MidCountry Bank
  • Credit Administration & Special Assets
  • Bloomington, MN, USA
  • Full Time

Our team members are offered medical, dental, vision, flexible spending accounts and voluntary life benefits. We ensure long term success by offering a 401k plan with company match as well as company-paid short and long term disability, life insurance, paid time off, and wellness programs


The Senior Credit Analyst position is responsible for analyzing and monitoring credit worthiness of assigned account base and preparing professional credit presentations that recommend the extension of credit within established guidelines.  This position is responsible for analyzing risk within the lending portfolio, at the inception of a lending process and on an ongoing basis.

 

JOB RESPONSIBILITIES

1. Perform financial analysis of assigned credits:

  • Ensure financial package is complete with tax returns and financial statements.  Obtain missing items from banker or customer.
  • Complete financial spreads using Baker Hill, WebEquity, Excel and/or other software. 
  • Analyze the results of the financial spreads ( i.e. financial ratios and cash flow) to determine viability and repeatability of primary repayment source (typically cash flow).
  • Evaluate and analyze secondary sources of repayment, including collateral and guarantors, to determine adequate repayment sources for the loan. 
  • Compare customer financial status to industry norms and MCB Credit policy guidelines. 
  • Consider all risk and accurately propose and assign risk rating to match level of risk.
  • Make recommendations and discuss results with Lender.

 2. Proactively partner with lender and borrower to clarify issues and gather additional information

 3. Participate in joint calls with lender, as requested

 4. Prepare Credit Action Presentation based on analysis and provide support through the approval process

 5. Perform annual and other routine credit administration

  • Ensure credit files are up-to-date including ongoing routine administration. 
  • Review periodic loan covenants to determine compliance and take appropriate action when needed. 
  • Assist lender in completing File Comments, Material Change Forms and assist in managing ticklers.  

 

JOB REQUIREMENTS

Education-

Required: Bachelor's Degree and ongoing professional development

Experience-

Required: 4+ years of progressively responsible credit analysis experience or equivalent, demonstrated higher level analysis and output.

 

MidCountry Bank is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of race, color, creed, religion, ancestry, age, sexual orientation, marital status, national origin, disability or handicap, veterans status, genetic information or gender identity. MidCountry Bank is an EEO/AA Employer.

MidCountry Bank
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