Credit Analyst I

About the role

This position performs 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 designated portfolio, including spreading and reviewing 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 system, cash flow analysis, and other credit systems and tools.
• Attend and participate in loan committees as requested.

Requirements

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

Qualifications

• Experience in credit analysis and underwriting.
• Strong analytical and problem-solving skills.
• Proficiency in financial spreadsheets and loan management systems.

Skills

• Excellent communication and interpersonal skills.
• Attention to detail and ability to meet deadlines.
• Knowledge of financial principles and practices.

Benefits

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

Pay

Base pay is competitive and includes bonuses.

Schedule

Full-time position.

Benefits

• Additional benefits include paid time off, health insurance, retirement plans, and more.

Company Information

First Merchants is dedicated to enhancing the financial wellness of diverse communities and is committed to attracting and engaging a diverse workforce. We offer a range of benefits and opportunities for professional growth.