Credit Analyst
Job in
Milwaukee, Milwaukee County, Wisconsin, 53244, USA
Listing for:
The Bank of New Glarus
Full Time
position
Listed on 2026-02-12
Job specializations:
-
Finance & Banking
Risk Manager/Analyst, Financial Compliance, Banking & Finance, Financial Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly
USD
60000.00
80000.00
YEAR
Job Description & How to Apply Below
Overview
Department: Loans
Location: New Glarus Branch (In-Person)
Hours: Monday-Friday 8 am-4:30 pm
Job Summary Job Summary:
Department:
Loans FLSA Status:
Non-exempt, Full Time
Location:
New Glarus, Highway Branch This position is responsible for the collection and tracking of all the Bank’s borrowers/guarantors required financial information to support new and ongoing extensions of credit. Accountable for performing an in-depth analysis of this data, as well as an assessment of current or changing borrower/guarantor risks. Through a defined internal process, reviews on an ongoing basis each assigned credit file’s underwriting documentation for compliance to the Bank’s Loan Policy and regulations and ensures the Bank’s collateral position is properly denoted.
This position supports lenders with proper loan structuring and underwriting documentation, Loan Committee approvals (write-ups) and annual reviews of existing credits. The Credit Analyst must have a working understanding of the Bank’s core loan system, and a strong knowledge of credit supporting systems, such as the Bank’s spread and tickler tracking software, flood certification website, Credit Bureau provider, WDFI’s UCC name/lien searches, etc.
Supervisory
Responsibilities
Supervisory Responsibilities: None
Duties/Responsibilities
Collect and analyze information that reflects the current credit worthiness of existing and new loan customers, including credit bureau reports, financial reports, cash flow analysis and ratio analysis. On an ongoing basis primary employee to monitor the merits of existing credit extensions.Prepares necessary disclosures in accordance with the regulatory requirements, including content and timing.Helps promote a culture of regulatory compliance and safe and sound financial practices.Knows and strictly follows all security, compliance, regulatory, internal control procedures, policies, and laws.Complete financial spreads and credit scoring for all business loans.Support and assist lenders in proper loan structuring, underwriting, and respective Loan Committee approvals (write-ups). Upon approval and request from lender, responsible for the completion of commitment letters.Responsible for preparing and sending out letter requests for required customers’ financial data, and ensures current data is imaged into the Bank’s imaging system, and old data is removed, per the Bank’s record retention policy.Demonstrate an expert level understanding of the loan policy.Participate in business calls and/or customer meetings with loan officers.Responsible for preparing the formal engagement letter to order an appraisal or evaluation. Complete a documented review all Appraisals and Evaluations upon receipt, for Accuracy and CompletenessThe primary contact with Bankers Bank for all Business Credit Card applications and questions.Responsible for continual monitoring of covenants, tracking compliance, submission of required reports, along with any follow-up work required for loans with a government guarantee, or special Bank loan agreement covenants to include, but not limited to, Debtor’s Certificates, interim financial information, special insurance requirements, loan agreement covenants, and special collateral assignment tracking.Responsible for the credit underwriting, negotiating of acceptable terms with respective lead bank, and the ongoing monitoring of loan participations purchased. All file documentation is to mirror the lead bank and will follow this protocol for approval.Assist Sr. Vice President /Chief Credit Officer in the preparation of reports needed for lenders, Loan Committee, Board, examiners, and/or auditors, as assigned, to augment loan review, documentation assessment, and other loan area tracking.All work completed for the Bank both in the credit area, and other areas of the Bank, will follow established policies and operating procedures, which are consistent with the Bank's overall policies and operating objectives.When appropriate and the opportunity arises, sell Bank products and services by clarifying customer's needs, validating services being delivered, presenting features and benefits, and closing by…
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