Credit Analyst I-Sr

About the role

The Credit Analyst role supports Choice Bank's commercial and agricultural lending areas by gathering, reviewing, and analyzing financial and credit information for prospective and existing borrowers. These positions contribute to evaluating credit quality, identifying and mitigating risk, and supporting sound loan structuring and lending decisions. Team members build expertise in Choice Bank's credit culture, underwriting standards, and analytical processes while performing tasks that strengthen the overall credit function.

Responsibilities

• Demonstrates the ability to independently underwrite relationships with total exposure ranging from $750,000 to $10,000,000, depending on experience.
• Reads, reviews, and understands various financial statements including tax returns, balance sheet, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, business credit reports, credit bureau reports, rent rolls, lease agreements, fall cash flow, personal financial statements, environmental reports, and appraisals.
• Prepares credit memos for new and renewing loan requests, clearly communicating analysis through written summaries and supporting data (charts, formulas, graphs, etc.).
• Performs financial statement analysis including trends, ratios, margins, sensitivity, and pro forma.
• Conducts cash flow analysis including traditional and UCA.
• Performs collateral analysis including BBCs, real estate and equipment appraisals, collateral audits, contracts, and purchase agreements.
• Completes guarantor analysis including cash flow, personal financial statements, and credit reports.
• Conducts risk assessment including key risks, policy exceptions, and mitigating factors.
• Performs risk rating including grid completion and rationale commentary.
• Meets with and interviews customers to develop a thorough understanding of the loan request and the business relationship.
• Completes annual reviews, problem loan reports, risk rating changes, and other file comments to preserve the credit integrity of the loan portfolio.
• Provides ongoing monitoring of borrowers' financial indicator covenants for compliance with loan documents.
• Prepares various loan reports as directed from Credit Leadership.
• Develops knowledge on SBA loan products along with policy and procedures.
• Attends credit analysis training provided by Credit Manager as well as RMA or MBA classes.
• Demonstrates the desire to learn new skills.
• Proficient with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.

Requirements

• Bachelor's degree in Accounting, Finance, or related field
• 2-5+ years of experience as a Commercial Credit Analyst

Travel

This position requires travel to support business needs, including team collaboration, internal trainings, and cross-functional initiatives. The frequency and duration of travel will vary based on organizational priorities and team needs.