Credit Analyst

Job Summary
Analyze routine financial data of clients, including financial statements and cash flows. Reports financial position and credit worthiness of new and existing customers. Prepares in-depth written presentations, based upon their findings to assist bankers and Credit Admin when making credit decisions on lending and credit-worthiness.  Monitors ongoing financial information and brings irregularities to the attention of the lender.
Primary Accountabilities

• Perform full range of duties pertaining to the credit analysis of new and existing borrowers.  Analysis will be performed in accordance with established procedures and should include the following steps:
• Collect and enter customer financial data into bank’s credit platform system.
• Analyze data and prepare narrative on balance sheet, income statement, cash flow, financial ratios, and other relative data.
• Develop a conclusion or recommendation based on the analysis performed.
• Provide completed analysis to lender for review.  May assist with financial analysis presentations to the loan committee as needed or requested by the lender.
• Review collateral and apply discounts appropriately.
• Assist in overall portfolio management to include past due loan and past due annual review management.
• Assist the Credit Risk Management department with review of loan files at the market locations.
• Perform annual credit reviews of term credits, requesting and analyzing financial statements from customers, monitoring collateral, etc.

Secondary Accountabilities

• Keep abreast of new developments and trends in various industries related to the loan portfolio.
• Participate in the establishment of commercial and retail lending goals and profitability objectives and in the implementation of policies and procedures to assure the achievement of those goals.
• Maintain education and professional expertise through attendance at job related seminars, conferences and workshops and involvement in professional civic and community groups in leadership positions.
• Assists the Credit Admin department with special non-recurring and ongoing projects as needed.
• Perform other duties as assigned. 

Qualifications

• Bachelor’s degree in Accounting required and/or other related work experience of 3 – 5 years in business, finance, accounting or related field.
• Knowledge of financial statements and ability to analyze credit worthiness.
• Basic knowledge of banking laws, rules, regulations and requirements.
• Excellent communication skills, both verbal and written.
• Proficient in using Outlook, Word and Excel.
• Must be able to meet objectives, goals, and imposed deadlines with minimal guidance.
• Ability to travel

We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including:

• Health Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
• Dental Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
• Health Savings Account
• Life Insurance for the employee and family
• Paid Vacation and Sick Time
• Retirement Plan Options
• Additional Perks and Benefits