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Farmers State Bank LaGrange · 1 month ago

Credit Analyst

LaGrange,IN,US

Full-time

Onsite

New Grad, Entry Level

Farmers State Bank LaGrange is seeking a Credit Analyst to assist the Credit Analyst Supervisor in providing credit analysis and loan review for the bank's commercial lending activities. The role involves analyzing financial data, performing loan reviews, and preparing reports for management and committees.

BankingFinancial Services

Responsibilities

Provides accurate information and sound judgments on the credit worthiness of assigned accounts to aid the Chief Loan Officer, Chief Credit Officer and other loan approvers in approving loans

This entails analyzing and documenting financial data, along with analyzing financial statement ratios, collateral adequacy, future repayment ability, reading credit reports, evaluating customer’s management ability, history, and character

Performs loan review for commercial loans after closing, predominately for lending relationships in a range of $25,000 to $750,000 in size

Assigns risk ratings for credit relationship in conformance with the Bank’s 8 grade system

Performs periodic analytical review for residential loans after closing

The results of these reviews are submitted to Director’s Loan Review Committee for review

At times may assist lending officers and Business Development Officers on customer calls

At times presents loan analysis and review findings to the Chief Lending Officer, Chief Credit Officer, Loan Committee and/or the Director’s Loan Committee when required

Monitors the current status and problems of assigned accounts and anticipates opportunities and problems which may arise

Brings significant problems to the attention of the Credit Analyst Supervisor

Attends Loan Committee and Director’s Loan Committee meetings in order to prepare minutes for each meeting for Board of Directors submission

Assists the Credit Analyst Supervisor in the preparation of various reports for management, auditors, bank examiners and the Board of Directors

Assists loan officers in determining loan rates to be used for existing and potential customers through the utilization of the Bank’s pricing model software

Assists auditors and examiners on an annual basis

Attend training as needed related to bank compliance, loan documentation requirements, USPAP rules and regulations, and other pertinent banking courses

Performs other related duties and special projects as assigned