Community State Bank is seeking a Full-Time Credit Analyst I to join our Fort Wayne, Indiana Commercial Credit team. Community State Bank offers a competitive compensation and benefits package and a positive, team-oriented environment. Apply today to see why CSB is a great place to work!
Job Title: Credit Analyst I
Reports To: Credit Department Manager
Supervises: None
Division: Credit
FLSA Classification: Non-Exempt
Pay Rate: Hourly
Position Purpose: The Credit Analyst I is primarily responsible for assessing credit risk for commercial loan applications and monitoring the Bank’s existing commercial loan portfolio thereby ensuring the accuracy and timeliness of loan grades. Additionally, this role may be responsible for assisting with commercial construction loan monitoring and draw review.
Job Requirements
Education: A 4-year degree in an Accounting or Finance-related field required.
Experience: Prior banking or finance experience helpful but not required. Training provided. Prior knowledge of basic and intermediate U.S. GAAP accounting practices and familiarity with financial statements is preferred.
Skills: Proficient verbal and written communication skills; analytical thinking skills; ability to type at least 50 wpm; proficiency with Microsoft Office software such as Word, Excel, PowerPoint, and Outlook; fluency in the English language; ability to create professional-level written presentations; ability to travel between Bank and client locations as needed.
Essential duties include, but are not limited to:
CSB Cultural Expectations
- Commit to learning, integrating, and modeling CSB’s ‘I CREATE’ core values: Integrity, Communication, Respect, Encouragement, Accountability, Trust, and Equality
- Align to bank-wide vision, mission, and business objectives.
- Commit to continuous personal and professional growth in the areas of teamwork, customer service, and job specific competencies.
Credit Administration Expectations
- Monitor Annual Review tracking and complete annual reviews for the commercial loan portfolio.
- Monitor Borrowing Base tracking and process updates to line of credit availability.
- Monitor Financial Covenant tracking for the commercial loan portfolio and perform calculations.
- Monitor Marketable Securities tracking and process margin calls.
- Complete the review of commercial appraisals under $1MM in lending reliance.
- Perform financial spreads as needed.
- Perform cash flow/collateral calculations as needed.
- Perform floor plan checks on a periodic basis.
- Assist other credit department team members on an as needed basis.
- Meaningfully contribute to credit team projects on an as needed basis.
Credit Underwriting Expectations
- Become familiar with C&I, IRE, Individual, and Agribusiness lending disciplines.
- Prepare low complexity Commercial Loan requests ensuring (i) the loan request adheres to the Bank’s Loan Policy and exceptions are properly mitigated, (ii) that key risks within the transaction are understood and properly mitigated, and (iii) the borrowing relationship is properly graded.
- Become a subject matter expert on CSB Policy & Procedures as well as all other CSB credit processes.
- Assist credit department team members in the preparation of new Commercial Loan requests that are being submitted to loan committees.
- Assist Loan officers in the analysis of loan requests or for situational analysis.
Commercial Construction Loan Monitoring and Draw Review Expectations
- Perform construction draw reviews for assigned commercial construction loans in accordance with Bank policy, approved budgets, and loan documentation.
- Review borrower draw requests for completeness and consistency with the approved construction budget and prior advances.
- Reconcile draw requests to approved budgets, inspection reports, and loan agreement requirements.
- Review third-party inspection reports, lien waivers, and supporting documentation to assess consistency with reported construction progress.
- Identify, document, and escalate exceptions, variances, or potential risk concerns related to construction progress, cost overruns, or use of proceeds.
- Collaborate with loan operations and lending staff to support timely and accurate processing of approved construction draws.
- Maintain appropriate documentation to support internal controls, audit, and regulatory review.
Compliance/Other Expectations
- Be fully trained and knowledgeable in all compliance-related areas of CSB including, but not limited to: BSA, OFAC, etc.
- Perform other duties as assigned
Physical Demands
- Frequent sedentary work that primarily involves sitting.
- Occasional standing and walking.
- Frequent repetitive motions that include the hands and/or fingers.
- Constant operation of a computer and other office productivity machinery, such as a calculator, copy machine, phone, and printer.
- Occasional lifting of up to 10 pounds.
- Constant written and verbal communication with others to exchange information.
- Constant state of awake and alertness.
- Occasional need to speak to groups of people.
- Constant ability to report in-person regularly and consistently at job site.
- Constant ability to distinguish colors and clearly view close up written materials.
- Constant exposure to moderate background noise (keyboards, telephones, printers, talking, etc.).
- Occasional need to travel to other bank locations or various types of client business locations.
- Occasional exposure to outdoor weather for up to a few hours at a time.
Community State Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
