Credit Analyst III

About South Story Bank & Trust

At South Story Bank & Trust, we are helping our communities, businesses and customers write their own stories through financing, banking, re-investing in our communities and giving back. We foster a collaborative, progressive environment where dedicated professionals can build rewarding careers while making a tangible impact in the community.

Position Overview

We are seeking an experienced and motivated Credit Analyst III to join our Credit team. This position is responsible for performing advanced credit analysis and commercial underwriting for a diverse portfolio of commercial, agricultural, and commercial real estate relationships. You will play a key role in evaluating borrower risk, preparing comprehensive credit presentations, and supporting sound lending decisions while maintaining compliance with bank policies and regulatory guidelines.

This role requires strong financial analysis skills, sound credit judgment, and the ability to independently underwrite complex commercial loan relationships.

Key Responsibilities

• Perform comprehensive commercial underwriting and credit analysis for new and existing loan relationships.
• Support commercial underwriting by inputting customer information into the loan system (i.e., Abrigo).
• Spread business and personal financial statements and prepare financial analysis.
• Prepare appropriate cash flow analysis to determine a borrower’s ability to service debt obligations.
• Independently calculate borrower financial covenants for compliance with loan agreements.
• Prepare various reports that support management reporting and tracking.
• Work with Commercial Portfolio Managers to understand client requests and/or current financial performance.
• Attend loan department and other committee meetings. 
• Independently researches and analyzes company, industry and economic data.

• Experience: Minimum 5 years of credit analysis and underwriting experience required. 
• Educational Background: Bachelor’s degree in finance, accounting or related field preferred. Or an equivalent of combined education and relevant work experience.
• Specific Skills: Working knowledge of cash flow, TVM, ordering and reviewing commercial appraisals, useful life of collateral, loan structure and other Banking standard UW metrics.
• Technical & Analytical Skills:  Ability to independently analyze and underwrite complex credit relationships. Ability to research and understand commercial and commercial real estate lending and banking regulations. 
• Interpersonal Skills: Ability to deal effectively with customers and all levels of the bank organization.

What We Offer

• Competitive Compensation: A salary package that rewards both individual and team performance.
• Comprehensive Benefits: Health, dental, and vision coverage, life insurance, generous paid time off, a 401(k) plan with matching contributions.
• Growth & Development: Opportunities for professional and career growth in a supportive, community-focused environment.
• Inclusive Culture: South Story Bank & Trust is an Equal Opportunity Employer. We value diversity and are dedicated to providing a welcoming, inclusive workplace for all.