Credit Analyst II

First Interstate Bank - Clive, IA

Full-time - Mid Level

Clive, IA

Credit Intermediation and Related Activities

About the position

The Credit Analyst II at First Interstate Bank is responsible for collaborating with Relationship Managers to gather and evaluate commercial credit-related information on current and prospective customers. This role involves preparing detailed written reports that include in-depth analysis of financial statements, cash flow projections, and risk assessments, ensuring compliance with regulations and internal policies.

Responsibilities

• Collaborate with Relationship Managers to gather and evaluate commercial credit information.
• Prepare written reports of analysis including financial statements, cash flow projections, and risk assessments.
• Analyze credit worthiness of commercial applicants and guarantors by reviewing loan applications and financial statements.
• Calculate cash flows, leverage, and liquidity ratios, and evaluate collateral.
• Conduct research on borrowers and key industries to identify risks.
• Author comprehensive reports using data analysis and written narratives.
• Suggest proper risk ratings based on financial analysis.
• Ensure compliance with federal regulations and bank credit policies.
• Assist in preparing reports for quarterly monitoring of commercial relationships.
• Complete financial performance metric covenant testing.
• Participate in a quality control program for reviewing financial forms and analysis.

Requirements

• Bachelor's Degree in Business, Finance, or related field required.
• 7-9 years of banking experience in a similar position or equivalent combination of education and experience required.
• Strong organization and time management skills.
• Excellent written and verbal communication skills.
• Ability to develop and maintain relationships with internal and external stakeholders.
• Proficiency in Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
• Experience with financial spread software, preferably Moody's Risk Analyst or Moody's Lending Cloud.
• Strong analytical and problem-solving skills with attention to detail.

Nice-to-haves

• Commercial banking experience preferred.

Benefits

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Child Care Assistance Program for eligible dependents.
• Exercise reimbursement program for employees.