Credit Analyst

Since 1915, Home State Bank has been dedicated to improving the quality of life for our customers, employees, and neighbors. More than a century later, that commitment remains at the heart of everything we do. We believe strong relationships, exceptional service, and community involvement are the foundation of our success.

About the role

We are seeking a Credit Analyst to join our Crystal Lake team. This is an excellent opportunity for a customer-focused banking professional looking to grow their career while making a meaningful impact every day. At Home State Bank, you're more than an employee—you're a valued team member who plays an important role in helping customers achieve their financial goals while contributing to the success of a locally owned community bank.

Responsibilities

• Prepare financial statement spreads on a timely basis for businesses and individuals, including cash flow analysis, line usage charts, and financial projections as assigned by the Credit Manager to support the Commercial Lending Department.
• Prepare detailed written credit analyses on all commercial loans required in accordance with the Bank’s commercial loan policy. These analyses support existing and new loan relationships and are often presented to the Directors’ Loan Review Committee for approval. Propose appropriate credit risk ratings for loans and identify loan policy exceptions.
• Conduct comprehensive reviews of appraisals that secure commercial real estate transactions to ensure the appraiser used sound methodology.
• Perform evaluations for existing commercial real estate (CRE) loans.
• Assist the Credit Manager in tracking financial statement information, obtaining external credit reports, and gathering industry data to support the Bank’s loan portfolio analysis.
• Complete the underwriting process for retail loan requests, including review of title documentation, financial analysis, and appraisal review.
• Participate in the Bank’s development and training programs to further skills and/or promote bank services.
• Interact professionally with the loan department, borrowers, and third-party representatives such as appraisers and accountants.

Requirements

• Bachelor’s Degree preferred (Accounting, Finance, or Business) or commensurate experience.

Schedule

• Full-time position, Monday through Friday.
• Standard hours: 8:00 AM – 5:00 PM.
• Onsite in Crystal Lake, IL (local candidates only; no relocation provided).
• Occasional local travel may be required.

Benefits

Health & Wellness

• Medical coverage through BCBS (2 PPO options, HSA, and HMO).
• Dental PPO through BCBS.
• Vision coverage through BCBS EyeMed.
• Company-paid life and AD&D insurance ($50,000).
• Company-paid long-term disability insurance.

Financial Security

• 401(k) eligibility after 90 days.
• Company match of 3% after one year.

Time Away From Work

• Two weeks of paid vacation.
• One week of Paid Leave for All Workers.
• Eleven paid FDIC holidays.
• One floating personal holiday.
• Time off is pro-rated the first year.

Learning & Development

• Tuition reimbursement for courses and books up to $6,000 annually (per policy).

Team Culture

• Employee appreciation events, including our annual Holiday Party at Boulder Ridge Country Club.
• A collaborative and supportive workplace focused on professional growth and community involvement.

Award-Winning Workplace

We're proud to be recognized as one of the best places to work in Illinois and McHenry County:

• Northwest Herald 2024 McHenry County Top Workplace Reader Choice Awards.
• Top Workplace: Financial Institution/Service.
• Top Workplace: Large Employer (100+ employees).
• Top Professional Services.
• Top Family-Owned Business.
• Top Business-to-Business Company.
• Top Workplace for Giving Back to the Community.

Pay

$21.37–$32.10 hourly wage.