Credit Analyst I

Cedar Rapids Bank & Trust - Cedar Rapids, IA

Full-time - Entry Level

Cedar Rapids, IA

251-500 employees

Credit Intermediation and Related Activities

About the position

The Credit Analyst I position at Cedar Rapids Bank & Trust is focused on supporting the Credit Administration Team and Commercial Bankers by performing various administrative, analytical, and reporting tasks related to managing the commercial credit portfolio. This role is essential in contributing to client relationships through consistent quality service and involves a range of responsibilities from loan request inception to compliance with lending regulations.

Responsibilities

• Assist and support the Commercial Banking team from the inception of a loan request, including gathering financial information and preparing financial statement spreads.
• Perform cash flow analysis and order appraisals/evaluation reports as needed.
• Assist Credit Administration with internal servicing of the portfolio by completing risk rating change documentation and performing floor plan checks/audits.
• Manage the portfolio tracking process, including gathering and entering data in tracking reports and reviewing monthly reports.
• Manage the loan committee process, including preparation and distribution of loan packets and Loan Committee Agenda and minutes.
• Assist in the completion of monthly or quarterly problem loan reports.
• Maintain and update knowledge of internal procedures and various systems used, including Signature, Sageworks, and Nautilus.
• Adhere to regulations for commercial loan compliance and all applicable company policies and procedures.

Requirements

• Bachelor's degree in business, finance, or a related field is highly desired.
• A minimum of three years of experience in lending, banking, or the financial industry is preferred.
• Strong verbal, written, and interpersonal communication skills are essential.
• Ability to organize and analyze complex financial information is required.
• Strong technical skills, including proficiency in Microsoft 365 products.
• Capability to work collaboratively with various individuals and groups in a professional manner.