Position Summary: Prepares thorough credit analysis on a wide range of customers and loan types through preparation of written credit presentations and annual reviews. Works with lenders to ensure files are complete and actively participates in loan committee. Monitors receipt of monthly borrowing bases, tracks covenant compliance and corrects documentation deficiencies.
Essential Functions and Responsibilities:
· Prepares loan committee credit presentations, annual reviews and other correspondence
· Analyzes financial performance, collateral evaluation, payment history, management capacity and ability, economic and competitive influences, risk rating assessment, and covenant establishment and compliance.
· Independently identifies any areas of concern with the analysis and works to resolve
· Works directly with borrower to obtain additional information
· Participates in loan committee by providing added insight and answering unresolved questions
· Prepares monthly and quarterly reports on loan relationships risk rated Watch or worse
· Works with lenders to formulate and track progress of action plans
· Monitors receipt of monthly borrowing bases and updates internal tracking systems
· Ensures efficient and accurate preparation of loan presentations, annual reviews and files
· Regular and reliable attendance
· Physical presence at bank
· Perform other related duties as assigned
If you possess a strong analytical mindset, expertise in credit evaluation, and a passion for financial analysis, we invite you to apply for the Senior Credit Analyst position with us.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) 4% Match
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
Physical setting:
Schedule:
Ability to Commute:
- Brainerd, MN 56401 (Required)
Ability to Relocate:
- Brainerd, MN 56401: Relocate before starting work (Required)
Work Location: Hybrid remote in Brainerd, MN 56401