Commerce Bank
Systems Analyst - Credit
Commerce Bank, St Louis, Missouri, United States,
About Working at Commerce
Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.
Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.
Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.
Compensation Range
Hourly: $25.70 - $30.30 (Amount based on relevant experience, skills, and competencies.)
About This Job
The Credit Systems Analyst is largely responsible for supporting Commerce Bank’s implementation of Moody’s CreditLens by focusing on testing new features while also updating internal process and procedures. As a key individual on the project team, you’ll spend time and work with other Bank leaders to test and collect feedback driving towards a smooth implementation and transition. Additionally, you will have regular interaction with the Moody’s implementation team to ensure timely progress is achieved. Finally, you will leverage prior experience of credit analysis and internal documentation thereof, to provide direction on best approach.
Essential Functions
Test new features in CreditLens by building scenarios, testing process and providing feedback
Partner with internal training organization to create user guides and present to end users
Spend time with Commercial line of business and Credit Administration leaders to learn current processes and interactions with systems to implement the best approach going forward
Use prior analyst experience to provide feedback and drive towards replacement and enhancement of current underwriting documentation process
Engage with Moody’s project team on a recurring basis to provide feedback, establish and maintain deadlines and participate in training
Collaborate with internal IT, project management and line of business teams
Perform other duties as assigned
Knowledge, Skills & Abilities Required
Basic understanding of loan structure including cashflow thresholds, collateral pools, covenants and other risk mitigating techniques
Basic level knowledge of Commerce (or other conservative peer bank) risk appetite with application during underwriting process
Intermediate knowledge of financial concepts and financial statements utilizing financial and accounting principals
Intermediate understanding of key financial metrics such as cashflow, leverage and debt service coverage
Strong critical thinking skills to manage complexity with focus on problem resolution to maintain deadlines
Drives results with an eye towards innovation and technology
Optimizes existing and future work processes by balancing input from stakeholders
Up to 5% travel between Kansas City and Saint Louis
Motivated and organized self-starter with strong attention to detail and the ability to manage priorities with limited oversight
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to most situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Education & Experience
Bachelor’s degree in a Business related field, with a preference for majors in Finance or Accounting, or equivalent combination of education and experience required
1+ year prior credit or financial analyst experience required
Prior technology, systems involvement or project management experience preferred
* For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Systems Analyst – Credit job and contemplates a wide range of factors that are considered in making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $25.70 to $30.30 per hour.
The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here (https://careers.commercebank.com/us/en/benefits) to learn more.
Location: 8000 Forsyth Blvd, Clayton, Missouri 63105
Time Type:
Full time
Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team.
Why Commerce? (https://www.commercebank.com/careers/about-commerce) Inclusion at Commerce How to Join Our Team (https://www.commercebank.com/careers/how-to-join-our-team)
Want to be notified of positions that fit your preferences?
Follow these easy steps:
Create a Candidate Account at the top of the page by selecting "Sign In" upper right corner
Sign-up up for Job Alerts
We’ll contact you about positions that match your skills and interests
Equal Opportunity Employer
Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, color, ancestry, ethnicity, gender identity, gender expression, sex, sexual orientation, disability (including physical or mental handicap), age, veteran status, military status, national origin, religion, pregnancy status, marital status, genetic information, or any other status protected by applicable federal, state or local law.
Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.
Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.
Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.
Compensation Range
Hourly: $25.70 - $30.30 (Amount based on relevant experience, skills, and competencies.)
About This Job
The Credit Systems Analyst is largely responsible for supporting Commerce Bank’s implementation of Moody’s CreditLens by focusing on testing new features while also updating internal process and procedures. As a key individual on the project team, you’ll spend time and work with other Bank leaders to test and collect feedback driving towards a smooth implementation and transition. Additionally, you will have regular interaction with the Moody’s implementation team to ensure timely progress is achieved. Finally, you will leverage prior experience of credit analysis and internal documentation thereof, to provide direction on best approach.
Essential Functions
Test new features in CreditLens by building scenarios, testing process and providing feedback
Partner with internal training organization to create user guides and present to end users
Spend time with Commercial line of business and Credit Administration leaders to learn current processes and interactions with systems to implement the best approach going forward
Use prior analyst experience to provide feedback and drive towards replacement and enhancement of current underwriting documentation process
Engage with Moody’s project team on a recurring basis to provide feedback, establish and maintain deadlines and participate in training
Collaborate with internal IT, project management and line of business teams
Perform other duties as assigned
Knowledge, Skills & Abilities Required
Basic understanding of loan structure including cashflow thresholds, collateral pools, covenants and other risk mitigating techniques
Basic level knowledge of Commerce (or other conservative peer bank) risk appetite with application during underwriting process
Intermediate knowledge of financial concepts and financial statements utilizing financial and accounting principals
Intermediate understanding of key financial metrics such as cashflow, leverage and debt service coverage
Strong critical thinking skills to manage complexity with focus on problem resolution to maintain deadlines
Drives results with an eye towards innovation and technology
Optimizes existing and future work processes by balancing input from stakeholders
Up to 5% travel between Kansas City and Saint Louis
Motivated and organized self-starter with strong attention to detail and the ability to manage priorities with limited oversight
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to most situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Education & Experience
Bachelor’s degree in a Business related field, with a preference for majors in Finance or Accounting, or equivalent combination of education and experience required
1+ year prior credit or financial analyst experience required
Prior technology, systems involvement or project management experience preferred
* For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Systems Analyst – Credit job and contemplates a wide range of factors that are considered in making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $25.70 to $30.30 per hour.
The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here (https://careers.commercebank.com/us/en/benefits) to learn more.
Location: 8000 Forsyth Blvd, Clayton, Missouri 63105
Time Type:
Full time
Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team.
Why Commerce? (https://www.commercebank.com/careers/about-commerce) Inclusion at Commerce How to Join Our Team (https://www.commercebank.com/careers/how-to-join-our-team)
Want to be notified of positions that fit your preferences?
Follow these easy steps:
Create a Candidate Account at the top of the page by selecting "Sign In" upper right corner
Sign-up up for Job Alerts
We’ll contact you about positions that match your skills and interests
Equal Opportunity Employer
Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, color, ancestry, ethnicity, gender identity, gender expression, sex, sexual orientation, disability (including physical or mental handicap), age, veteran status, military status, national origin, religion, pregnancy status, marital status, genetic information, or any other status protected by applicable federal, state or local law.