Credit Analyst III

What You’ll Be Doing

As a Credit Analyst at Bank Iowa, you will analyze loan requests, establish standards and manage submission and completion process for commercial loan requests bank-wide, generally in excess of $500M of total commitments. This role analyzes complex commercial loan requests, identifying strengths and weaknesses, providing recommendations for both loan structure and monitoring, and noting any deviations from loan policy, as appropriate. Also reports on on-going status of submissions in commercial credit request queue.

Core Responsibilities

• Develops and maintains submission standards to commercial credit underwriting department.
• Maintains bank-wide commercial credit underwriting queue, ensuring timely completion of all requests
• Reads and comprehends complex accounting and financial transactions necessary in the analysis of commercial credit requests
• Evaluates and spreads client financial information within Lending Cloud, the bank’s analytical and spreading platform
• Analyzes and comments on client financial information as it relates to performance, efficiency, and trends of the following: Balance sheets, income statements, tax returns and supplemental schedules, such as accounts receivable agings, accounts payable agings, rent rolls, and other common accounting information.
• Calculates risk ratings based on available financial information
• Provides recommendations for industry standard loan covenants, tracking mechanisms, reporting quality and frequency based on available information.
• Prepares credit presentations for commercial credit requests which serve as the basis for bank-wide approval processes.
• Documents known exceptions to loan policy within credit presentations.
• Has access to confidential information relating to customers and accounts.
• Protects the privacy and confidentiality of customers, other employees, and work.
• Responsible for respectful and constructive interaction with both internal clients (loan officer staff) and possibly external clients at the direction of loan officer staff.
• Provides guidance and recommendations to loan officer staff in a professional manner consistent with high-quality client service standards.
• Provides guidance and personal development feedback for credit analyst staff as a mentor and trainer.
• Interacts with a variety of professionals and represents the bank in interactions with bank clients and other professionals.

This is a full-time position and typical work hours and days are Monday through Friday 8:00 AM to 5:00 PM.