PTO)
- 401(k) Plans
- Health and Wellness Programs
- Health Insurance