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.
The mission of this bank is to profitably deliver high quality customer service that meets the financial needs of our community, its businesses, and its citizens. No line of financial services is beyond our charter. CorTrust Bank is seeking a Full-Time on-site Credit Analyst in our Sioux Falls community! It's more than just a job! When you join one of the region's leading community banks, you can expect a family atmosphere committed to building outstanding teams. We believe in the overall well-being of our employees and work hard to provide the best opportunities for growth. We're proud to offer a competitive compensation package that includes perks like a 401k with employer match, Employee Stock Ownership Plan, insurance coverage options, paid time off, service awards, community service opportunities, an Employee Assistance Program, and a stable work environment.
Summary:
The Credit Analyst supports our lending operations by working with a diversified portfolio of loan types and loan requests for current and potential borrowers. They gather and analyze financial data to determine the advisability of granting credit.
Key areas of responsibility:
Analysis:
Analyze current, historical, and projected financial trends and repayment capacity for a variety of operating companies. Research and assess credit risk factors. Recommend loan structure, pricing, and additional credit facilities available for upsell to the lender. Develop alternative solutions to complex credit portfolios. Prepare, spread, and analyze tax returns and a variety of financial statements. Administrative & compliance: Adhere to all CorTrust policies and handbooks, complete required security and regulatory training, and maintain customer privacy and confidentiality. Partner with the Credit Analyst Manager to prepare and present content and analysis to Loan Officers and Loan Committee for use in loan decisioning. Maintain a strong understanding of financial services and industry workflows to mitigate risks and achieve results. Communicate clearly and informatively across a diverse audience and present numerical data effectively and informatively. Responds positively to other duties as assigned.
Key competencies:
The ideal candidate for Credit Analyst possesses a combination of education and experience to be able to perform the primary duties of this position with little supervision , managing multiple projects simultaneously. They adapt easily to system, process, product, and service changes, and are able to reason, problem solve and think critically . They must demonstrate a high level of integrity, personal diplomacy, and respect . Knowledge of Federal banking regulations and industry workflow is required. Experience in analyzing financial statements and/or tax returns is a plus. A degree in finance or accounting is preferred, but not required. CorTrust is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
