Credit Analyst

Commerce Bank Credit AnalystBuilding a career at Commerce is more than just steps on a ladder. It's about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. Our culture is about our people, the ones in our communities and the ones that work with us.Here, you'll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You'll have the space and resources to grow into the best version of yourself. Because our number one investment is you.Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let's talk.Compensation RangeHourly: $26.70 - $31.50 (Amount based on relevant experience, skills, and competencies.)About This JobThe main purpose of this job is to be responsible for analyzing commercial credits by conducting comprehensive financial analysis on companies of diverse industries and sizes.Essential FunctionsPrepare Credit Approval Summary packets (minimal to moderate complexity) manually and through Moody's CreditLensPrepare financial statement spreads and other credit related items as needed (minimal to moderate complexity)Perform basic to moderate financial analysis on companies of diverse industries and sizes for commercial loan requests working to research and learn loan structuring and cash flowResearch and understand basic to moderate level loan documentation and various bank systemsSubmit work for feedback and analysisShare beginner level knowledge with others during training and onboarding processExposure to and/or performance of simple pricing worksheets for loan and relationship profitabilityExposure to loan committee secretary functionPerform other duties as assignedKnowledge, Skills & Abilities RequiredBasic to intermediate knowledge of financial concepts and financial statements utilizing financial and accounting principlesBasic to intermediate understanding of key financial metrics such as cashflow, leverage and debt service coverageBasic understanding of loan structure including cashflow thresholds, collateral pools, covenants and other risk mitigating techniquesBeginner level knowledge of Moody's CreditLensMotivated and organized with strong attention to detail and the ability to manage priorities with oversightInquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skillsAbility to remain adaptable and resilient to most situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core ValuesIntermediate level proficiency with Microsoft Word, Excel and OutlookEducation & ExperienceBachelor's degree in a Business related field, with a preference for majors in Finance or Accounting, or equivalent combination of education and experience required6 credit hours of Accounting, or related coursework and 9 credit hours of Finance, or related coursework required1+ year prior credit or financial analyst experience preferredMust be eligible to work in the US without sponsorship now or in the futureThe candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.