Credit Analyst

About the Company

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. Our culture is about our people, the ones in our communities and the ones that work with us. Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are.

About the Role

The main purpose of this job is to be responsible for analyzing commercial credits by conducting comprehensive financial analysis on companies of diverse industries and sizes.

Responsibilities

• Prepare Credit Approval Summary packets (minimal to moderate complexity) manually and through Moody’s CreditLens
• Prepare financial statement spreads and other credit-related items as needed (minimal to moderate complexity)
• Perform basic to moderate financial analysis on companies of diverse industries and sizes for commercial loan requests, working to research and learn loan structuring and cash flow
• Research and understand basic to moderate level loan documentation and various bank systems
• Submit work for feedback and analysis
• Share beginner-level knowledge with others during training and onboarding processes
• Exposure to and/or performance of simple pricing worksheets for loan and relationship profitability
• Exposure to loan committee secretary function
• Perform other duties as assigned

Requirements

• Basic to intermediate knowledge of financial concepts and financial statements utilizing financial and accounting principles
• Basic to intermediate understanding of key financial metrics such as cash flow, leverage, and debt service coverage
• Basic understanding of loan structure including cash flow thresholds, collateral pools, covenants, and other risk-mitigating techniques
• Beginner-level knowledge of Moody’s CreditLens
• Motivated and organized with strong attention to detail and the ability to manage priorities with oversight
• Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills
• Ability to remain adaptable and resilient to most situations with an optimistic outlook and cast a positive shadow aligned with our culture and Core Values
• Intermediate-level proficiency with Microsoft Word, Excel, and Outlook

Qualifications

• Bachelor’s degree in a Business-related field, with a preference for majors in Finance or Accounting, or equivalent combination of education and experience required
• 6 credit hours of Accounting, or related coursework, and 9 credit hours of Finance, or related coursework required
• 1+ year prior credit or financial analyst experience preferred

Pay

For individuals applying, assigned, and/or hired to work in areas with pay transparency requirements, the compensation range for this role is $26.70 to $31.50 per hour. This range contemplates a wide range of factors including location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs.

Benefits

• Employer-sponsored health, dental, and vision insurance
• 401(k)
• Life insurance
• Paid vacation
• Paid personal time
• Career development and education assistance
• Voluntary supplemental benefits

Schedule

Full time

Location: 1000 Walnut St, Kansas City, Missouri 64106