First Federal Savings Bank - Evansville, IN
posted 5 months ago
The Credit Analyst position at First Federal Savings Bank is a full-time role within the Commercial Lending Department, reporting directly to the Commercial Underwriting Supervisor. The primary responsibility of the Credit Analyst is to conduct thorough analyses of commercial credit applications submitted by commercial lenders. This involves utilizing financial knowledge to accurately spread financial statements and determine appropriate risk grades for loans. The analyst will assess overall risk concerning cash flow, collateral, and the experience of borrowers, ensuring that all aspects of the loan request are thoroughly evaluated. Additionally, the Credit Analyst will assist the senior loan committee by providing detailed answers to any questions regarding loan requests, facilitating informed decisions on approvals or denials. Continuous monitoring of relationships is also a key aspect of this role, as the analyst will analyze financial statements submitted during the life of the loan to ensure ongoing compliance and risk assessment. The position requires a Bachelor's Degree in Finance or Accounting, with a preference for candidates who have commercial lending experience and 1-3 years of credit analysis experience. The Credit Analyst will be expected to spread and analyze financial statements, input and organize information into loan application software, analyze collateral for accuracy, and prepare credit write-ups for loan presentations. The role demands strong analytical skills, attention to detail, and the ability to work under deadline pressure. Proficiency in Microsoft Word and Excel is essential, along with excellent interpersonal skills for dealing with both internal and external customers. The Credit Analyst must also be knowledgeable about all Bank Secrecy Act (BSA) related functions, ensuring compliance with regulatory requirements. First Federal Savings Bank, established in 1904, is a community bank serving the tri-state area with multiple branch locations. The bank is committed to creating an inclusive work environment that values the diverse skills and talents of its workforce. Employees are respected for their contributions towards the company's objectives, and the bank strives to reflect the diversity of the communities it serves. The work environment is office-based, with standard hours from Monday to Friday, 8 am to 5 pm, although overtime may be required based on business needs.