Junior Credit Analyst

• Base Pay $26.25 - $33.65 / Hour
• Job Category Credit Analyst, Underwriting
• Employee Type Non-Exempt
• Required Degree 4 Year Degree
• Manage Others No

• Email abairk

Eagle Rock Bank is growing, come join our team!

Eagle Rock Bank is a locally owned and managed community bank with strong values and a commitment to employees who join our bank family. Eagle Rock has proudly served the community since 1996, with 5 locations in SE Minnesota and Twin Cities.

The Junior Credit Analyst supports the Commercial Lending and Credit Administration teams by analyzing financial information, assessing credit risk, preparing loan presentations, and monitoring existing credit relationships. This position is designed for recent college graduates seeking to build a career in banking, commercial credit, or
financial analysis.

The successful candidate will receive hands-on training in commercial lending, financial statement analysis, risk assessment, cash flow analysis, collateral evaluation, and loan portfolio management. This role provides a strong foundation for future advancement into Commercial Banking, Credit Administration, Portfolio Management, or Lending position.

• Analyze financial statements, tax returns, personal financial statements, and supporting documentation for commercial loan requests.
• Spread financial statements and assess cash flow, debt service capacity, liquidity, leverage, and repayment ability.
• Evaluate collateral, including real estate, equipment, inventory, accounts receivable, and other pledged assets.
• Assist in the preparation of credit approval memorandums, loan presentations, and real estate evaluations.
• Assist in assigning and reviewing internal risk ratings.
• Complete annual reviews of existing borrowing relationships.
• Monitor covenant compliance and track receipt of required financial information.
• Assist with borrowing base reviews, collateral monitoring, and accounts receivable analysis.
• Review appraisals, title work, environmental reports, UCC filings, and other due diligence items.
• Complete collateral inspections.

• Work closely with Commercial Bankers to obtain financial information and support customer relationships.
• Participate in client meetings and site visits as appropriate.
• Assist with special projects, reporting, and other duties as assigned.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• Strong analytical and problem-solving abilities, with the ability to interpret financial statements and identify key trends.
• Strong attention to detail and commitment to accuracy.
• Excellent written and verbal communication skills.
• Effective organizational and time-management skills, with the ability to manage multiple projects and deadlines.
• Ability to work both independently and collaboratively.
• High ethical standards and ability to handle confidential information.
• Proficiency in Microsoft Excel, Word, Outlook, and other business software.
  
  Qualifications
• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• Strong analytical and problem-solving abilities, with the ability to interpret financial statements and identify key trends.
• Strong attention to detail and commitment to accuracy.
• Excellent written and verbal communication skills.
• Effective organizational and time-management skills, with the ability to manage multiple projects and deadlines.
• Ability to work both independently and collaboratively.
• High ethical standards and ability to handle confidential information.
• Proficiency in Microsoft Excel, Word, Outlook, and other business software.

This position is intended to provide a foundation in commercial credit and banking. Employees will receive training in:

• Fi…