Maple Lake, Eden Prairie, or Elbow Lake, Minnesota
Provides credit analysis assistance to lenders. Monitors incoming financial statements for covenant requirements. Performs collateral audits, accounts receivable analysis and borrowing base certificate reviews. Develops and maintains knowledge of loan related regulatory and internal procedural compliance issues. Performs all job responsibilities according to compliance requirements.
Spreads financial statements as requested. Maintains the Bank’s Moody’s software in order to provide overall support and assistance to Lenders in the financial analysis process. Maintain loan analysis information and resource material for peer comparisons.
•Reviews incoming financial statements. Updates and/or completes financial spreads and covenant monitoring worksheets to be forwarded to the appropriate Lender.
•Completes an analysis of Accounts Receivable Agings and Borrowing Base Certificates received from borrowers. Forwards report to Lenders for review and sign off. Updates the customer information system with current availability information.
•Provides written financial statement analysis for credit presentations, file comments and annual reviews. Maintains the report of review due and works with lenders to keep comments current.
•Completes periodic reviews of file quality for participation portfolio. Provides management reports of the outstandings.
•Creates management reports on loan, lease and construction outstandings. Create reports on an ad hoc basis.
•Performs monthly securities valuations. Communicates deficiencies with lenders and performs any follow up action requested. Provides a summary of actions to supervisor on a monthly basis.
•Completes other duties as requested. Provides back up to department staff as requested.
Education and/or Experience: College degree or equivalent experience, with emphasis in Business Administration/Accounting or Finance. Previous concentrated credit training. Two years credit analyst experience.
•Effective verbal and written communication skills
•Ability to deliver a high level of responsiveness to internal customers.
•Ability to multi-task and organize priorities
•High computer literacy including Word, Excel, and bank software
•Maintain high level of focus and accuracy
•Strong analytical skills
•Ability to work at a fast pace with high accuracy
How to Apply:
Apply online at www.starbank.net