Raccoon Valley Bank is seeking a full-time Credit Analyst for their Perry, Iowa bank location. Residence in the Perry area is not required. The Credit Analyst assists the Commercial and Agricultural Lenders in the administration of their portfolios by completing financial statement spreading, analysis, and preparing loan presentations for submission for approval. The Credit Analyst understands the Loan Policy and risk rating systems to assist Lenders, removing some of the burden of policy exception identification and accuracy of relationship risk rating from the Lenders.
ESSENTIAL DUTIES, RESPONSIBILITIES AND KEY ACCOUNTABILITIES include the following. Other duties may be assigned.
Excellent internal and external customer service and communication skills required (both written and oral); ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, and governmental regulations.
Ability to collect data and calculate and interpret mathematical functions necessary for the responsibilities of this position and draw valid conclusions.
Assess the creditworthiness of loan applicants, judging their suitability as borrowers as well as the precise terms (interest rate, repayment schedule, etc.) on which credit may be granted to them.
Ensure that loan files contain documents with proper signatures, dates, and other relevant data and assembles and verifies accuracy of loan documentation.
Provides assistance to the commercial loan officers including updating loan data for entry into the bank’s computers and assembling documentation for commercial, agricultural and real estate loans.
Ability to write reports, business correspondence, and procedure manuals; ability to effectively present information and respond to questions from managers, clients, customers, and the general public.
Excellent organizational skills, attention to detail, proficient computer skills. General knowledge of Excel, Word and Web Equity/Lending Cloud experience preferred but not required.
Comply with regulatory rules and regulations, evidenced through successful completion of training and demonstrated ability. Topics include but are not limited to Bank Secrecy Act, Anti-Money Laundering, Ethics, Office of Foreign Asset Control (OFAC), etc.
Always reflect a positive image for the Bank by exuding professional demeanor and contributing to community involvement.
Keep abreast of current industry trends, regulatory issues and overall economic environment. Cross-markets bank’s products and services as appropriate.
Review and prepare written analysis, spreadsheets, reports, summaries and opinions. Prepare or assist in the preparation of loan memos for presentation to loan committees.
Obtain loan request information from commercial lender or borrower to analyze credit information, financial statements and other related information pertaining to the loan.
Assist with other credit activities including, but not limited to, property inspections, construction advances, tickler items and exam preparation.
Perform other duties as awarded by management based on performance.
Supervision and management of other employees and staff is not required for this position.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
Bachelor's degree (B. A. or B.S.) in Finance or business-related field required; or two to three years’ experience of banking experience or related experience and/or training; or equivalent combination of education and experience. Supervisory and management experience preferred.
Computer and data processing literacy required, including adept experience with Microsoft Office programs and Fiserv software. Experience with Web Equity/Lending Cloud is helpful, but not required. Bank regulation and compliance is required. Mathematical, organizational and verbal and written communication skills required. Must be highly motivated with good communication skills, able to work independently, and capable of executing tactical plans in line with strategic objectives.
Ability to read, analyze, interpret and implement regulations and laws, general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, policy and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to apply mathematical operations including but not limited to variance analysis, factor analysis, correlation techniques, sampling theory and sensitivity analysis.
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions and/or problems and deal with several abstract and concrete variables.
CERTIFICATES, LICENSES, REGISTRATIONS
Valid driver’s license required for travel to Bank offices, training sessions, customer meetings, Bank and community meetings, etc. Ability to speak a foreign language helpful but not required.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee is occasionally required to stand; walk; climb or balance; and stoop, kneel, or crouch. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, and depth perception.
Must be willing to office out of the Perry, IA Branch Office location. Must be willing to work more than 40 hours per week and on some weekends as required.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is occasionally exposed to moving mechanical parts and outside weather conditions. The noise level in the work environment is usually moderate.
The above statements are intended to describe the general nature and level of work being performed by the person assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. Further, this job description is not intended to limit or in any way modify the right of any supervisor to assign, direct and control the work of any employee under his/her supervision. I further understand that employment is at the will of the employer and either the employer or the employee may at any time terminate the employment with or without cause. I further understand that no representations, promises or commitments made by supervisors or other company representatives relating to this position or duration of employment are binding on the company.