Credit Analyst

Community State Bank is seeking a Full-Time Credit Analyst I to join our Fort Wayne, Indiana Commercial Credit team. Community State Bank offers a competitive compensation and benefits package and a positive, team-oriented environment.

Job Title: Credit Analyst I
Reports To: Credit Department Manager
Supervises: None
Division: Credit
FLSA Classification: Non-Exempt
Pay Rate: Hourly

Position

Purpose:

The Credit Analyst I is primarily responsible for assessing credit risk for commercial loan applications and monitoring the Bank’s existing commercial loan portfolio thereby ensuring the accuracy and timeliness of loan grades. Additionally, this role may be responsible for assisting with commercial construction loan monitoring and draw review.

• Commit to learning, integrating, and modeling CSB’s ‘I CREATE’ core values:
  Integrity, Communication, Respect, Encouragement, Accountability, Trust, and Equality
• Align to bank-wide vision, mission, and business objectives.
• Commit to continuous personal and professional growth in the areas of teamwork, customer service, and job specific competencies.

• Monitor Annual Review tracking and complete annual reviews for the commercial loan portfolio.
• Monitor Borrowing Base tracking and process updates to line of credit availability.
• Monitor Financial Covenant tracking for the commercial loan portfolio and perform calculations.
• Monitor Marketable Securities tracking and process margin calls.
• Complete the review of commercial appraisals under $1MM in lending reliance.
• Perform financial spreads as needed.
• Perform cash flow/collateral calculations as needed.
• Perform floor plan checks on a periodic basis.
• Assist other credit department team members on an as needed basis.
• Meaningfully contribute to credit team projects on an as needed basis.

• Become familiar with C&I, IRE, Individual, and Agribusiness lending disciplines.
• Prepare low complexity Commercial Loan requests ensuring (i) the loan request adheres to the Bank’s Loan Policy and exceptions are properly mitigated, (ii) that key risks within the transaction are understood and properly mitigated, and (iii) the borrowing relationship is properly graded.
• Become a subject matter expert on CSB Policy & Procedures as well as all other CSB credit processes.
• Assist credit department team members in the preparation of new Commercial Loan requests that are being submitted to loan committees.
• Assist Loan officers in the analysis of loan requests or for situational analysis.

• Perform construction draw reviews for assigned commercial construction loans in accordance with Bank policy, approved budgets, and loan documentation.
• Review borrower draw requests for completeness and consistency with the approved construction budget and prior advances.
• Reconcile draw requests to approved budgets, inspection reports, and loan agreement requirements.
• Review third-party inspection reports, lien waivers, and supporting documentation to assess consistency with reported construction progress.
• Identify, document, and elevate exceptions, variances, or potential risk concerns related to construction progress, cost overruns, or use of proceeds.
• Collaborate with loan operations and lending staff to support timely and accurate processing of approved construction draws.
• Maintain appropriate documentation to support internal controls, audit, and regulatory review.

• Be fully trained and knowledgeable in all compliance-related areas of CSB including, but not limited to: BSA, OFAC, etc.
• Perform other duties as assigned

• Frequent sedentary work that primarily involves sitting.
• Occasional standing and walking.
• Frequent repetitive motions that include the hands and/or fingers.
• Constant operation of a computer and other office productivity machinery, such as a calculator, copy machine, phone, and printer.
• Occasional lifting of up to 10 pounds.
• Constant written and verbal communication with others to exchange information.
• Constant state of awake and…