Credit Portfolio Analyst at First Mid Bank & Trust

Mattoon, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

30 Jul, 26

Salary

25.57

Posted On

02 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial analysis, Financial statement review, Risk assessment, Microsoft Office, Microsoft Excel, Data compilation, Financial ratios, Loan compliance, Business writing, Time management, Organization, Multi-tasking, Communication skills, Detail oriented, Teamwork

Industry

Financial Services

Description

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e. bonus, incentives, and/or commission). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements. Responsible for completion of financial analyses for commercial and ag loan relationships and activities related to the oversight and monitoring of the commercial loan portfolio. Responsibilities include, but are not limited to: * Perform financial statement reviews on existing and prospective commercial and ag loan relationships. Monitors adherence to lending policies for existing and prospective relationships. * Create professional financial analysis presentations for review by lending personnel and makes risk grade recommendations * Compiles data to complete industry and peer financial analyses. * Perform financial statement reviews on existing and potential Bank vendors. * Calculate and analyze financial ratios to monitor borrower compliance with business loan agreements. * Calculate and analyze borrowing base advancement and line of credit availability to monitor the borrower’s compliance with business loan agreements based upon the borrower provided financials. * Ensure procedures for out of compliance covenants and borrowing bases are followed according to Policy. * Provide reports to Loan Administration Committee on a monthly and quarterly basis. * Complete training associated with job function. * Other duties and special projects as assigned. Qualifications Education/Experience: * Bachelor’s degree in Accounting, Finance, or Business Administration and/or commensurate banking experience. * Proficient in Microsoft Office * Formal training in Microsoft Excel preferred Skills: * Detail oriented * Strong communication skills * Analytical in nature * Possess stronger than average time management, organization, and multi-tasking skills * Business writing skills * Comfortable in a team environment working with deadlines. Total Rewards: * Competitive health, dental & vision coverage with HSA match * 401(k) with employer match + Employee Stock Purchase Plan * Generous PTO, paid holidays & parental leave * Tuition reimbursement & performance-based bonuses * Visit our Total Rewards [https://www.firstmid.com/careers/total-rewards/] page to see our full list of benefits First Mid Bancshares, Inc. is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification. THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

Responsibilities

The analyst is responsible for performing financial statement reviews for commercial and agricultural loan relationships and monitoring portfolio adherence to lending policies. They will also create financial presentations, calculate loan ratios, and provide reports to the Loan Administration Committee.