Credit Risk Analyst I or II - Omaha, NE​/Onsite

Established in 1964 in Omaha, Nebraska, our family‑owned financial institution’s vision is to be the best in class in meeting the evolving financial needs of our customers. Our extensive history and family‑owned legacy give us a deep and genuine understanding of how to serve and treat our customers. We offer a holistic financial approach with solutions for personal, business and wealth in three markets:
Iowa, Nebraska and Texas.

This position is responsible for exercising discretion and independent judgment in an analytical capacity by underwriting loans using the bank’s lending software – completing written analyses of the applicant’s ability to repay the loan and assess the strengths and weaknesses of the Bank’s repayment sources considering industry and other environmental trends. It assists assigned Relationship Managers with monitoring and managing credit risk for existing client relationships, and interprets and carries out policies relating to all phases of credit administration department functions.

• For Commercial & Industrial (C&I) businesses, commercial real estate investors, and private banking clients:
  • New Business:
    For new or existing relationships with proposed credit exposure generally over Loan Committee thresholds, prepare a Credit Memo with the Relationship Manager including analysis of the business and industry, financial statement changes and trends, cash flow adequacy, collateral coverage, and Guarantor support (including a global cash flow analysis, as needed). Address causes for material changes. Cite mitigants and provide remediation for weaknesses and potential problems.
    
    Identify and discuss strengths, weaknesses, opportunities, and threats.
  • Renewals:
    For relationships with credit exposure generally over Loan Committee thresholds, approximately 60 days prior to maturity of loans, review the Renewal Checklist prepared by the Relationship Coordinators. If not prepared, check the loan system (or credit file) and inform the Relationship Coordinator and Relationship Manager of financial statements, collateral reports, personal financial statements, tax returns, and other customary documentation needed to underwrite the renewal.
    
    Underwrite the Borrower and obtain approval for renewal ideally 30 days, but not less than 10 days, prior to maturity.

• As part of the ongoing portfolio management for Commercial & Industrial (C&I) businesses, commercial real estate investors, and private banking clients:
  • Annual Credit Reviews:
    For Borrowers generally over Loan Committee thresholds, determine on‑going credit quality and appropriateness of the assigned risk rating by reviewing the Borrower’s payment history, financial statement trends, cash flow, and/or operating statements and rent rolls for the Bank’s commercial real estate collateral.
  • Loan Reviews:
    As requested, assist with the independent Loan Review process by completing Loan Reviews in conjunction with the Annual Credit Review.
  • Problem Asset Reports:
    Coordinate and assist the Relationship Manager with the completion of individual monthly reports for loans risk‑rated Special Mention or worse to ensure completeness and accuracy including risk rating rationale, non‑accrual & TDR determination, reserve & impairment discussion, cash flow analysis, collateral analysis, guarantor analysis, strategy statement, and current action plans with SMART goals.
  • Complete reviews of the Bank’s investments, as assigned.
  • Complete financial analyses of the Bank’s vendors, as assigned.

• Create/update spreads of financial statements or tax returns using software and test for compliance with financial covenants, when applicable.
• Verify that the tracking items are accurate and update them if they are not, in addition to the normal spreading done in conjunction with underwriting and reviews.

• Assists in the underwriting of consumer loans.

• Minutes:
  Record and distribute minutes for Loan Committee meetings.
• Meetings:
  Assist with conducting the Past Due Meeting by presenting various reports on…