Credit Analyst III
First Interstate
full-time
Posted on:
Location Type: Office
Location: Sioux Falls • South Dakota • United States
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About the role
- Collaborates with relationship managers in gathering and evaluating commercial credit related information on current and prospective customers.
- Prepares written reports of analysis including in-depth analysis of financial statements, historical and projection-based cash flow and ratio analysis, suggested credit structure, general industry analysis and identified risks.
- Reads, reviews, and understands various financial statements to include tax returns, balance sheets, profit and loss statements, etc.
- Analyzes credit worthiness of commercial applicants and guarantors.
- Analyzes findings and authors a comprehensive report of analysis.
- Evaluates credit quality and suggests proper risk rating based on analysis of most recent financial information.
- Participates in a quality control program that provides for the monthly review of general forms, spreads, and analysis with the provision of feedback and mentoring.
- Acts as a resource for Relationship Managers and other analysts for questions relating to Loan Policy, loan structuring, and underwriting recommendations.
Requirements
- Bachelor's Degree in Business, Finance, or related field required
- 7-9 years of banking experience and/or equivalent combination of education and experience required
- 4-6 years experience in a similar position required
- Experience with financial spread software required
- Commercial banking experience preferred
- Strong organization and time management skills.
- Excellent written and verbal skills.
- Able to develop and maintain internal and external relationships with individuals such as Relationship Managers, Credit Officers, and Risk Management Personnel.
- Strong analytical and problem-solving skills, as well as an attention to detail.
- Proficient with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
Benefits
- Generous Paid Time Off (PTO) in addition to paid federal holidays.
- Student debt employer repayment program.
- 401(k) retirement plan with a 6% match.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial analysiscredit analysiscash flow analysisratio analysisrisk assessmentloan structuringunderwritingfinancial statement analysiscredit worthiness evaluationquality control
Soft Skills
organizationtime managementwritten communicationverbal communicationrelationship buildinganalytical skillsproblem-solvingattention to detailmentoringcollaboration