Finance & Banking Associate, Financial Analyst

First Merchants Bank Associate Position

First Merchants Bank is seeking an Associate to join our team! This position will partner with the Relationship Managers (RMs) to support the commercial sales strategy, interface directly with clients and lines of business partners, and serve as a key contributor to the structure of commercial business.

• Prepare and provide analytics in support to the commercial sales team.
  • Interface with client, gather credit and financial information.
  • Pre-screen and analyze pertinent financial data and Commercial Decision Summary underwriting data.
  • Prepare Opportunity Memos and other necessary sales presentations.
• Assist with completion of annual review and loan covenant/trigger testing.
  • Ensure clients are in compliance with all covenants (financial and otherwise).
• Participate in client meetings with Relationship Manager. Interface with new and existing clients, work through referrals, build client relationship and extend credit within assigned limits.
• Support Relationship Managers with Treasury/cash management needs and solutions.
• Monitor loan maturity dates within the portfolio and recommend renewal strategy with the Relationship Manager.
• Utilize bank reporting tools to ensure progress is documented and tracked, and prepare various scheduled management reports.
• Support portfolio management, assist with loss prevention, identify risk and work delinquent loans up to 30 days.
• Assist with projects and developing new or refining existing efficiencies and processes as required.
• Review and understand credit agreements and all supporting documentation related to the relationship.

• Direct accountability for loss prevention; determine necessary action to be taken on all loans, includes resolving marginal and delinquent loans.
• Extend credit within assigned limits to commercial customers.
• Interview applicants and obtain information concerning their business needs, abilities and earnings, and assess credit risk.
• Review, validate and/or approve letters of credit.
• Cross sell opportunities.
• Coordinate all construction loan draws with clients and direct submission process with internal construction loan administration desk.
• Support RMs in preparation of quarterly PLU’s.

• Bachelor's degree.

• Bachelor's degree in business, finance, economics, accounting or a related field.
• Industry specialization - commercial and industrial, investment real estate, agriculture, dental, veterinarian, corporate or commercial client exposure.
• Financial statement review, decision and/or financial modeling experience.

• 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

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

To enhance the financial wellness of the diverse communities we serve.

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

“We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging.”

Apply today to begin your career with us!

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.