Position Description

The primary purpose of the position is to evaluate the financial condition of businesses and individuals applying for credit with 1st State Bank, by providing an independent credit review and risk assessment on such loan requests. This position will work closely with the loan and lending staff to prepare presentations that include documentation risk, collateral risk, and repayment of loans.

Position Summary

This position will establish a basic understanding of loan policy, with little to no experience previous, while continuing to develop in the Credit Analyst role. As Credit Analyst I, this position will assist in testing covenants, do regular analysis of smaller loan relationships, working on projects/matters of limited complexity in a support role, create relevant databases and reports, as needed by loan officers and committees as requested.

Duties/Responsibilities

Analyze information and prepare loan analysis reports as assigned
Prepare new applications or renewal/extension of requested loans
Complete evaluation of collateral materials
Assist Business Lenders in the management of customer relationship through credit file tracking, financial statement monitoring, credit reviews and analysis of financial performance
Utilize financial spreading software to analyze borrower information
Utilize tools from outside sources when conducting credit and industry analysis
Perform work following department work processes and ethics standards
Prepare minutes for loan committee meetings
Perform due diligence on existing files as needed
Support Loan Documentation Department as needed
Performs other duties as assigned.
Follows all 1st State Bank policies, procedures, compliance, and security practices.

Required Skills/Abilities

Good organizational and problem-solving skills
Good written and verbal communication skills
Ability to adapt to changing deadlines and workload
Incorporate Bank Values within work environment
Moderate knowledge of Microsoft Word and Excel
Basic understanding of loan policy and reporting needs

Qualifications

Bachelor’s Degree in Business, Finance, Accounting, Statistics, Economics, or comparable

1st State Bank Great Lakes Bay

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