Credit Analyst

Job Summary

Analyze routine financial data of clients, including financial statements and cash flows. Reports financial position and credit worthiness of new and existing customers. Prepares in-depth written presentations, based upon their findings to assist bankers and Credit Admin when making credit decisions on lending and credit-worthiness. Monitors ongoing financial information and brings irregularities to the attention of the lender.

• Perform full range of duties pertaining to the credit analysis of new and existing borrowers. Analysis will be performed in accordance with established procedures and should include the following steps:
• Collect and enter customer financial data into bank’s credit platform system.
• Analyze data and prepare narrative on balance sheet, income statement, cash flow, financial ratios, and other relative data.
• Develop a conclusion or recommendation based on the analysis performed.
• Provide completed analysis to lender for review. May assist with financial analysis presentations to the loan committee as needed or requested by the lender.
• Review collateral and apply discounts appropriately.
• Assist in overall portfolio management to include past due loan and past due annual review management.
• Assist the Credit Risk Management department with review of loan files at the market locations.
• Perform annual credit reviews of term credits, requesting and analyzing financial statements from customers, monitoring collateral, etc.

• Keep abreast of new developments and trends in various industries related to the loan portfolio.
• Participate in the establishment of commercial and retail lending goals and profitability objectives and in the implementation of policies and procedures to assure the achievement of those goals.
• Maintain education and professional expertise through attendance at job related seminars, conferences and workshops and involvement in professional civic and community groups in leadership positions.
• Assists the Credit Admin department with special non-recurring and ongoing projects as needed.
• Perform other duties as assigned.

• Bachelor’s degree in Accounting required and/or other related work experience of 3 – 5 years in business, finance, accounting or related field.
• Knowledge of financial statements and ability to analyze credit worthiness.
• Basic knowledge of banking laws, rules, regulations and requirements.
• Excellent communication skills, both verbal and written.
• Proficient in using Outlook, Word and Excel.
• Must be able to meet objectives, goals, and imposed deadlines with minimal guidance.
• Ability to travel

• Health Insurance
  - Dacotah Bank pays 100% of the premium, family and individual coverage
• Dental Insurance
  - Dacotah Bank pays 100% of the premium, family and individual coverage
• Health Savings Account
• Life Insurance for the employee and family
• Paid Vacation and Sick Time
• Retirement Plan Options
• Additional Perks and Benefits

Intermediate

Decision Making Advanced

Intermediate

Dedicated:
Devoted to a task or purpose with loyalty or integrity

Thought Provoking:
Capable of making others think deeply on a subject

Detail Oriented:
Capable of carrying out a given task with all details necessary to get the task done well

Self-Starter:
Inspired to perform without outside help

Ability to Make an Impact:
Inspired to perform well by the ability to contribute to the success of a project or the organization

Bachelors or better in Accounting or related field.

3-5 years:
Business, Accounting, or Finance related work

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.