Commercial Credit Analyst - Southern Michigan Bank & Trust

Department: Credit

Reports To: Credit Manager

FLSA Status: Non - Exempt

Location: Jackson, MI

SUMMARY

This position evaluates the creditworthiness of commercial loan customers. The Credit Analyst is responsible for contributing to the loan decision-making process, providing in-depth credit analysis of new and existing customers for the bank. A credit analyst must be able to effectively report results and decisions orally and in writing. They must also be able to work on multiple credits at the same time and prioritize them properly. All other duties and responsibilities as assigned.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

• Spread and analyze financial information for new and existing borrower relationships, evaluating the financial health of the borrower(s)
• Prepare presentations of proposed loans, including objective recommendations regarding creditworthiness
• Prepare annual reviews and credit memos
• Understand and communicate the degree of risk involved in extending credit by developing and evaluating primary, secondary, and tertiary sources of repayment in addition to understanding the liquidity and leverage of the borrower
• Assist with bank audits
• Assist in maintaining loan files for adequate and current financial information and documentation
• Assist with floor plan audits
• Effectively communicate with members of the credit team, loan officers, and others as required
• Assist in the generation of departmental reports as assigned
• Assist with credit or loan administration areas as needed
• Perform industry market research as assigned, emphasis for this posting will be the agricultural industry

SUPERVISORY RESPONSIBILITIES

None

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Must have good attention to detail and be able to work effectively with Loan Officers, Management, and support staff. Needs to develop a working knowledge of collateral instruments such as letters of credit, UCC filings, and personal/corporate guarantees. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

EDUCATION and/or EXPERIENCE

Bachelor's degree (B.A.) from a four-year College or university; or two years related experience and/or training; or equivalent combination of education and experience. A basic understanding of accounting principles and concepts is recommended. Through education or work experience have a basic understanding of the Bank's loan products and loan policies along with a basic understanding of banking laws and regulations as well as industry standards.

TECHNICAL SKILLS

• Windows training
• Microsoft Excel
• Microsoft Word
• Compliance Training

LANGUAGE SKILLS

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

MATHEMATICAL SKILLS

Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee is occasionally required to stand and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, depth perception, and the ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

The noise level in the work environment is usually quiet.