Job Information
1st Source Bank Senior Analyst I, Credit, South Bend, IN in South Bend, Indiana
Senior Analyst I, Credit, South Bend, IN
Job Category:Credit Requisition Number:SENIO003358
Posting Details
- - Posted:October 24, 2024
Full-Time
Locations Showing 1 location South Bend Main Office 100 N Michigan St South Bend, IN 46601, USA
Job Details
Description
POSITION SUMMARY:Responsible for assisting the sales staff through the evaluation, analysis and management of loan transactions of current and prospective customers including periodic reviews.
ESSENTIAL REQUIREMENTS:
- Assists Relationship Managers with new and existing credit relationships.
- Reviews financial statements, prepares summaries, facts and opinions concerning credit worthiness.
- Communicates directly with CEO, CFO, CPAs and attorneys of customers and prospects regarding credit related matters.
- Reviews and administers loan and loan commitments to ensure adherence to policy guidelines and documentation is adequate to secure collateral.
- Develops and prepares reports and records relating to business loans, as required.
- Properly grades the account.
- Performs cash flow and financial analysis.
- Manages annual customer performance.
- Approves loan requests up to assigned credit authority.
- Responsible for the completion of all compliance training related to the position.
- Must understand all applicable laws and regulations that apply to the position and comply with the requirements.
NON-ESSENTIAL FUNCTIONS: Performs all other duties as assigned.
EXPERIENCE/SKILLS:Five (5) years or more of credit analysis experience preferred or equivalent experience in a related field preferred.
- Credit skills that would allow for accurate and appropriate credit underwriting of a loan request.
- Ability to assess collateral values.
- Ability to utilize various software packages (i.e., nCino, Salesforce, Microsoft).
- Ability to assess customer managements abilities.
- Good PC skills--proficiency in Microsoft Word and Excel essential.
- Good analytical and quantitative skills.
- Ability to communicate verbally and in written format.
- Ability to think independently.
EDUCATION: Bachelors degree in Accounting or Finance preferred.
LICENSES/CERTIFICATIONS: RMA-CRC credentials preferred. TRAVEL REQUIREMENTS:Ability to travel to all locations as well as ability to travel over night, as needed for meetings, projects, seminars, etc.
PHYSICAL DEMANDS:The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.Reasonable accommodations may be made to enable individuals to perform the essential functions. While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds. EQUIPMENT:MS Office PC, fax, phone and standard office equipment.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigatio conducted by the employer, or (c) consistent with the contractors legal duty to furnish information. 41 CFR 60-1.35(c)
