Credit Analyst
About this role
Credit Analyst
About the Role:
As a Credit Analyst, your main responsibility will be to assess the creditworthiness of individuals and businesses applying for loans. You will analyze financial data, review loan documentation, and evaluate the overall credit risk. By conducting thorough credit analysis, you will help the organization make informed decisions regarding loan approvals and terms. Your expertise in credit management and financial statement analysis will be crucial in identifying potential risks and ensuring the organization's loan portfolio remains healthy. Ultimately, your role will contribute to the organization's financial stability and growth.
Essential Duties and Responsibilities:
- Analyzes complex financial standing of customers and prospects.
- Forecasts trends based on detailed financial and industry data.
- Uses a variety of source material including outside analyst's reports to analyze and recommend courses of action with regard to a customer's credit portfolio.
- Identify potential problems and/or weaknesses of a company by virtue of a high level of analytical expertise in examining spreads.
- Assures compliance with loan conditions, collateral and financial covenant requirements.
- Utilizes and maintains a tracking system.
- Maintains customer files, covenant compliance records and other required internal records.
- Other duties as assigned.
Qualifications:
- Bachelor’s degree in business, finance or accounting is required.
- Previous credit experience is preferred but not required.
- Excellent communication and customer service skills.
- Ability to multi-task and adapt to change.
- Knowledge of Microsoft Office products (primarily Excel, Word and Outlook).
- Ability to assume responsibility, excellent problems solving skills and exercise good judgment making decisions.
Benefits May Include the Following:
https://www.bankwithbos.com/careers/
Salary Range:
The salary range for this position is $45,000.00- $55,000.00/year, depending on experience and qualifications. In addition to the base salary, compensation may include bonuses, benefits, and other incentives.
Company at a glance
With a focus on community, Jack A. Marantz founded Bank of Springfield (BOS) in Springfield, Illinois in 1965. Today, the tradition continues under the leadership of Chairman of the Board and Chief Executive Officer, Tom Marantz; our President, Mike Pence; and Executive Vice President and Vice Chairman of the Board, Jason Knoedler.
From our roots as a neighborhood bank on the southeast side of Springfield, Illinois; BOS has grown to 15 full-service branches in Illinois and Missouri and one loan production office in Missouri. As we continue to expand operations, you have our promise to remain privately held and responsive to your needs.
BOS is committed to utilizing our resources to make a positive impact on the communities we serve. We are proud to sponsor many projects, organizations, and events.
Our employees continually dedicate their time volunteering for local organizations, including food, clothing and toy drives, blood drives, and numerous charity events. We are passionate about educating our communities through financial literacy programs and working with customers to grow their financial future.
Member FDIC. Equal Housing Lender.
For your security, never post account information or your social security number on social media sites. Please call 1-877-698-3278 for assistance.
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