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Farmers State Bank · 13 hours ago

Senior Credit Analyst

Lagrange, IN

Full-time

Onsite

Senior Level

5+ years exp

Farmers State Bank is seeking a Senior Credit Analyst to assist the Credit Administration Manager in providing competent credit analysis and loan review for commercial lending activities. The role involves analyzing financial data, performing loan reviews, and preparing reports for management and the Board of Directors.

BankingFinancial ServicesPayments

Responsibilities

Provides accurate information and sound judgments on the credit worthiness of assigned accounts to aid Commercial Loan Officers in granting loans. This entails analyzing and documenting financial data, along with analyzing financial statement ratios, collateral adequacy, future repayment ability, reading credit reports, and evaluating customer’s management ability, history, and character

Performs loan review for commercial loans after closing, predominately for lending relationships in a range of $500,000 to $2,500,000 in size. Assigns risk ratings for credit relationship in conformance with the Bank’s 8 grade system

May perform periodic analytical review for residential loans after closing

Performs detailed appraisal reviews for large commercial real estate affiliated loans and residential real estate loans greater than $250,000 in transaction size; as well as an annual appraisal review for a sampling of the loans booked in a given year. At times may be required to attend appraisal review seminars and other appraisal related educational opportunities

Monitors the current status and problems of assigned accounts and anticipates opportunities and problems which may arise. Brings significant problems to the attention of the loan officer with recommendations for remedial action

Assists the Credit Administration Manager in preparing quarterly Substandard Reports in conjunction with loan officers

Assists the Credit Administration Manager in preparing annual Loan Policy manual updates

Attends Loan Committee and Director’s Loan Committee meetings in order to prepare minutes for each meeting for Board of Directors submission

Assists the Credit Administration Manager in the preparation of various reports for management, auditors, bank examiners and the Board of Directors

Assists loan officers in determining loan rates to be used for existing and potential customers through the utilization of the Bank’s pricing model software

Assist auditors and examiners during annual visits

Assists in the training of Credit Analysts

Assists in the training and mentor of Bank Interns in the Analytical Department

Performs other related duties and special projects as assigned

Qualification

Credit analysisLoan reviewBanking complianceFinancial analysisLoan documentationUSPAP knowledgeComputer skillsAgricultural economicsTrainingCommunication skillsMentoring