Credit Analyst II

Overview

At MidWestOne, our people are number one in everything we do. We are a community bank with a culture based on integrity and customer care. The people on our team are the foundation of our success. If you're ready to work for an organization that values you, develops your talents and helps you grow personally and professionally, then look no further.

Responsible for performing advanced credit analysis assignments and assisting commercial loan officers in the pre-funding development, analysis and the underwriting functions of commercial credits.

Responsibilities

• Prepare complex loan presentations for use by lending officers or committees to make lending decisions on new credit approvals and renewals.

• Complete vendor due diligence and/or secondary market investor analysis under the direction of the VP, Credit Administration

• Participate in the structure of loan requests, where appropriate, to include suggestions on terms, conditions, collateral and guarantors.

• Provide guidance to lenders, analysts or managers on loan policy compliance by verifying adherence to MidWestOne's loan policy, and commenting on any risk associated with non-compliance.

• Complete impairment analysis on commercial relationships.

• Subject matter expert on the the bank's credit analysis software

• Ability to work independently the majority of the time without assistance

• Ability to mentor junior Credit Analysts as needed

• Assess total risk pertaining to requests for new or additional credit by new or existing customers, primarily through the analysis of financial statements and credit history.

• Prepare annual credit reviews for existing complex commercial customers. The reviews would include financial analysis of tax returns, company prepared statements and audits along with any changes that may have occurred since the previous review.

• Spread financial statements using Lending Cloud, the bank's commercial credit analysis software, as needed.

• Analyze industry trends which may or may not raise potential concerns.

• Other duties may be assigned

The Perks!

• Competitive base compensation with additional performance-based incentives (incentives vary depending on role)

• Career development and continuous learning opportunities

• Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more

• 100% vested 401(k) Retirement Plan with company match

• Medical, Dental, and Vision insurance

• Flex spending plan & Health savings accounts with employer contribution

• Student Loan Debt Reduction Program & Tuition Assistance Plan

• Employee Stock Ownership Plan

• Employer provided group life insurance with option to purchase additional life insurance for you and your family members

• Employer provided long term and short term disability insurance

• Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance

• Wellness Program

• Free banking services and other financial services discounts

• Take Your Dog to Work Day in June

• Employee Rally Day- a day of celebration and recognition!

Qualifications

• Bachelor's degree from four-year college or university in business preferred

• One to five years related experience and/or training in a lending, credit analyst, or regulatory role; or equivalent combination of education and experience.

We RISE by lifting others. RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE we aspire to create and sustain a culture of diversity, equity, inclusion and belonging at work and in our communities. Our commitment to RISE is reflected in our operating principles, people and culture. We pledge to continuously learn, so we can understand and support the differences of individuals, embrace each other's strengths, and provide opportunities for all of us to work toward and achieve our full potential.

Now that you know more about us and the position, next step is for you apply so we can learn about you!