Credit Analyst II

Description

Responsible for collecting data from new and existing loan customers in order to perform analysis of financial information and creditworthiness and to assist in the administration of commercial loan accounts.

Responsible for collecting data from new and existing loan customers in order to perform analysis of financial information and creditworthiness and to assist in the administration of commercial loan accounts.

• Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money
• Spread appropriate financial data using CASH software program
• Generate financial ratios, using computer programs to evaluate customer’s financial status
• Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industry
• Analyze data such as income growth, quality of management, and market share to determine expected profitability of loans
• Draft credit analysis memos for annual review, new request and modification
• Prepare recommendations to Commercial Loan Officer regarding loan structure terms, and conditions
• Request and communicate with customers, accountants, and attorneys regarding questions on financials, business structure and other necessary documentation. Confidentiality and integrity are of the utmost importance
• Coordinate the ordering of loan documentation and assist in the documentation of loans to evidence debt, including perfection of security interests
• Keep informed of market and economic conditions that may impact customers and the related credit risk and other professional banking issues
• Prepare and review various reports
• Research industry, market, or other data as needed
• Compile data for accountants as requested by Loan Officer
• Complete references of customer as requested by Loan Officer
• Identify opportunities to refer customers and/or potential customers to other departments for services that may meet their needs
• Consult with customers to resolve complaints and verify financial and credit transactions
• Perform on-site inspections at customer locations to determine customer performance

• Perform other related duties and responsibilities as assigned by management.

• Bachelor's degree in Accounting, Finance, or Economics required or equivalent work experience
• 2+ years’ experience in similar job duties

• Urbandale, IA or Sioux Falls, SD.

Central Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration without regard to race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, sexual orientation, gender identity, status as a protected veteran, or any other characteristic protected by law. We make all reasonable accommodations to meet the obligations under the Americans with Disabilities Act (ADA) and applicable state disability laws.