AVP Commercial Credit Analyst

Job Description

Be You. Be Independent!

Are you an experienced Commercial Credit Analyst, proficient in intermediate-level accounting, looking to take the next step in your career? If so, we need you!

At Independent Bank we celebrate your unique self and empower you to make a difference. Guided by our core values of courage, drive, integrity, people focus and teamwork, we provide a supportive environment where you can thrive, grow your career and contribute meaningfully to shaping the financial future of our customers and communities.

About the Job:

Join our team as an AVP Commercial Credit Analyst, under the FVP Commercial Credit Officer.

Focus on credit analysis for commercial loans, with the potential to build expertise and gain delegated authority to approve Commercial deals. Prepare credit analyses and loan proposals to aid decision-making. Responsibilities include financial statement spreading, credit reviews, inquiries, and financial data analysis for cash flow assessment, debt service ability, balance sheet strength, and collateral coverage. You'll review loan structures, assign credit risk ratings, and join customer visits. Also, assist in compiling reports and perform other tasks as needed.

Why You Should Apply:

Competitive compensation package.

Accommodating and flexible paid time off.

A knowledgeable, goal-driven, and exciting team of colleagues.

Exposure to different areas of banking and the ability to work with leaders within the industry.

Community-focused events and volunteer opportunities.

What You Will Do:

Spreading financial statements for borrowers, co-borrowers, guarantors, and others as requested;

Performing and reviewing credit inquiries;

Using independent judgment to analyze financial information in order to determine:

Sufficiency of cash flow;

Debt service ability;

Collateral adequacy; and

Borrower risk rating.

Reviewing/recommending loan structures consistent with bank policies and guidelines;

Preparing credit analysis and loan proposals that assist in the prudent granting of credit;

Performing trend analysis on financial reports of borrowers to evaluate their ongoing credit-worthiness;

Accompanying lenders on customer contact calls;

Performs other related duties as assigned.

What We're Looking For:

High school diploma or equivalent education required.

Bachelor’s degree in Accounting, Business, Finance or equivalent years of working experience.

3+ years commercial credit analyst experience required to be considered for a Credit Analyst II

5+ years commercial credit analyst experience required to be considered for a Credit Analyst III

Excellent interpersonal, presentation and communication skills.

Must be conversant with (at least) intermediate level accounting (cash/accrual basis, cost, and contractor), lending experience helpful.

Be YOU. Be Independent!

Full-time