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Confidential

Credit Analyst (Banking)

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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

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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 workplace
Job Type:
Full-time This is not a remote position.
Benefit Conditions:
Waiting period may apply Only full-time employees eligible
Work Location:
One location
Work Remotely No Job Type:
Full-time Pay:
$75,000.00 - $90,000.00 per year
Benefits:
401(k) 401(k) 5% Match Dental insurance Employee assistance program Health insurance Life insurance Paid time off Vision insurance
Education:
Bachelor's (Preferred)
Experience:
Bank Commercial Credit Analyst:
2 years (Required)
Preparing Bank Loan Presentation:
2 years (Required) Ability to
Commute:
Oak Brook, IL (Required)
Work Location:
In person

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Health and Wellness Programs
  • Health Insurance