Credit Analyst I

About the role

This position performs credit analysis, underwriting and monitoring of the commercial loan portfolio. Key responsibilities include:

• Accurate, unbiased credit analyses within required timelines and according to standards including cash flow analysis, credit decision summary preparation and credit processes.
• Credit monitoring functions for designated portfolio including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring and annual credit reviews.
• Assign call codes, NAICS codes, risk grade and risk rating score data accurately.
• Review appraisals and real estate evaluations.
• Use of financial spreading software, loan system, cash flow analysis and other credit systems and tools.
• Attend and participate in loan committees as requested.

Requirements

To be successful in this position, we require:

• A Bachelor’s degree.
• The following would be a plus: Bachelor’s degree (or completion within current semester) in accounting, finance, or business.

Qualifications

Preferred qualifications include:

• Experience in credit analysis and underwriting.
• Knowledge of financial spreadsheets and loan systems.
• Experience with real estate evaluations and appraisals.

Skills

Skills required for this role include:

• Strong analytical skills.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office Suite.

Benefits

First Merchants offers:

• Base pay.
• Bonuses.
• Medical, Dental and Vision Insurance.
• 401(k).
• Health Savings and Flexible Spending Accounts.
• Vacation/Sick Time.
• Paid Holidays.
• Paid Parental Leave.
• Tuition Reimbursement.

Pay

Details on pay are not specified in the job posting.

Schedule

Details on schedule are not specified in the job posting.

Benefits

Details on benefits are provided above.