Thispersonreviewsloansinaccordance withthebank'sLoanPolicy and Guidelines.This person should have an extensive understandingofalltypesofcommercialandagriculturalcredits, along with the ability to make recommendations on how to minimize the bank's exposure and ensure that lending practices conform to established policy.
Qualifications: Thispersonshouldhaveabachelor’sdegree, plustenyears of work-related experience or the equivalent. Strong proficiency in project management is needed.Good communication skills, an aptitude toward detail, and understandingof all Loan Policy and Guidelines.
Principal Responsibilities:
Analyzeandriskratemost complex creditlinesandcritiquethecredit classifications assigned by the Loan Officers. The analysis must be consistent with the findings of the appropriate regulatory agencies.
Spread, analyze and review financial statements for highly complexcurrent and prospective borrowers in a variety of industries using tax returns, financial statements, credit reports and other reporting as needed or requestedCalculate cash flow for more complex borrowers and guarantorsAnalysis may include projections, trends and ratio analysisSummarize and analyze findings in the bank’s written credit presentation.
Prepare annual reviews on borrowing relationships in accordance with loan policy.
Analyze the very intricate credit requests for the SBA portfolio
Monitor covenant compliance with loan agreements.
Providementoring and training less experienced staff
Present loan files or credit lines not meeting the standards of Loan Policy and Guidelines to the Credit Analyst Manager or Loan Officer with a detailed explanation of the credit exceptionsandtherecommendedactionnecessarytocorrectthedeficienciesandimprove the bank's position.
Intheeventofminortechnicaldocumentationdiscrepanciesoridentifiedpotentialcredit weakness, communicate directly with the Loan Officer and Credit Analyst Manager, requesting correction of the discrepancies and recommending alternatives for improving the credit lines.Perform follow-up action as necessary until corrected.
As needed, attendLoanCommitteemeetingswherecreditlinesarepresentedfor final approval, recommended action, and classification.
Asrequired,performservicesandprojectsfor the department and the bank,
Attend Credit Department and other committee meetings as requested by management to participateindecisionsthataffectongoingandfutureoperationsofthedepartment.
ActinaccordancewithFBTpoliciesandproceduresassetforthintheemployeehandbook.
Adheretocomplianceproceduresandparticipateinrequiredcompliancetraining.
Compensation Grade
Salary Grade 7
First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete Equal Employment Opportunity Policy Statement Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email hr@bankeasy.com
First Bank & Trust is one of South Dakota's largest family- and employee-owned banks, with 22 locations in 17 towns in South Dakota and Minnesota.
For more than a century, financial institutions led by generations of the Fishback family have proven that banking professionals can be conservative risk managers and entrepreneurs at the same time. The same entrepreneurial spirit that led Horace Fishback Sr. to open his first check-cashing station in Brookings, SD in 1880 drives us toward our vision: To grow a diversified independent financial corporation that excels in delivering community banking services and providing niche products nationwide.
We are proud to be a family- and employee-owned community bank. Our 700+ employees take pride in our Be the 1 Service Culture principles - and it shows! We offer all of the strength and capabilities you might expect from a big-bank, but still have the flexibility and responsiveness of an independent local bank.
Let us show you how we make banking EASY.
{Member FDIC; Equal Housing Lender}
