Senior Credit Analyst

Senior Credit Analyst

Midwest BankCentre is proud to be recognized as one of St. Louis' Top Workplaces for the past 5 years! Are you ready to lead with purpose and make a real impact on our community? Join Our Team and Make a Difference at Midwest BankCentre!

Our company culture is all about engagement and collaboration with our teams. We value diversity, inclusion, and innovation. When you join Midwest BankCentre, you're not just joining a company; you're joining a community of like-minded individuals who are dedicated to making a positive impact.

We are committed to making meaningful, long-term investments in communities that lift everyone up so we can all RISE TOGETHER. Our commitment to shared prosperity, our investment in Community and Economic Development and our dedication to diversity and inclusion are reflected is the ways Midwest BankCentre lives its purpose.

Objectives of this Role:

The Senior Credit Analyst position will be in a leading role in supporting the Commercial Lending Team with centralized underwriting needs, assisting in line of business portfolio management and other complex credit functions. The Senior Credit Analyst routinely handles the most complex credit requests in a timely responsive manner. Performs a wide variety of tasks that require a broad knowledge of department operations, policies, and procedures. May also assist with the supervision of subordinate staff within the department.

Essential Duties & Responsibilities

• Responsible for providing an independent analysis of credit quality for loan relationships of all levels of complexity at the bank to determine borrower's financial condition and ability to repay; reviewing credit facility requests to determine compliance with structural, corporate policies and procedures and ensuring that proposed transactions comply with government regulation; preparing accurate credit approval documents, in accordance with Department procedures, which outline the material strengths and weakness of the proposed transaction(s); recommending appropriate risk ratings to borrowers or specific loans; supporting credit and lending staff though completion of particular analysis requested which would be classified as above average in complexity; conducting annual credit reviews.
• Prepares credit approval memorandums utilized by senior/executive management to approve loans. Ensures documents are accurate and assumptions are evidenced in the proposal.
• Recommends appropriate risk ratings to proposed borrowers or loan transactions, including regulatory non-Pass ratings, which will directly influence the ALLL provision and bank earnings.
• Performs duties with supervision of VP, Credit Underwriting Management or Senior Management which will provide opportunity to develop a thorough understanding of various types of lending facilities as well as a variety of companies and industries.
• May participate with relationship managers on calls with commercial loan customers.
• Strong understanding of the bank's metrics and conditions for tracking its client's operating/financial performance after loan origination including covenant monitoring and borrowing base compliance.
• Firm understanding of the bank's loan policy/program for extending credit to its clients.
• Provide front-end support of loan request packages to ensure all pertinent financial information is in the credit file.
• Prepares reports as requested by department manager, loan officer, and senior management.
• Assist bank examiners and audit personnel in obtaining information related to areas of responsibility.
• Provides a leading role in the underwriting goals to provide guidance and training to other analysts on the team.
• Assumes additional duties as requested, including special projects which junior credit analysts do not have the knowledge or understanding to complete.
• May assist with the supervision of subordinate staff within the department. May also be responsible for evaluating their performance, developing their abilities, and improving their output.

Supervisory Responsibilities

• Assists with the supervision of subordinate staff within the department.
• May also be responsible for evaluating their performance, developing their abilities, and improving their output.

Other Duties

Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities are as required and may change at any time with or without notice.

Competencies

• Customer Centric Focus
• Diversity and Inclusion
• Act with Integrity
• Collaboration and Teamwork
• Results Oriented/Execution
• Business Acumen

Skills & Qualifications

• Bachelor's Degree in finance, accounting or other business-related field required or equivalent experience.
• Minimum of two (2) years in commercial credit analysis function. Must have worked as a Credit Risk Analyst II or similar related experience.
• Sound financial and risk analysis understanding necessary to analyze complex credit data and financial statements to determine the degree of risk involved in extending credit.
• Extensive knowledge of banking products and services.
• Knowledge of corporate business structure and legal documents.
• General knowledge of U.S. government and regulation.
• Proficient in Microsoft Outlook and Microsoft Suite including Word and Excel.
• Understanding of nCino / ability to manage credits assigned to analysts in the system.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Ready to Make Your Mark? If you're passionate about banking with a purpose and ready to take the next step in your career, we want to hear from you! This is an excellent opportunity for individuals with commercial credit experience who are eager to contribute to our community-focused mission.

Why Join Us:

• Community Focus: Be part of a community bank that values and actively supports the St. Louis area.
• Competitive Compensation: We offer a comprehensive salary and benefits package.
• Professional Growth: Opportunities for continuous learning and development.
• Impactful Work: Play a key role in shaping the credit strategy and success of our organization.
• Collaborative Culture: Work in a supportive and dynamic environment that values teamwork and innovation.

Don't meet every single requirement?

If you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be the right candidate for this or other Midwest BankCentre roles!

Equal Opportunity Employer

Midwest BankCentre is an equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities.

We thank all applicants in advance for their interest in this position and Midwest BankCentre. Only applicants selected for an interview will be contacted.