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American Commercial Bank & Trust · 2 months ago

Credit Analyst/Credit Officer

Joliet, IL, USA

Full-time

Onsite

Mid Level

3+ years exp

American Commercial Bank & Trust is currently seeking analytical and detailed candidates for a Credit Analyst/Officer position, located in their Joliet, IL office. The primary responsibility of the Credit Analyst is to gather and analyze financial data to assess a new or existing client's creditworthiness, while also collaborating closely with commercial lenders and other credit administration staff.

BankingFinanceFinancial Services

Responsibilities

Analyzes and spreads financial statements for new and potential clients in the Loan Vantage system

Performs cash flow analysis, debt coverage calculations, risk modeling, collateral review, and other quantitative analysis to determine client's credit worthiness, often with complex and intricate credits and relationships

Performs background research on client, industry and market trends, and economic forecasting to incorporate into the credit presentation to support analysis

Works closely with commercial lenders, commercial associates, and other credit administration staff to verify client and loan information

Interacts with clients to procure information and may accompany lenders with onsite client calls

Stays abreast of internal lending and credit policies

Assists with internal and external audits and examinations, and client audits

Due to the growth of the organization, may become involved in helping to develop better internal processes and protocols, and working closely with the Chief Credit Officer, Credit Administration staff and other key executives within the organization

Completes all required annual training (compliance, security, etc.)

Qualification

Credit analysisFinancial data analysisQuantitative analysisAccounting knowledgeRisk modelingAnalytical skillsCustomer service skillsAttention to detailInterpersonal skills

Required

Bachelor's degree in accounting, finance, economics, or business

Solid understanding of accounting, statistics, and economics

Knowledge of commercial credit analysis, market trends and loan procedures

Attention to detail

Strong analytical and critical thinking skills

Strong quantitative skills

Self-motivated, with the ability to multi-task, meet deadlines and manage time effectively

Ability to research financial topics and present reports on findings to a variety of audiences and decision-makers

Adept at decision-making

Strong interpersonal and customer service skills, forming positive working relationships with lenders, clients, internal colleagues, and senior management