Credit Analyst II

Benefits Generous Paid Time Off (PTO) in addition to paid federal holidays Student debt employer repayment program 401(k) retirement plan with a 6% match Overview The Credit Analyst II collaborates with relationship managers in gathering and evaluating commercial credit related information on current and prospective customers by preparing written reports of analysis which include in-depth analysis of financial statements, historical and projection-based cash flow and ratio analysis, suggested credit structure, general industry analysis, and identified risks. Essential Duties and Responsibilities Read, review, and understand various financial statements including tax returns, balance sheets, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, credit bureau reports, rent rolls, lease agreements, and appraisals. Prepare financial spreads for commercial and real‑estate businesses, municipalities, non‑profits, and individuals acting as direct obligation borrowers or guarantors. Analyze credit worthiness of commercial applicants and guarantors by reviewing the loan application, spreading historical and projection‑based financial statements, calculating cash flows, leverage, liquidity ratios, evaluating collateral, conducting research on the borrower(s) and key industries, and identifying risks. Analyze findings and author a comprehensive report of analysis using a mix of data analysis (charts, formulas, graphs) and written narrative. Evaluate credit quality and suggest proper risk rating based on analysis of the most recent financial information. Maintain proficiency relative to credit transactions and analytical skills sufficient for independent underwriting of commercial requests, from streamlined to complex requests with limited guidance. Ensure compliance with applicable regulations and stay updated on federal regulation changes and FIB credit policy requirements. Assist the Relationship Manager in preparing reports for quarterly monitoring of classified and criticized commercial relationships. Complete covenant testing of financial performance metrics utilizing prepared financial spreads. Participate in a quality‑control program that reviews general forms, spreads, and analysis monthly, providing feedback and mentoring. Qualifications Strong organization and time‑management skills. Excellent written and verbal communication skills. Ability to develop and maintain internal and external relationships with Relationship Managers, Credit Officers, and Risk Management Personnel. Ability to work in a fast‑paced environment, set priorities, meet strict deadlines, and adapt quickly to changing priorities. Self‑motivated with the ability to assist in credit risk decisions. Strong analytical and problem‑solving skills, and attention to detail. Proficiency with Microsoft Office Suite (Word, Excel, Outlook, PowerPoint) and other financial spread software. Education and Experience Bachelor’s Degree in Business, Finance, or a related field, or 7–9 years of banking experience and/or an equivalent combination of education and experience. 1–3 years of experience in a similar Credit Analyst position required. Commercial banking experience preferred. Physical Demands and Working Environment Dexterity of hands/fingers to use computer keyboard and mouse. Frequent lifting (occasionally up to 10 lbs). Sitting and frequent use of computer equipment. Overtime acceptable subject to business need. Typical work hours M-F 8‑5, regular and predictable attendance required. Equal Employment Opportunity Statement First Interstate Bank is an equal‑opportunity employer committed to a diverse workforce and a barrier‑free employment process. Employment is based solely on an individual’s merit and qualifications directly related to the position. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristic protected by law. We provide reasonable accommodations for individuals with disabilities and those requiring accommodations under Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veterans' Readjustment Assistance Act of 1974, and Title I of the Americans with Disabilities Act of 1990. All applicants must pass pre‑employment screenings that include a background check. First Interstate BancSystem participates in E‑Verify, which requires new employees to verify their identity and employment eligibility through the internet‑based system operated by the Social Security Administration (SSA) and the Department of Homeland Security (DHS). English or Spanish – Right to Work Notice. #J-18808-Ljbffr First Interstate Bank