Credit Analyst 1 at The Park Bank

Fitchburg, Wisconsin, United States -

Full Time

Start Date

Immediate

Expiry Date

12 Aug, 26

Salary

0.0

Posted On

14 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Analysis, Financial Statement Analysis, Underwriting, Risk Assessment, Commercial Lending, Financial Spreading, Creditworthiness Evaluation, Loan Documentation, Market Research, Communication, Attention To Detail, Administrative Support

Industry

Banking

Description

Description Park Bank is hiring for our next Credit Analyst, and we want to talk with you! Join a top performing Commercial Credit Underwriting team and help take our commercial lending function to the next level! Within this department, you will find a wonderful group of people with years of experience and happy to help you learn the ropes. You will be in a supportive and engaging environment as you help your fellow Madison/Dane County businesses get to their Next. Park Bank is a community bank – if you’re looking to shift your career to a truly community focused institution (we mean it, it’s what we do!), and plant your roots somewhere long term, then we want to talk to you! As Park Bank’s next Credit Analyst, you have an educational background in business and some finance and or banking experience. Ambition, attention to detail and effective communication are your strong suits. You are passionate about being part of a successful team which provides a positive impact on the community. As a Credit Analyst, you will conduct thorough research to assess various aspects of creditworthiness for new clients. This includes evaluating the character, capacity, capital, collateral, and conditions related to each request. Effectively researching and communicating your viewpoint will come naturally to you, as your authentic desire to learn about our clients and understand each client relationship is important to you. You have an eye for key factors which typically indicate whether financial success of a loan is likely, and you are able to discuss these items with candor and understanding. You are interested in the economic factors that affect us at the national level and especially in our local market. You appreciate the opportunity to work for an organization that values philanthropy and encourages volunteering on company time. Essential Functions & Duties · Develop and present credit information for use by lending officers or committees in making lending decisions on new loans and loan renewals · Offer opinions and present facts regarding credit worthiness · Prepare and analyze financial statement spreads and other related financial documents · Create Loan Committee and Board presentations for loan approval · Monitor files to assure up-to-date financial statements, accounts receivable, and other items are available · Determine the need for more thorough investigation of additional information; contact appropriate sources for such information · Identify loan exceptions and areas to improve the completeness of credit and collateral files · Review developing problems and keep loan officers and management informed · Research industry specific information from outside sources · Monitor partial releases, remaining loan balance and collateral position for real estate development related loans · Review and update all credit, loan and collateral files to ensure that information is current, reporting any difficulties to the loan officers · Provide administrative assistance for originating and servicing commercial loans · Close loan renewals and assisting lenders with new loan closings · Manage exception lists and request information from client or loan officer · Assist and provide back-up support to the Business Bankers · Review loan requests; order credit reports, requests for title and lien searches; ordering appraisals, surveys, and title insurance commitments · Provide basic technical guidance to loan officers as needed Requirements Required Education and Experience · Associate degree or post-secondary classes/degree · Minimum 2 years’ experience in Analyst and/or business finance role; or equivalent combination of education and experience Preferred Education and Experience · Degree in Business, Economics, Finance, or related field Why Work for Park Bank? · Robust Benefit Package Including Medical, Dental, Vision, etc. · Four Different Benefit Packages to Choose What Fits Your Needs Best · 10 Paid Holidays (Including Your Birthday) · PTO That Increases Each Year of Service · Generous 401K Company Match · Wellness Reimbursement Program · Associate Resource Groups (ARGs) · Eligibility to participate in Bank-wide Bonus Program · Hybrid Work Schedule Available · And more! Park Bank is a drug free workplace. All candidates selected for new employment with Park Bank will be required to submit to drug testing after a conditional offer of employment. Employment is contingent on the associate passing the drug test. Credit, Criminal and Driving history will be reviewed when making final employment decisions consistent with applicable laws. Park Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, and protected veteran status. Park Bank is committed to providing individuals with disabilities with reasonable accommodations in its job application and hiring process. If you have difficulty using our online application system because of a disability, you may contact us at the following email address and phone number: humanresources@parkbank.com or 608.301.8674. The Immigration Reform and Control Act of 1986 require employers to verify the employment status of each person hired. Through UnitedHealthcare, UMR and HealthSCOPE Benefits is the published Machine-Readable Files on behalf of Park Bank. Please click to review: Transparency in Coverage

Responsibilities

The Credit Analyst is responsible for assessing the creditworthiness of new clients by evaluating financial statements and conducting thorough research. They develop credit information for lending officers and manage the documentation and monitoring of commercial loan files.