Credit Analyst I

About the role

This position will perform credit analysis, underwriting, and monitoring of the commercial loan portfolio.

Responsibilities

• Complete accurate, unbiased credit analyses within required timelines and according to standards, including cash flow analysis, credit decision summary preparation, and credit processes.
• Perform credit monitoring functions for a 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 financial spreading software, loan systems, cash flow analysis, and other credit tools.
• Attend and participate in loan committees as requested.

Requirements

• Bachelor’s degree.

Qualifications (Preferred)

• Bachelor’s degree (or completion within the current semester) in accounting, finance, or business.

Benefits

• Medical, Dental, and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional benefits

Pay

Base pay plus bonuses.

About Us

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses, and other organizations. Our vision is to enhance the financial wellness of the diverse communities we serve. Our mission is to be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds and believe in the power of inclusion and belonging.