Credit Analyst

Job Posting: Credit Analyst

Grade: Full-Time; Exempt
Workdays/Hrs: Monday – Friday (8am - 5pm) Occasional Saturday Rotation

BankStar Financial is a locally owned bank, with a team of dedicated and talented individuals that work together to provide top-notch service to our customers. Our work matters to the people and places we care for most. We take pride in lifting up and brightening peoples’ lives through good work, strong partnerships, and community involvement. We are looking for team members that are willing to demonstrate leadership by embodying the core values of the bank that include: accountability, flexibility, integrity, positivity, and teamwork.

Role & Responsibilities:

Credit Analyst

• Responsible for analyzing and researching customer financial data to determine the degree of risk involved in providing a loan through this data.
• Assess the likelihood of a borrower honoring their financial obligations on behalf of the bank based on ratios, trends, and cash flow analysis and create future projections.
• Build credit presentations (CAPs) for lenders.
• Verify numbers are spread correctly, review loan outputs and verify information, build loan, create narrative, input collateral, and update various account balances.
• Conduct financial analysis including spreading of financial documentation, ratio analysis and cash flow.
• Work closely with customer balance sheets, profit and loss statements, and other financial reports.
• Review and analyze the financial position of loan guarantors.
• Manage the flow of financial statements, tax returns, etc.
• Follow-up with clients relating to financial information as needed.
• Create collateral evaluations, perform site inspections and audits as requested by lenders.
• Provide credit information and support to customers as requested.
• Adhere to all company credit policies and guidelines established by the bank.

Skills Required:

• Data Analytical: Ability to analyze and work with complex financial statements.
• Detail Oriented: High attention to detail and accuracy.
• Communication: Effective verbal and written communication skills.
• Building Relationships: Work dynamically across all departments and foster effective working relationships with staff, customers, and vendors.
• Knowledge: Extensive knowledge of the banking industry, including banking laws and regulations, finance, and accounting principles.
• Customer Centric: Customer service-oriented with exceptional sales skills.
• Teamwork: Excel in a collaborative, team-oriented environment. Assist in incorporating new ideas, processes, and procedures into the workspace. Ability to work within a small team or an external party.
• Planning & Organizing: Solid problem solving and decision-making skills while completing tasks with a high degree of accuracy. Prioritize work and pivot on tasks from multiple sources through self-direction and minimal supervision.
• Managing Change: Incorporate new ideas, processes, and procedures into the bank and radiate positivity.
• Responsibility: Willingness to assume responsibility, be accountable, and make independent decisions.
• Problem Solving/Critical Thinking: Identify problems and determine accuracy and relevance of information. Use sound judgment to generate and evaluate alternatives, providing recommendations.
• Accountability: Willingness to assume accountability and make decisions.
• Technology: Attend training to ensure competent use of IT resources. Comply with appropriate bank Policies, IT Policies and Procedures, and Information Security Program. Give feedback on IT issues and experiences.

Physical Demands:

Intermittently remain in a stationary position for extended periods of time, and occasionally move objects weighing up to 25 pounds.

Equipment:

Working knowledge of standard office equipment.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business, Economics or other business-related field strongly desired.
• Two or more years of banking experience preferred with commercial and agriculture banking administration experience strongly preferred.
• Must pass pre-employment screening.

For more information contact:
BankStar Financial, Attn: Laura Schwarz, PO Box 146, Brookings, SD 57006, Email: careers@ebankstar.bank Phone: 605.692.3636.

BankStar is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. We are unable to accommodate candidates in need of work sponsorship at this time.

Equal Opportunity Employer | Member FDIC