Credit Analyst II

Join a growing community bank in Southeast Michigan. Bank Michigan is currently seeking qualified applicants for the position of Credit Analyst II. Some hybrid-remote flexibility available; however, candidate must reside within a commutable distance to one of the Bank Michigan offices for a minimum of 3 days/week in office.

JOB SUMMARY

Evaluates the financial condition of individuals and businesses applying for credit with the Bank. Prepares spreadsheets, financial spreads, reports, summaries and opinions for Loan Officers on new, renewal and existing loans. Provides more in-depth analysis and is able to identify trends. Oversees, provides guidance/training and may direct the work of other Credit Analysts. Makes recommendations to loan committee based on analysis and conformity to loan policy. Conducts loan file review and tracks financial reporting and covenants.

Job Responsibilities

Primary

• Assists in the administration of the company's commercial loan portfolios, to include credit risk management and the accurate and timely underwriting of loans to maintain quality control and minimize losses.
• Executes loan policies and ensures that deviations from policy are properly reported.
• Assists in the review and interpretation of new pending laws and regulations that potentially affect the organization's business practices.
• Underwrites commercial loan packages. Exercises discretion and independent judgment on matters of significance including assessing borrower creditworthiness, recommending loan structures, analyzing financial statements and analyzing information regarding the customer's income, assets, investments or debts.
• Takes the lead on more complex credit files and consults with Senior/Chief Credit Officer on complex or unusual loan relationships as needed.
• Provides direction to other Credit Analysts, providing guidance, training and mentoring to less experienced analysts.
• Tracking and recording of annual customer tax retur...