First Merchants Corporation · 5 months ago
Team Lead, Credit Analysis
Muncie, IN
Full-time
Onsite
Senior Level
2+ years expFirst Merchants Bank is seeking a Team Lead, Credit Analysis to join their team. This position is responsible for leading a team of Credit Analysts in performing credit analysis, underwriting, and monitoring of a commercial loan portfolio, as well as handling complex borrowers' needs.
Financial Services
Responsibilities
Manage staff, includes interview, hire, train and mentor, evaluate performance, recommend salary adjustments and career changes, recommend disciplinary counseling and terminations
Provide leadership of the credit analysis function for the assigned credit analysts, including: Conduct training for the Credit Analysts assigned to supplement corporate training in all required areas including cash flow analysis, credit decision summary preparation, and credit processes
Conduct review of the credit decision summary packages for accuracy and completeness for Credit Analyst I and others as needed
Manage workflow of the assigned Credit Analysts to completion within expected timeframes
Manage completion of all 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
Manage data integrity for call codes, NAICS codes, risk grade and risk rating score accuracy
Perform credit analysis duties for more complex or other credits as workflow requires
Assist with underwriting for complex credits to assure accuracy and depth of analysis strength within team
Hands on and familiar use of financial spreading software, loan system, cash flow analysis and other credit systems and tools
Attend and participate in loan committees as requested
Attend and participate in department meetings
Qualification
Required
Bachelor's degree
Two (2) years of related analytical experience
Preferred
Bachelor's degree in accounting, finance or business
Benefits
Base Pay PLUS Bonuses
Medical, Dental and Vision Insurance
401k
Health Savings and Flexible Spending Accounts
Vacation/Sick Time
Paid Holidays
Paid Parental Leave
Tuition Reimbursement
Additional Benefits
Company
First Merchants Corporation
First Merchants Corporation is the largest financial services holding company in Central Indiana, headquartered in Muncie, Indiana.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Mark Hardwick
Chief Executive Officer
Mike Rechin
President and CEO
Recent News
Inside INdiana Business
2024-04-16
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