Senior Commercial Credit Analyst

Job Description

First American Bank was founded in Chicago, and over the years has expanded throughout Wisconsin and Florida. As the largest privately held bank in Illinois, we now have over 60 locations and assets of $5+ billion. We are a community bank at heart with international expertise, traditional values, and a forward-looking philosophy. Our employees have the experience and vision to meet the needs of savers, borrowers, and businesses in the 21st century. First American Bank can offer employees a level of visibility, career growth, and stability that is difficult to find in many larger corporations.

The Senior Commercial Credit Analyst is responsible for providing all aspects of credit analysis for current and prospective relationships within the Commercial Department. In addition, these analysts work closely with Portfolio and Relationship Managers to service clients, help lead/mentor Commercial Analyst Trainees and Commercial Credit Analysts and contribute to sales opportunities.

DUTIES & RESPONSIBILITES

• Prepare and present detailed credit memos on existing and prospective customers, including independent judgment and individualized assessment of financial statement analysis, risk code management, and loan structuring.
• Support Portfolio and Relationship Managers with existing relationships, commercial credit responsibilities, and business development/networking opportunities with existing commercial loan portfolios. Help identify opportunities for appropriate introductions with other business units to deepen the relationships.
• Provide mentorship and guidance to Commercial Credit Analysts by assigning and tracking their day-to-day duties and assisting with the allocation of their workloads.
• Independently research and analyze third party reports and data to assess and determine various industries and market conditions.
• Participate in the training, coaching, and mentoring of Commercial Analyst Trainees and Commercial Credit Analysts.
• Provide guidance, identify issues, and recommend alternatives for ongoing processes to Loan Operations, Collateral Management, and Treasury Management departments.
• Provide high-level customer communication for commercial loan requests, including assessing and implementing appropriate responses with various Bank teams.
• Demonstrate strong attention to detail, time management skills, and the ability to work well in a fast-paced environment.
• Ensure compliance with Bank policies and applicable regulations.
• Participate in regular Commercial Department meetings as well as respective loan division’s short-term and long-term planning.
• Exemplify best practices in loan analysis and credit assessment to set a high standard for the analysts.
• Conduct and complete additional assignments/projects as designated by management.

QUALIFICATIONS

• Bachelor’s degree required with a focus in accounting, business, economics, or finance preferred.
• Minimum of one year commercial credit analysis required.
• Successful completion of a formal credit training program required.
• Must be professional and comfortable speaking with an ability to tailor the message appropriately based on the situation
• Demonstrated ability to convey thoughts and ideas effectively and succinctly via written formats, including emails, letters, and electronic platforms. Maintain professional standards relating to spelling and grammar.
• Maintain credibility through professional demeanor, appearance, and presence by modeling standards appropriate to our environment and industry.
• Maintain good working relationships with internal partners by exhibiting exemplary interpersonal skills, adopting a constructive, solutions-focused approach.
• Use sound professional judgment to balance the interests of the organization and customer, understanding and using available resources to mitigate risks.
• Proficiency with Microsoft 365 products and applications, including the ability to effectively prepare or review documents, procedures, and reports. Working knowledge of Microsoft Excel required.
• Demonstrated ability to learn new systems and applications, as well as the ability to understand, adapt and adjust responsibilities/workflows as a result of system upgrades.
• This position requires regular travel to various locations throughout the Bank's market; occasional out-of-state travel may be required.
• Typical hours are Monday through Friday, 8:00 a.m. to 5:00 p.m. Additional hours may be required depending upon business need.
• Punctuality is required to maintain First American Bank’s customer service standards.