The Senior Credit Analyst position will report to the Chief Credit Officer. There are three primary responsibilities of this position. First, this position will serve as the loan analyst for the commercial department and provide support for SSBT Commercial Lending. This will include loan analysis and preparing the loan presentations for credit committee. Second, this position will help control the quality of the loan portfolio through accurate risk rating and periodic file review. Third, this position will help adhere to policy and assist with implementation of procedures for commercial lending. This position will also assist with various aspects of loan servicing including new loan activity, controlling past dues and loan file exceptions, and generally controlling the quality of the loan portfolio.
Act as commercial loan analyst and/or underwriter. The responsibilities include functions such as risk rating, collateral, exam liaison, loan loss reserve calculation, watch list and cash flow spreads.
Perform the functions in the loan analysis software for all loans within the bank’s set criteria. This will help the bank determine cash flows and forecasts for loan customers and prospects.
Responsible for loan review. Loan review includes examining files for existing loans to make certain they meet the bank’s credit standards and documentation requirements.
Help prepare loan presentations for credit committee.
Directly involved liaison with external credit examiners.
Help write commercial procedures to complement loan policy.
Prepare packages to submit to SBA for approval and knowledge of the different programs SBA offers.
This position will train and develop junior analysts to develop their talents with loan analysis responsibilities.
Loan Review and Control:
Periodically review commercial, consumer and real estate loans for documentation, collateral and compliance.
Assist with managing OREO properties as they may occur from time to time.
This position will help monitor compliance within the loan policy. This may include lending limits, types of loans and collateral.
Loan policy will need to be periodically reviewed and approved through management by the board of directors.
This person will represent the bank in the community, and be involved in community and civic functions as a representative of the bank.
Fulfill compliance requirements as directed by the bank loan policy and other pertinent policies.
As part of the overall bank team, this position may be requested to assist in the support of other bank activities.
EDUCATION AND REQUIREMENTS:
Bachelor’s degree (B.A.) in Finance or Accounting preferred.
Minimum of five years commercial credit underwriting or loan review related experience and/or training; or equivalent combination of education and experience.
Preferred seven or more years’ experience in commercial lending or underwriting roles.
This job requires skills needed in a typical office environment. This includes computer skills, communications skills, as well as, utilization of office equipment. Qualified applicant should be proficient in Microsoft Word and Excel, Web Equity and other commercial loan spread software.
Must be able to fulfill the responsibilities of the position level with minimal supervision.
Must have a valid driver’s license and be willing to travel as business needs dictate.
About South Story Bank & Trust
Established in 1954, South Story Bank & Trust is a locally owned community bank which has deep roots in Iowa and a longstanding commitment to excellence in banking. Located within the Cultivation Corridor, we have branches in Slater, Huxley, Ames, and West Des Moines and are looking to fill this role due to continued growth of the organization. South Story is a financial partner willing to go the extra mile and to bank where and when it’s convenient for our customers – in the office, business or machine shed if that’s what it takes to help our clients find success.