Credit Analyst I

About the Role

First Merchants Bank is seeking a Credit Analyst I to join our team. This position will perform credit analysis, underwriting, and monitoring of the commercial loan portfolio.

Key Responsibilities

• Complete accurate, unbiased credit analyses within required timelines and according to standards, including cash flow analysis, credit decision summary preparation, and credit processes.
• Complete credit monitoring functions for designated portfolio, including spreading and review of financial statements, borrowing base and covenant testing, marketable securities and leveraged lending monitoring, and annual credit reviews.
• Assign call codes, NAICS codes, risk grade, and risk rating score data accurately.
• Review appraisals and real estate evaluations.
• Utilize financial spreading software, loan system, cash flow analysis, and other credit systems and tools.
• Attend and participate in loan committees as requested.

Requirements & Tech Stack

• Bachelor's degree.
• Use of financial spreading software, loan system, cash flow analysis, and other credit systems and tools.

Qualifications

• Bachelor's degree.
• A Bachelor's degree (or completion within current semester) in accounting, finance, or business would be a plus.