Credit Monitoring Analyst II

Busey Bank•Fort Worth, TX

15d•$68,000 - $75,000

About The Position

The Credit Monitoring Analyst II supports the commercial credit monitoring and portfolio management for the Bank through the review and analysis of borrower and guarantor financial information, testing of financial covenants, and post-closing loan review to ensure alignment between loan approval, documentation, and tracking system.

Requirements

Strong oral, written and interpersonal communication skills
Intermediate understanding of credit analysis and financial statements.
Full understanding of balance sheets, income statements and cash flow statements
Full understanding of loan and collateral documents, including attorney prepared documentation
Strong problem solving and analytical skills
Read and comprehends credit write-ups and loan documentation
Prioritize workflow, multi-task and work independently
Perform duties under frequent time pressures with high degree of accuracy and attention to detail
Requires bachelor’s degree in Finance, accounting or business
Minimum 2 years of experience with credit loan documents and credit monitoring experience in the financial services industry.

Nice To Haves

Experience in nCino and Jack Henry preferred, but not required

Responsibilities

Maintain in-depth knowledge of Credit Monitoring and industry best practices.
Review financial spreads, financial indicator covenants, borrowing base reviews, post-closing reviews and other assigned job functions, for accuracy and completeness.
Provide input and recommendations on new and existing workflow processes, policies, and procedures involving the Credit Monitoring Team.
Work independently the majority of the time and complete work with little supervision.
Serve as Credit Monitoring subject matter expert and on the Bank’s financial tracking system (nCino) to include any upgrades, training, or new resources.
Provide accurate and consistent loan portfolio management and monitoring of our commercial loan portfolio.
Make independent recommendations regarding credit risk supported by comprehensive ongoing risk analysis.
Analyze Borrowing Base Certificates, accounts receivable aging, inventory listings, liquidity, and collateral positions.
Review financial reporting to ensure accuracy and maintain internal tracking for all commercial clients.
Mentorship of less experienced Credit Monitoring Analysts.
Comply with all credit administration policies and procedures.
Prepare ad hoc reports as requested.
Complete Moody’s Credit Modules, as assigned.
Maintain the highest level of confidentiality of all information.
Provide extraordinary service while complying with all Bank policies and procedures.
Adhere to Busey Bank policies and procedures; comply with laws, regulations and industry best practices.
Reliable and predictable attendance; both onsite and remote.