Credit Analyst III - Oregon, IL

This is a hybrid or in-office position. We are open to this candidate working from one of the following offices:
Oregon - IL, Roscoe - IL, Stillman Valley - IL, or Rochelle - IL.

The Credit Analyst III is a senior individual contributor responsible for independently underwriting complex commercial credit relationships with minimal supervision. The analyst evaluates repayment capacity, develops credit structures and recommendations, and monitors material credit risks. Assignments may include commercial real estate, operating businesses, and agricultural credits. The role serves as a technical resource, reviews analytical work, and mentors Credit Analysts I and II.

Significant policy exceptions and unresolved credit concerns are escalated to the Credit Manager. Loan approval authority requires a separate written delegation.

• Lead assigned complex underwriting requests, renewals, modifications, and annual reviews from information gathering through presentation. Coordinate with lenders, customers, and advisors to resolve material questions and meet agreed deadlines.
• Analyze complex financial statements, tax returns, and ownership structures. Reconcile related entity transactions, distributions, nonrecurring items, and contingent liabilities; validate financial spreads and document significant adjustments and reporting limitations.
• Evaluate primary and secondary repayment sources, including business, personal, and global cash flow. Assess guarantor liquidity and capacity; develop projections and downside scenarios that test key assumptions and repayment resilience.
• Assess collateral quality, marketability, and coverage, including borrowing bases, receivables, inventory, equipment, review appraisals, and environmental reports. . Evaluate valuation and due diligence findings, identify material limitations, and coordinate technical questions with qualified reviewers.
• Integrate management quality, industry conditions, market trends, concentrations, and structural risks into credit conclusions. Serve as a resource for assigned industries or credit types and communicate emerging risks to credit leadership.
• Develop and present well-supported credit recommendations to designated approvers and committees. Work with lenders to recommend terms, repayment schedules, covenants, collateral, guaranties, and monitoring requirements; explain exceptions, alternatives, and residual risks.
• Recommend and substantiate risk ratings, including rating changes and criticized credit designations. Resolve analytical differences through documented discussion and promptly escalated material concerns to the Credit Manager.
• Monitor assigned complex and higher-risk relationships through financial reviews, covenant testing, and exception analysis. Recommend corrective action or enhanced monitoring; support problem loan and restructuring analysis under management direction.
• Perform assigned quality reviews of analysts’ spreads, cash flow models, risk ratings, and credit presentations. Provide actionable feedback and follow up on corrections; coach Credit Analysts I and II and develop training materials.
• Prepare portfolio analyses, stress testing, and management summaries as assigned. Support independent loan review, audits, and examinations through accurate records, explanations, and follow-up on findings related to assigned work.
• Lead assigned process or system improvements and recommend updates to underwriting procedures. Apply Bank policies and compliance requirements, protect confidential information, maintain objective credit judgment, and perform other credit administration duties as assigned.
• Take minutes for Loan Administration Committee…