Minnesota Bankers Association
Commercial Credit Analyst II
Minnesota Bankers Association, Minneapolis, Minnesota, United States, 55400
7101 Washington Ave S Edina, MN 55439-1517Job Description
The Credit Analyst provides exceptional service to Commercial Relationship Managers bank wide, through analyzing basic commercial and agriculture loan requests, identifying strengths and weaknesses, providing recommendations, and noting any deviations from Unity's Loan Policy.
The Credit Analyst works collaboratively with commercial relationship staff, loan operations, compliance, and other bank departments to help create a productive, team-oriented work environment that leads to customer excellence.
Principal Responsibilities & Duties:Delivers meaningful, detailed credit analysis while providing efficient timely service to commercial relationship managers.Accurately analyzes financial statements (including performance ratios) to develop initial assessment by identifying strengths and weaknesses pertaining to borrower’s historical operating performance.Prepares a thorough, in-depth, written analysis of new credit requests, credit change requests, renewals and annual relationship reviews.Ensures that all credit files are complete, identifies any document deficiencies, and reports to Commercial Relationship Manager, Loan Operations, and/or Commercial Credit Manager, as needed for timely resolution.In order to prevent renewing loans from appearing on the delinquency list, advises loan officers about expiring lines of credit and assists in the renewal of the line in a timely fashion.Works collaboratively with Commercial Relationship Managers to anticipate, identify, and collect documents needed for efficient, and timely approvals on new and existing creditsParticipates in customer meetings as requested by Customer Relationship Managers (may require travel as needed).As requested, works with Commercial Credit Manager to manage delinquencies, work-outs, collections and foreclosure activities.Works collaboratively with loan operations, lenders, and other support to collect all pertinent information required for the loan presentation and to monitor the existing portfolio.Collects and maintains industry data; research industry specific information from outside sources including conversations with the borrower, industry publications, references from other banks, credit agencies, as well as accessing information through the internet.Maintains an active knowledge base of all of the Bank's loan products and the Bank's Loan Policy and procedures in order to identify exceptions to policy.Education & Experience
Experience Required/Preferred:Bachelor’s degree in business, finance or accounting or equivalentProficient in Microsoft Word, Excel, and Outlook.Excellent attention to detail and accuracy; good organization, research and follow up skills.Banking industry experience preferredAbout
Be a valued part of our Unity Experience.
Our employees embrace ideas, share openly and honestly, and believe in meaningful work for all. We are innovative, we encourage, we collaborate, we are authentic, and we live in a care culture. Our work environment is a trust-based, collaborative, open, transparent workspace where our bankers feel good and do good. Each employee builds their own sense of pride and ownership for what we do, taking responsibility for their roles and duties. Employee engagement and customer experience are always at the forefront of all we do.
At Unity Bank, we are proud to be a community bank, at the heart of every community we serve. We feel strongly that when our customers choose Unity Bank, our customers are investing in and strengthening our communities; funding local farmer’s seeds, opening doors on main street, and unlocking opportunities for our neighbors.
Every customer is unique. We value each conversation. We listen to our customers; we are curious, and we connect. We build relationships. We aspire to deliver high quality personalized service that our valued customers need and want. We feel the deep understanding and passion to deliver solutions that truly make a difference. We help people achieve their dreams. We share our Unity Experience with all.Go to our website at https://www.unitybanking.com/careers
and apply!
MBA Job number/Date AddedH-7845: 06/11/2024
#J-18808-Ljbffr
The Credit Analyst provides exceptional service to Commercial Relationship Managers bank wide, through analyzing basic commercial and agriculture loan requests, identifying strengths and weaknesses, providing recommendations, and noting any deviations from Unity's Loan Policy.
The Credit Analyst works collaboratively with commercial relationship staff, loan operations, compliance, and other bank departments to help create a productive, team-oriented work environment that leads to customer excellence.
Principal Responsibilities & Duties:Delivers meaningful, detailed credit analysis while providing efficient timely service to commercial relationship managers.Accurately analyzes financial statements (including performance ratios) to develop initial assessment by identifying strengths and weaknesses pertaining to borrower’s historical operating performance.Prepares a thorough, in-depth, written analysis of new credit requests, credit change requests, renewals and annual relationship reviews.Ensures that all credit files are complete, identifies any document deficiencies, and reports to Commercial Relationship Manager, Loan Operations, and/or Commercial Credit Manager, as needed for timely resolution.In order to prevent renewing loans from appearing on the delinquency list, advises loan officers about expiring lines of credit and assists in the renewal of the line in a timely fashion.Works collaboratively with Commercial Relationship Managers to anticipate, identify, and collect documents needed for efficient, and timely approvals on new and existing creditsParticipates in customer meetings as requested by Customer Relationship Managers (may require travel as needed).As requested, works with Commercial Credit Manager to manage delinquencies, work-outs, collections and foreclosure activities.Works collaboratively with loan operations, lenders, and other support to collect all pertinent information required for the loan presentation and to monitor the existing portfolio.Collects and maintains industry data; research industry specific information from outside sources including conversations with the borrower, industry publications, references from other banks, credit agencies, as well as accessing information through the internet.Maintains an active knowledge base of all of the Bank's loan products and the Bank's Loan Policy and procedures in order to identify exceptions to policy.Education & Experience
Experience Required/Preferred:Bachelor’s degree in business, finance or accounting or equivalentProficient in Microsoft Word, Excel, and Outlook.Excellent attention to detail and accuracy; good organization, research and follow up skills.Banking industry experience preferredAbout
Be a valued part of our Unity Experience.
Our employees embrace ideas, share openly and honestly, and believe in meaningful work for all. We are innovative, we encourage, we collaborate, we are authentic, and we live in a care culture. Our work environment is a trust-based, collaborative, open, transparent workspace where our bankers feel good and do good. Each employee builds their own sense of pride and ownership for what we do, taking responsibility for their roles and duties. Employee engagement and customer experience are always at the forefront of all we do.
At Unity Bank, we are proud to be a community bank, at the heart of every community we serve. We feel strongly that when our customers choose Unity Bank, our customers are investing in and strengthening our communities; funding local farmer’s seeds, opening doors on main street, and unlocking opportunities for our neighbors.
Every customer is unique. We value each conversation. We listen to our customers; we are curious, and we connect. We build relationships. We aspire to deliver high quality personalized service that our valued customers need and want. We feel the deep understanding and passion to deliver solutions that truly make a difference. We help people achieve their dreams. We share our Unity Experience with all.Go to our website at https://www.unitybanking.com/careers
and apply!
MBA Job number/Date AddedH-7845: 06/11/2024
#J-18808-Ljbffr