Credit Portfolio Analyst

Company: First Mid
Location: Mattoon
Posted on: May 28, 2023

Job Description:

The Credit Portfolio Analyst is responsible for completion of financial analyses and annual risk grade reviews for commercial and ag loan relationships and activities related to the oversight and monitoring of the commercial loan portfolio.Responsibilities include, but are not limited to:Perform annual risk grade and financial statement reviews on existing and prospective commercial and ag loan relationships. Monitors adherence to lending policies for existing and prospective relationships.Create professional financial analysis presentations for review by lending personnel and makes risk grade recommendations.Compiles data to complete industry and peer financial analyses.Perform financial statement reviews on existing and potential Bank vendors.Calculate and analyze financial ratios to monitor borrower compliance with business loan agreements.Calculate and analyze borrowing base advancement and line of credit availability to monitor the borrower's compliance with business loan agreements based on the borrower-provided financials.Ensure procedures for out-of-compliance covenants and borrowing bases are followed according to Policy.Provide reports to Loan Administration Committee on a monthly and quarterly basis.Complete training associated with job function.Other credit-related projects and training as assigned.QualificationsEducation/Experience:Bachelor's degree in Accounting, Finance, or Business Administration and/or commensurate banking experience.Knowledge of spreadsheet and word processing software, specifically Excel, Word, and Microsoft Office.Formal training in Microsoft Excel preferred.Skills:Detail orientedStrong communication skillsAnalytical in naturePossess stronger than average time management, organization, and multi-tasking skillsBusiness writing skillsComfortable in a team environment working with deadlines.First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENTLP123

Keywords: First Mid, Decatur , Credit Portfolio Analyst, Professions , Mattoon, Illinois