Credit Analyst III

First Interstate Bank • Sheridan, WY

384d

About The Position

The Credit Analyst III position at First Interstate Bank involves collaborating with Relationship Managers to gather and evaluate commercial credit information for current and prospective customers. The role requires preparing detailed written reports that include in-depth analysis of financial statements, cash flow projections, and risk assessments, ultimately aiding in credit decision-making and compliance with regulations.

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.
• Experience with financial spread software required.
• Commercial banking experience preferred.
• Strong organization and time management skills.
• Excellent written and verbal communication skills.
• Ability to develop and maintain relationships with internal and external stakeholders.
• Ability to work in a fast-paced environment and meet strict deadlines.
• Self-motivated with the ability to assist in credit risk decisions.
• Strong analytical and problem-solving skills with attention to detail.
• Proficient with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.

Nice To Haves

• Experience with financial spread software is preferred.
• Commercial banking experience is a plus.

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.
• Evaluate credit quality and suggest proper risk ratings based on financial information.
• Ensure compliance with federal regulations and FIB credit policy requirements.
• Assist Relationship Managers in preparing reports for quarterly monitoring of commercial relationships.
• Complete financial performance metric covenant testing using prepared financial spreads.
• Participate in quality control programs and provide feedback and mentoring.
• Develop training materials and assist in delivering training to lower-level analysts.
• Act as a resource for Relationship Managers and other analysts regarding loan policy and underwriting recommendations.

Benefits

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Student debt employer repayment program.
• 401(k) retirement plan with a 6% match.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree