Credit Analyst II at Central Bank

Sioux Falls, South Dakota, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Jan, 26

Salary

0.0

Posted On

11 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Analysis, Financial Statements, Risk Assessment, Financial Ratios, Liquidity Analysis, Profitability Analysis, Market Research, Loan Documentation, Customer Communication, Data Compilation, On-site Inspections, Confidentiality, Problem Solving, Financial Software, Industry Comparison, Customer Service

Industry

Banking

Description

Description POSITION SUMMARY 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. ESSENTIAL DUTIES AND RESPONSIBILITIES The essential functions include, but are not limited to the following: 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 all other duties as assigned Requirements EDUCATION & EXPERIENCE Bachelor's degree in Accounting, Finance, or Economics required or equivalent work experience 2+ years’ experience in similar job duties Central Bank is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.

Responsibilities

The Credit Analyst II is responsible for analyzing credit data and financial statements to assess the risk of extending credit. This role involves preparing recommendations for loan structures and communicating with customers and other stakeholders regarding financial documentation.