Credit Analyst Job Olney area,Illinois USA,Finance & Banking

Trust Bank is seeking a highly motivated Credit Analyst to join our growing team. The ideal candidate will possess a strong understanding of credit analysis principles, a high level of attention to detail, and a solid track record of providing sound recommendations.

Job Title

Credit Analyst

Department

Credit

Reports To

Credit Department Officer

FLSA Status

Exempt

Type of Position

Full-Time

Job Summary

The Credit Analyst is responsible for assessing the creditworthiness of applicants across a variety of loan types, including commercial, real estate, agricultural, and consumer. The role leverages financial analysis, banking technology, and data‑driven insights to evaluate risk and support sound lending decisions. Responsibilities include analyzing financial statements, tax returns, cash flow, and collateral to identify repayment capacity, financial trends, and emerging risks.

The Credit Analyst prepares detailed credit presentations that clearly communicate strengths, weaknesses, risk factors, and recommended risk ratings while ensuring compliance with internal policies and regulatory requirements. Working collaboratively with loan officers and other bank partners, the Credit Analyst utilizes approved digital tools and authorized AI‑assisted resources to enhance research, reporting, and workflow efficiency while maintaining independent judgment, critical thinking, and prudent credit decision‑making.

Primary

Duties and Responsibilities

Analyze the overall credit quality and risk of applicants by reviewing financial statements, tax returns, credit reports, collateral values, and other relevant information, including independent online research.

Prepare accurate financial spreads, ratio analyses, and cash flow models using spreadsheet and word processing tools.

Develop comprehensive credit presentations that include repayment capacity of the borrowers and guarantors, collateral descriptions, loan‑to‑value calculations, and a clear summary of strengths, weaknesses, and risks.

Collaborate and communicate clearly with loan officers to assess client needs, loan structure, and pricing. Communicate directly with clients as needed.

Ensure credit analysis and presentations reflect adherence to internal credit policies, loan administration procedures, and regulatory requirements.

Document policy or documentation exceptions, as well as prior‑to‑close conditions.

Assign and recommend credit risk ratings in accordance with Loan Policy guidelines.

Participate as a non‑voting member of the Loan Committee meetings, exercising sound judgment and maintaining constructive communication.

Determine whether requests for information should be furnished or refused based on confidentiality, requiring strong judgment and quick decision‑making.

Recognize irregular or suspicious transactions and take appropriate steps to prevent loss. Help ensure compliance with BSA/AML/OFAC regulations.

Assist with annual loan reviews and portfolio monitoring as requested, including providing support to the Auditor during internal and external audits.

Assist with other credit department tasks such as review of construction loan draw requests, appraisal reports, and environmental reports as needed.

Additional responsibilities as needed to support departmental and organizational goals.

Traits/Characteristics of a Successful Credit Analyst

Strong attention to detail and accuracy
Analytical proficiency in quantitative and qualitative analysis
Ability to think critically, exercise sound judgment, and provide independent recommendations
Highly adaptable to portfolio volume demands
Thorough risk assessment expertise
Inquisitive and curious with a desire to understand why
High level of integrity and professionalism with a strong ability to navigate difficult or contentious conversations

Working Conditions and Essential Functions

The position is Monday through Friday, typically from 8 AM – 5 PM and is a minimum of forty hours a week, but longer hours may be needed to meet the demands of the job. The Bank may consider a remote or hybrid work schedule based on the qualifications of the candidate and the needs of the Bank and the credit team.

The duties may require standing,…