Credit Analyst I - Investment Real Estate

First Merchants Bank - Indianapolis, IN

Full-time - Entry Level

Indianapolis, IN

Credit Intermediation and Related Activities

About the position

The Credit Analyst I position at First Merchants Bank involves performing credit analysis, underwriting, and monitoring of the commercial loan portfolio. The role requires completing accurate credit analyses, monitoring financial statements, and participating in loan committees, all while adhering to established standards and timelines.

Responsibilities

• Complete accurate, unbiased credit analyses within required timelines and according to standards including cash flow analysis, credit decision summary preparation and credit processes.
• Complete credit monitoring functions for designated portfolio including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring and annual credit reviews.
• Assign call codes, NAICS codes, risk grade and risk rating score data accurately.
• Review appraisals and real estate evaluations.
• Use of financial spreading software, loan system, cash flow analysis and other credit systems and tools.
• Attend and participate in loan committees as requested.

Requirements

• Bachelor's degree.

Nice-to-haves

• Bachelor's degree (or completion within current semester) in accounting, finance, or business.

Benefits

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits