Credit Analyst

About the Role

Altabank, Division of Glacier Bank, is looking for a Full-time Credit Analyst for our Grove Creek Service Center.

Role: Responsible for providing credit analysis, portfolio monitoring, covenant administration, borrowing base monitoring, and credit administration support for commercial lending activities. Assists Portfolio Managers with ongoing portfolio management, credit review, and special projects while helping identify and monitor credit risk within the loan portfolio.

DUTIES AND RESPONSIBILITIES:

• Spread and analyze borrower financial statements, tax returns, and related financial information.
• Monitor borrowing base certificates and asset-based lending reporting to ensure collateral eligibility, advance rate compliance, and adherence to lending formulas.
• Conduct loan documentation reviews to ensure consistency and enforceability based on approved loan terms.
• Assist in the completion of credit memos for new and existing loans.
• Assist with ALRs, ADC reviews, PLRs, and portfolio monitoring activities.
• Complete file reviews and audit loan documents with the approved credit memo.
• Respond to internal and external requests in a timely and professional manner consistent with established service standards.
• Identify, document, and escalate emerging credit risks, covenant violations, collateral deficiencies, and financial reporting exceptions.
• Assist with projects that will consist primarily of credit administration issues and may relate to possible changes in policies and procedure, possible changes as a result of examiner or auditor recommendations, peer group analysis, market studies, changes in compliance and regulations, software upgrades, monitoring of industry or borrower concentrations, risk assessments, and feasibility studies for efficiency gains such as out-sourcing, in-sourcing, centralization of duties/staff, etc.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control, in addition to all company policies.
• Complete required bank training courses within assigned time frame(s). It is the individual learner’s responsibility to ensure that they understand the information given to them in each training. If the learner does not understand the information given, they need to reach out to their supervisor for further clarification or additional training.
• Adhere to Altabank Core Values.
• Keeps management appropriately informed of area activities and of any significant problems.
• Participate in Community Service and Bank sponsored activities that serve and support the mission and values of the Altabank.
• Provide superior internal and external customer service: must demonstrate self-governance, courtesy and respect toward external customers as well as internal customers (all organization personnel).
• Represent Altabank in a professional manner which includes a professional image, confidentiality, a positive “can-do” attitude, good attendance, punctuality, flexibility and adaptability in meeting bank and customer needs. Keep work area tidy and maintain customer privacy. Attends and participates in meetings as required.
• Regular and predictable attendance in order to accomplish, among other things, in-person contact with customers.
• Additional duties as requested or assigned.

About You

QUALIFICATIONS:

• One or more years of experience in commercial banking, credit analysis, accounting, finance, or a related field is preferred.
• A college degree or equivalent combination of education and experience.  A High School diploma is required.

KNOWLEDGE, SKILL, ABILITY:

• Strong attention to detail with the ability to identify discrepancies, exceptions, inaccuracies, and potential risk indicators within financial statements, loan documentation, covenant reporting, and portfolio records.
• Demonstrates exceptional organizational skills and attention to detail while managing multiple priorities, deadlines, and reporting requirements.
• Ability to maintain accurate and complete credit files, documentation, financial spreads, and covenant tracking records.
• Strong analytical and problem-solving skills with the ability to recognize trends, identify exceptions, and escalate potential concerns appropriately.
• Knowledge of commercial lending concepts and loan documentation.
• Effective written and verbal communication skills.
• A significant level of trust and diplomacy is required to be an effective subject matter expert in the position. In-depth dialogues, conversations, and explanations with customers, direct and indirect reports and outside vendors of a sensitive and/or highly confidential nature is a normal part of the day-to-day experience. Communications can involve motivating, influencing, education, and/or advising others on matters of significance.

WORK ENVIRONMENT:

• Average local travel will be bi-weekly or monthly meeting. Occasional out of town travel will be determined for training.
• No hazardous or significantly unpleasant conditions.

PHYSICAL DEMANDS: 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 often required to: sit; use hands in repetitive motions to finger, grasp, handle or feel; and talk or hear. The employee is occasionally required to: stand; walk; and lift or reach with hands and arms. 

Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance. Must be capable of climbing / descending stairs in an emergency situation.

Specific vision abilities required by this job include: The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation/inspection of machines and/or using measurement devices at distances close to the eyes.

What We Offer

COMPENSATION & BENEFITS: Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance. Coverage is available to employees and their eligible dependents in accordance with our written plan documents. You may also be eligible for a health savings account option, an Employee Assistance Program (EAP), a health rewards program, a retirement savings plan, including 401(k) and Profit-Sharing plans, short and long-term disability benefits, education and training benefits, and discounts on banking products and services. We also offer a generous Paid Time Off (PTO) plan and paid holidays. PTO accruals begin at .0745 per hour worked for our part time employees up to a maximum accrual of 240 hours per year for certain Full-Time employees. PTO accruals are dependent on position, status (Full time or Part time), and years of experience in accordance with our PTO policy. Most Full-Time employees are also offered 6 paid holidays and Part Time employees are offered pro-rated paid holidays. In addition, employees in Utah and Nevada may be eligible for pay for certain state recognized holidays. Visit our website for more details.  Check it out!

We are an Equal Opportunity Employer and qualified applicants, or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state, or local laws.

Glacier Bancorp, Inc. does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

No Recruiters or unsolicited agency referrals please.