Credit Analyst 2

Career Details

Full Time Grimes, Iowa Posted on 8/6/2025

Summary:

A Credit Analyst 2 assists the Commercial and Agricultural Lenders in the administration of their portfolios by spreading business and personal financial statements, analyzing these financial statements, and preparing Loan Request Presentations for approval.

This position will provide expertise in all loan products and services which requires attending internal and external training sessions as assigned by supervisor. This position requires a basic understanding of loan input, extensions, payments/advances, and general ledger entry and balancing. Supports all lending officers with loan input and monitoring expertise and possesses excellent customer service skills. Maintains a working knowledge of the Bank’s loan analysis software with knowledge of Moody’s Lending Cloud software preferred.

Serves as an Administrator of Lending Cloud lending software, insuring consistent, and efficient use by all lending personnel. Underwrites new and existing loan Participations purchased and completes Annual Reviews. Facilitates compliant Appraisal engagement and reviews for all lending personnel of the Bank. Assists with the production of monthly and quarterly Board Reports and other Loan Reports.

ACCOUNTABILITIES:

Credit Analysis:  80%

• Researches background documentation and reviews personal and business financial statements and tax returns. Analyzes financial information and prepares the preliminary analysis for the lender. Assesses the creditworthiness of loan applicants, judging their suitability as borrowers as well as the precise terms (interest rate, repayment schedule, etc.) on which credit may be granted.

• Prepares spreadsheets, reports, summaries, and opinions for financial institution officers on the largest and most complicated new, renewal, existing loans, and credit requests.

• Establishes, reviews, and updates new and existing loan files for the Bank on a regular basis. Ensures that proper Risk Ratings are in place for all loans.

• Maintains control of the request, submission, and receipt of financial statements from borrowers and prepares necessary analysis documentation.

• Maintains a good working knowledge of the Bank’s lending policies and procedures and identifies deviations from any policies and/or procedures.

• Assists in writing loan policies and procedures, along with implementing and recommending changes.

• Provides technical advice or assistance to loan officers as needed.

• Assists with other credit activities including, but not limited to, construction advances, collections, tickler items, and exam preparation.

Loan Review:  10%

• Attends the Loan Committee meetings and reports any findings that may have an adverse affect on loan collateral or a borrower’s ability to repay the loan.  Responsible for updating and submitting required reports, as necessary.
• As necessary helps prepare the Analysis of the Adequacy for the Current Expected Credit Losses (CECL) on a quarterly basis, including identifying potential classified loans. Assists preparing all Assigned Loan Committee and Board Reports monthly.

Appraisal Ordering:  5%

• Engages and award Appraisal orders for Lending Staff per the Bank’s loan policies.
• Reviews appraisals upon receipt to ensure compliance with Interagency Guidance on Appraisals.

• Orders and reviews AVM per loan policy.

• Prepares and/or reviews internal evaluations on Ag Land or Commercial Real Estate per loan policy.

Other:  5%

• Assist with cross selling and referrals to other departments of the bank.

• As part of the overall team of bank employees, this position may be requested to assist in the support of other bank activities.

COMPETENCIES:

Adaptability:

• Able to adjust quickly to different work situations; remain composed under pressure and stressful situations. Able to apply critical thinking and emotional intelligence skills in a wide variety of situations.

Analysis:

• Must be able to analyze numbers and use those skills as they pertain to the loan underwriting process.  Must be organized, efficient, and able to work independently and be detail oriented to generate accurate reports. Able to work with and interpret multiple sources of data to provide senior management with accurate information.

Attention to Detail:

• Regard for all key details to assure accuracy in every transaction performed; detect errors; follow through on corrections and details.

Oral/Written Communication:

• Must be able to communicate thoughts professionally and effectively, both orally and written.  Must be able to communicate throughout the organization and to all levels of staff as well as external contacts.

Time Management:

• Ability to effectively manage one’s time to complete work according to established deadlines.  The ability to prioritize tasks to make the best use of time for high priority tasks.

EDUCATION AND EXPERIENCE

Bachelor's degree (B. A. or B.S.) in finance, accounting, or business-related field required and three to five years’ of credit analysis experience.

Computer and data processing literacy required, including adept experience with Microsoft Office programs and Fiserv software. Experience with Lending Cloud is helpful but not required. Bank regulation and compliance is required. Mathematical, organizational, and verbal and written communication skills required. Must be highly motivated with good communication skills, able to work independently, and capable of executing tactical plans in line with strategic objectives.

LANGUAGE SKILLS

Ability to read, analyze, interpret, and implement regulations and laws, general business periodicals, professional journals, technical procedures, or governmental regulations.  Ability to write reports, business correspondence, policy, and procedure manuals.  Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the public.

MATHEMATICAL SKILLS

Ability to apply mathematical operations including but not limited to variance analysis, factor analysis, correlation techniques, sampling theory and sensitivity analysis.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions and/or problems and deal with several abstract and concrete variables.

CERTIFICATES, LICENSES, REGISTRATIONS

Valid driver’s license required for travel to Bank offices, training sessions, customer meetings, Bank, and community meetings, etc.  Ability to speak a foreign language is helpful but not required.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to talk or hear.  The employee frequently is required to sit; use hands to finger, handle, or feel; and reach with hands and arms.  The employee is occasionally required to stand; walk; climb or balance; and stoop, kneel, or crouch.  The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 50 pounds.  Specific vision abilities required by this job include close vision, distance vision, color vision, and depth perception.

Must be willing to work more than 40 hours per week and on some weekends as required.

WORK ENVIRONMENT 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is occasionally exposed to moving mechanical parts and outside weather conditions.  The noise level in the work environment is usually moderate.

 

The above statements are intended to describe the general nature and level of work being performed by the person assigned to this position.  They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.  Further, this job description is not intended to limit or in any way modify the right of any supervisor to assign, direct and control the work of any employee under his/her supervision.  I further understand that employment is at the will of the employer and either the employer or the employee may at any time terminate the employment with or without cause.  I further understand that no representations, promises, or commitments made by supervisors or other company representatives relating to this position or duration of employment are binding on the company.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.