Credit Monitoring Analyst II

Position Summary

The Credit Monitoring Analyst II supports the commercial credit monitoring and portfolio management for the Bank through the review and analysis of borrower and guarantor financial information, testing of financial covenants, and post-closing loan review to ensure alignment between loan approval, documentation, and tracking system.

• Accurately calculate financial ratios and monitor borrowers’ covenants for compliance as outlined in loan documents.
• Effectively communicate internal updates on borrowers’ performance and trend analysis to the appropriate parties.
• Complete post-booking reviews on commercial loans to ensure accuracy of loan documents and proper internal tracking of covenants.
• Analyze and assess financial statements and credit history of existing and potential clients.
• Provide additional support to Credit Administration on special projects as assigned.
• Comply with all credit administration policies and procedures.
• Prepare ad hoc reports as requested.
• Provide backup assistance to team members at peak volume times, including reviewing Borrowing Base Certificates and financial statements for accuracy.
• Mentor less experienced Credit Monitoring Analysts.
• Complete Moody’s Credit Modules as assigned.
• Maintain the highest level of confidentiality of all information.
• Provide extraordinary service while complying with all Bank policies and procedures.
• Adhere to Busey Bank policies and procedures; comply with laws, regulations and industry best practices.
• Demonstrate reliable and predictable attendance; both onsite and remote.

• Strong oral, written and interpersonal communication skills.
• Intermediate understanding of credit analysis and financial statements.
• Full understanding of balance sheets, income statements and cash flow statements.
• Full understanding of loan and collateral documents, including attorney-prepared documentation.
• Strong problem-solving and analytical skills.

• Read and comprehend credit write-ups and loan documentation.
• Prioritize workflow, multi-task and work independently.
• Perform duties under frequent time pressures with high degree of accuracy and attention to detail.

• Requires bachelor’s degree in Finance, Accounting or Business.
• Minimum 2 years of experience with credit loan documents and credit monitoring experience in the financial services industry.
• Experience in nCino and Jack Henry preferred, but not required.
• Requires knowledge of Microsoft Office.

Salary offered is based on factors including job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $69,000.00 - $96,000.00 /year)

Busey provides a competitive Total Rewards package, including 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance, long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. Eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. Busey is an Equal Opportunity Employer, including Disability/Vets. Visit  to learn more about Busey’s Equal Opportunity Employment.