Credit Analyst II- Munster
Credit Analyst II- Munster
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USD 74300 - 87000
1 Vacancy
Job Description
JOB SUMMARY
This position works in partnership with the Business Banking team and product partners to analyze structure risk rate perform due diligence document and underwrite cash flow for credit exposures resulting from loans and other commercial banking products. The Senior Credit Analyst is also responsible for the ongoing monitoring and risk management of an assigned portfolio. This role is required to develop a broad and deep understanding of the business financial and competitive risks faced by customers.
DUTIES AND RESPONSIBILITIES
- Analyzes applicants business plan financial status loan repayment ability net worth and earnings history for new renewal and existing loans identifies the risks of a credit underwriting policy exceptions and assigns appropriate loan quality grades with approval of credit administration manager.
- Evaluates complex credits which include borrowers with multiple related entities unique structures and large lending limits.
- Identifies the key risk factors and mitigants related to a specific transaction as well as his/her assigned portfolio.
- Develops a wellinformed and balanced view of the business financial and competitive risks faced by a company sector and industry.
- Interprets financial information bank policies and prepares reports for the Business Bankers Risk Management and other areas of the bank as needed and when required.
- Works independently with minimal assistance and provides support to the Credit Administration Manager as needed.
- Mentors Credit Analysts and Credit Administrators in interpreting financial information loan underwriting risk assessment and training/development.
- Assists with the management of the credit underwriting platform including annual reviews covenant testing reporting document management and financial tracking.
- Reviews appraisals and other thirdparty reports to assess collateral values and identify potential risks in a particular transaction.
- Maintains the commercial financial credit files with emphasis on the timely and accurate filing of financial data and due diligence items.
- Provides technical advice and assistance to Business Bankers Chief Business Banking Officer Loan Review personnel and other key positions as assigned and needed.
- Participates in customer due diligence calls as necessary attends client / bank meetings to develop a better understanding of the company collateral and to assess management.
- Performs tasks and other duties as assigned which are supportive in nature to the essential functions of the job but which may be altered or redesigned depending upon individual circumstances.
QUALIFICATIONS
- Bachelors degree in related field (accounting/finance/economics) or equivalent work experience.
- Minimum two years of Commercial Real Estate and Commercial & Industrial credit/lending experience required.
- Completion of a major corporate bank credit training program preferred.
- Broad exposure to credit practices including credit structuring helpful.
- Strong written verbal organizational analytical and interpersonal skills necessary.
- Familiarity with financial institutions business banking procedures required.
- Must have computer software proficiency particularly in Microsoft Office.
- Proficiency in a credit underwriting platform.
- Must be able to read interpret and analyze credit information.
- Requires strong project management skills with the ability to prioritize and successfully handle multiple projects simultaneously.
ABOUT US
For over a century Peoples Bank has served as a cornerstone of customer commitment helping our communities thrive and continuously supporting our community members. Proudly bearing the Finward name as a Finward Company our logo symbolizes our unwavering dedication to financial excellence advanced technology and elevating the customer journey.
Headquartered in Munster Indiana Peoples Bank offers an extensive array of consumer business and wealth management solutions alongside cuttingedge digital banking services. With 26 conveniently located Peoples Banking Centers spread across Northwest Indiana and Chicagoland we uphold a tradition of delivering topnotch performance to our valued residents.
At Peoples Bank we are driven by a passion for fostering success within our customer base and communities. Anchored in our core values of Stability Integrity Community and Excellence we are committed to building strong partnerships with our customers and communities to help them achieve financial success. Through innovative engagement and technology we ensure an exceptional customer experience at every turn.
For more information on benefits visit the Careers page of our company website at is an Equal Opportunity Employer of women minorities protected veterans and individuals with disabilities.
Equal Housing Lender/ Member FDIC
Required Experience:
IC
Employment Type
Full-Time
