Credit Analyst

Job Type

Full-time

Description

TITLE: Credit Analyst

JOB FAMILY: Commercial Credit Analysis

DEPARTMENT: Credit Administration

PAY GRADE & FLSA: 5 Non - Exempt

Job Summary

The Credit Analyst is primarily responsible for providing support to Commercial Lenders by performing a variety of administrative, analytical, and reporting tasks related to the management of the commercial credit portfolio. The Credit Analyst will be responsible for providing relevant, reliable, and timely service and information to all clients according to regulatory and compliance protocols and best practices in a consistent manner while maintaining the highest ethical standards.

Essential Functions

Assist and support the loan officer from the inception of a loan request including, but not limited to, gathering financial information, preparing financial statement spreads, cash flow and other pertinent analysis and ordering appraisal/evaluation reports.

Assist Credit Administration with internal servicing of the portfolio by completing risk rating change documentation and performing floor plan checks/audits

Manages the portfolio tracking process, including gathering and entering data in the appropriate tracking reports, as well as reviewing and distributing monthly reports

Manages the loan committee process, including the preparation and distribution of both the loan packets and Loan Committee Agenda and minutes

Assist in completion of monthly or quarterly problem loan reports

Provide prompt, courteous, and excellent service to internal and external customers at all times. This includes an obligation to actively cooperate and interact with other departments and facilities to advance the overall interest of QCBT and QCRH.

Obtain, maintain, and update a thorough knowledge of internal procedures, various systems and/or web-based applications used but not limited to Signature, Sageworks, Nautilus.

Adhere to regulations for commercial loan compliance, Bank Secrecy Act Policy/Program and Procedures, HMDA (Home Mortgage Disclosure Act), Flood determination guidelines, Bank loan policy and procedures and all lending regulations.

Comply with all company or regulatory policies, procedures and requirements applicable to this position.

Foster and preserve a culture of inclusion.

Additional duties and responsibilities may be required to support the company’s mission, vision and values.

Qualifications

Bachelor's degree in accounting, finance, or related field, or equivalent experience.

Ability to use and learn different business tools and technological solutions. Must possess proficient computer skills, ability to perform data entry with a high level of accuracy, ability to use Microsoft 365 products (most specifically Excel)

Solid understanding of various standard financial reports and could interpret, analyze, and communicate financial information effectively which includes adjusting style and approach to provide the best experience to a wide range of clients, people and audiences.

Working Conditions

Duties are performed in a professional office environment.

Salary And Benefits

The following compensation and benefits information is provided pursuant to applicable pay transparency and compensation posting laws.

The minimum hourly wage for this position is $24.00 per hour. The actual wage will be based on qualifications and business needs and may vary, as permitted by applicable state law.

This position is a regular full-time position, and individuals employed as regular full-time, are eligible for the following benefits subject to the terms, limitations and conditions of each benefit plan: Health, Dental, Vision, Life Insurance, Disability Insurance, FSA, HSA, 401K, Employee Stock Purchase Plan, Paid Time Off, Paid Holidays and additional Voluntary Supplemental Insurance.

At Quad City Bank & Trust. we are committed to fostering and preserving a culture of inclusion and strongly believe that it's our differences - of all kinds - that make our company and our communities better and stronger.

Quad City Bank & Trust. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or other protected class status.

It is the policy of Quad City Bank & Trust. to comply with the Americans with Disabilities Act by providing reasonable accommodations to enable qualified individuals with disabilities to access the job application and interview process, to perform the essential functions of the job, and to receive equal access to other benefits and privileges of employment.