Credit Analyst I

at  Midwest BankCentre

Midwest BankCentre is proud to be recognized as one of St. Louis’ Top Workplaces for the last four consecutive years!
Are you ready to lead with purpose and make a real impact on our community?
Join Our Team and Make a Difference at Midwest BankCentre!
Why Midwest BankCentre? Our company culture is all about engagement and collaboration with our teams. We value diversity, inclusion, and innovation. When you join Midwest BankCentre, you’re not just joining a company; you’re joining a community of like-minded individuals who are dedicated to making a positive impact.
We are committed to making meaningful, long-term investments in communities that lift everyone up so we can all RISE TOGETHER. Our commitment to shared prosperity, our investment in Community and Economic Development and our dedication to diversity and inclusion are reflected is the ways Midwest BankCentre lives its purpose.
Objectives of this Role
This position reports to the EVP Chief Credit Officer and is responsible for workflow management and interaction between the credit department and commercial lenders. The VP Credit Underwriting Management manages a team of analysts, ensuring efficient resource allocation, quality work product, and team development, supports teams’ underwriting of credit approval requests for both prospective and existing clients, and works with relationship managers to accurately evaluate and structure loan requests in accordance to prudent underwriting standards.

Essential Functions

• Responsible for supervision of subordinate staff within the department.
• Responsible for evaluating credit analyst performance, developing their abilities, and improving their output.
• Utilize strategic planning skills to develop and execute effective pipeline management, to ensure timely preparation of credit requests.
• Facilitate the collaboration between underwriting and lending to ensure accuracy, structural soundness and timeliness of credit proposals.
• Review and maintain ownership over team work quality, accuracy and production levels.
• Work with analysts and loan officers to review incoming financial statements on existing customers, financial spreads, loan structure and facilitating the communication of any concerns with the lending and credit leadership.
• Ensure all transactions either conform to the loan policy or ensure all policy exceptions are disclosed in the credit proposal.
• Own and develop bank resources and departmental training to maintain and improve core credit fundamentals and competencies in credit topics.
• Establish and maintain positive working environment and relationships with effective communication with internal and external business partners.
• Participate in establishment and refinement of processes, procedures, and systems in support of the origination, underwriting, and servicing of business purpose loans.
• Assume responsibility for gathering and preparing monthly Executive Loan Committee minutes and credit proposals for the Board Loan Committee.

Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities are as required and may change at any time with or without notice.

Competencies

• Leadership: Provide leadership including business engagement and core responsibilities. Collaborate with business leaders to create a robust and consistent credit risk process with sound quality measures.
• Credit Risk Management: Apply business knowledge to build an efficient credit risk management process that combines assessment, reporting, monitoring and communication.
• Collaboration: Communicate with other Credit Administration Management and Credit Portfolio Management leaders, Commercial Banking business leaders. Developing, implementing and integrating best practices in a collaborative manner.

Leadership Competencies

• Social Intelligence: Strong understanding of social situations and dynamics, and ability to to operate effectively in a variety of social situations.
• Emotional Intelligence: Ability to communicate at the emotional level, understand emotions and emotional situations.
• Decision Making: Ability to make good decisions and knowing when to consult subordinates or peers and bring them into the decision making process, and when it’s time to step back and let others decide.
• Process Improvement: Provide direction on the analysis, selection, and implementation of continuous process improvement practices.
• Partnership: Proactively develop and expand deep relationships within Commercial Banking. Utilizing established continuous feedback loop in gathering both experience-based and measureable responses.
• Team member development and training: Partner with available resources and current managers in the creation of a comprehensive process focused on training, career development, and talent acquisition.

Skills and Qualifications

• Bachelor’s Degree in finance, accounting or another business related field from an accredited college or university required and related training, such as Commercial Bank Lending School (or similar program).
• Experience required: 6-10 years commercial lending and/or a credit administration position including underwriting and assessment of credit requests.
• Advanced financial and risk analysis understanding necessary to analyze complex credit data and financial statements to determine the degree of risk involved in extending credit.
• Advanced knowledge of Bank lending policies, as well as strong knowledge of Federal and State compliance and regulatory requirements.
• Excellent oral and written communication skills.
• Ability to operate Bank and Loan services-related computer applications and other basic office equipment and software. Working knowledge of nCino and Wolters Kluwer CASH Suite or similar financial analysis software.
• Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.

Physical Demands

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• Extensive reading and computer use is expected more than 50% of the time. Receiving detailed information verbally, in person, in writing, and by telephone is essential.
• Physical and mental ability to perform the essential functions of the job as listed.
• Able to regularly stand or sit for prolonged periods of time.
• Able to verbally communicate effectively with others.
• Able to legally operate an automobile in order to perform external real estate collateral inspections and other duties as assigned.
• Regular attendance is necessary and essential to this position.

Ready to Make Your Mark?
If you’re passionate about banking with a purpose and ready to take the next step in your career, we want to hear from you! This is an excellent opportunity for individuals with commercial credit experience who are eager to contribute to our community-focused mission.

WHY JOIN US:

• Community Focus: Be part of a community bank that values and actively supports the St. Louis area.
• Competitive Compensation: We offer a comprehensive salary and benefits package.
• Professional Growth: Opportunities for continuous learning and development.
• Impactful Work: Play a key role in shaping the credit strategy and success of our organization.
• Collaborative Culture: Work in a supportive and dynamic environment that values teamwork and innovation.
  Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply for jobs unless they meet every listed qualification. Midwest BankCentre is recognized nationally for its Diversity, Equity, and Inclusion practices and embraces these practices as a competitive advantage.
  If you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be the right candidate for this or other Midwest BankCentre roles!
  AAP/EEO Statement
  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, or protected veteran status and will not be discriminated against on the basis of disability.
  We thank all applicants in advance for their interest in this position and Midwest BankCentre. Only applicants selected for an interview will be contacted

• Responsible for supervision of subordinate staff within the department.
• Responsible for evaluating credit analyst performance, developing their abilities, and improving their output.
• Utilize strategic planning skills to develop and execute effective pipeline management, to ensure timely preparation of credit requests.
• Facilitate the collaboration between underwriting and lending to ensure accuracy, structural soundness and timeliness of credit proposals.
• Review and maintain ownership over team work quality, accuracy and production levels.
• Work with analysts and loan officers to review incoming financial statements on existing customers, financial spreads, loan structure and facilitating the communication of any concerns with the lending and credit leadership.
• Ensure all transactions either conform to the loan policy or ensure all policy exceptions are disclosed in the credit proposal.
• Own and develop bank resources and departmental training to maintain and improve core credit fundamentals and competencies in credit topics.
• Establish and maintain positive working environment and relationships with effective communication with internal and external business partners.
• Participate in establishment and refinement of processes, procedures, and systems in support of the origination, underwriting, and servicing of business purpose loans.
• Assume responsibility for gathering and preparing monthly Executive Loan Committee minutes and credit proposals for the Board Loan Committee