Credit Analyst I

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!

Why 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 Credit Analyst provides analytical support for commercial banking, including an independent analysis of creditworthiness of customers and prospects. The position analyzes current credit data, financial statements, and necessary due diligence data of individuals or companies to determine the degree of risk involved in extending credit or lending money.

Essential Duties & Responsibilities:

• Analyze and accurately spread business financial statements and produce cash flow analysis utilized in support of new and existing commercial loans, renewal requests, and amendments.
• Analyze and identify pertinent historic trends in the customer's business, and evaluate strengths and weaknesses in a Borrower's repayment capacity.
• Assist in the preparation of credit approval forms, annual and quarterly reviews, and accurate and timely risk ratings.
• Assist in the ongoing management and monitoring of commercial loan portfolio.
• Ensure certain financial statements and compliance certificates are up to date.
• Maintain in-depth knowledge of the soundness of borrowers and collateral through financial research including evaluating financial statements and analyzing third party data.

Other Duties:

Please note 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.
• Basic knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
• Use of logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
• Knowledge of generally accepted accounting principles and ability to read a financial statement.
• Must possess strong written and verbal communication and presentation skills.
• Interact effectively with others to establish and maintain smooth working relations.
• Ability to prioritize and multi-task in a fast-paced environment.
• Strong organizational skills, detail-oriented, efficient, and ability to maintain a high degree of accuracy.
• Ability to work as a member of a team to produce needed outcomes and meet deadlines.
• Proficient in Microsoft Outlook and Microsoft Suite including Word and Excel.

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.