Job Description

First Merchants Bank is seeking a NNN Finance Credit Analyst to join our team! Successful NNN Finance Credit Analysts are quantitative thinkers with a demonstrated ability to work with a large number of variables, craft well organized and concise credit memorandums, and are comfortable making complex and financially sound decisions or recommendations across a diverse spectrum of commercial real estate lending.

As part of this role you will:

• Acquire working knowledge of applicable bank credit policies and regulatory lending laws.
• Assist with the timely collection of customer financial information as needed.
• Spread and analyze personal and business financial statements, tax returns, management prepared financials and CPA prepared compilations, reviews and audited statements.
• Analyze loan data on new, renewal and existing loans; including data provided by credit bureaus, other financial institutions and financial institution credit/collateral files.
• Make recommendations for proper loan structuring including term, amortization, loan conditions and covenants.
• Prepare spreadsheets, credit memorandums, reports, summaries and opinions.
• Determine the proper risk rating for credits at time of loan origination and on relationships assigned for annual reviews.
• Actively participate in loan committee offering their opinion of the credit and/or responding to questions as the financial analyst for the credit requested.
• Work with participating banks to ensure proper reporting and updating of credit information.
• Perform UCC, credit bureau, D&B, loss avoidance, and other credit/industry and collateral specific investigations.
• Keep informed about current national and local economic and industry events, new accounting and finance rules and other events, which may affect the quality of the bank’s loan portfolio.
• Perform other Credit and Credit Administration functions as required.
• Adhere to Confidentiality Policy, Code of Ethics Policy, all applicable Bank policies and procedures as well as all applicable regulatory and compliance policies and procedures.
• Carry out other duties as assigned or requested.

To be successful in this position, we require the following:

• Bachelor’s degree in Finance, Economics, or Accounting.
• A minimum of one (1) years of related analytical experience.

The following would be a plus:

• Proficiency in Microsoft Office applications with primary emphasis in Word and Excel.
• Exceptional financial analytical, business mathematical, organizational, problem solving and time management skills.
• Excellent written and verbal communication skills.
• Ability to exercise judgment, initiative and tact in dealing with brokers, applicants, borrowers, borrower counsel, lending officers, staff, supervisors and management.
• Experience working with commercial loans and/or spreading financial statements.

First Merchants offers the following:

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!