Junior Credit Analyst
Junior Credit Analyst
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$ 55000 - 65000
1 Vacancy
Job Description
Devon Bank is an independent community bank serving the Chicagoland area and beyond. Our mission has always been to be the bank that the neighborhood needsto tailor its service offerings to the needs and wants of the community. We are known for going the extra mile for our customers by offering personalized service and customized solutions. We are a fullservice bank including home financing trust and investments as well as a full range of business financing products.
We are searching for a Fulltime entry level Junior Credit Analyst who will provide our Credit Department direct support in the maintaining of Credit Files analysis of financial information of current and prospective borrowers preparation of loan presentations the monitoring of certain collateral and other duties as assigned.
Duties and responsibilities
- Obtains and reviews due diligence items (Lexis Experian personal credit bureaus tax transcripts liquidity verification good standing search real estate tax status Troy report etc.) on new and existing borrowers.
- Prepares financial request letters for renewals; tracks receipt and assists with followup of items not received
- Manages the receipt and monitoring of required customer reporting for credit facilities secured by accounts receivable inventory equipment stocks etc.; may be responsible for preparing the monthly Monitored Credit and/or Margin Reports.
- Tracks and calculates financial covenants; may be responsible for preparing the monthly Covenant Compliance Report
- Underwrites new ACH & RDC customers vendors participants etc. and conduct its annual reviews
- Directly involved in 2 to 3 different loan types from origination to closing
- Prepares monitors and updates Financial Tickler System
- Bachelors Degree with a concentration/major in business administration finance or accounting strongly preferred
- 13 years of experience with Commercial Credit underwriting
Qualifications
- Excellent verbal written and financial analysis skills.
- Excellent knowledge of common commercial loan products procedures and loan documentation
- Ability to handle a fastpaced environment multiple tasks and deadlines
- Must be computer literate and proficient in the following software: Microsoft Word and Excel
Pay Range and Benefits:
$55000.00 $65000.00
Medical Dental Vision Life and 401(K)
EOE AA Devon Bank is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race religion color national origin gender (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression age status as a protected veteran status as an individual with a disability or other applicable legally protected characteristics.
If you need assistance or an accommodation due to a disability you may contact us at or you may call us at (773).
Required Experience:
IC
Employment Type
Full-Time
