Credit Analyst

Careers at The First National Bank in Sioux Falls

As a Credit Analyst, you will be responsible for evaluating risk associated with commercial loan requests by analyzing company financial performance, industry trends, and other relevant financial information. This role includes preparing and presenting information to loan committees, senior management, and other internal committees.

In addition, our FIRST Values apply to all teammates without exception.

FIRST Values

• Family We support, trust, and respect each other, our customers, and our shareholders.
• Independence & Innovation We embrace change as vital to our success.
• Relationships We build relationships that are based on strong character, mutual loyalty, trust, and respect.
• Stewardship We take care of ourselves so we can take care of others.
• Teamwork We help each other grow and succeed.

Who we are:

The First National Bank in Sioux Falls began its long-term commitment to the Sioux Falls area in 1885. The oldest bank in Sioux Falls owes its longevity to a combination of service, stability, innovation, and family involvement. Over the past 140 years, The First National Bank in Sioux Falls has worked diligently to promote the growth and vitality of our city and the surrounding area. The Bank strives to continually be recognized as a community leader by reinvesting financial resources back into the communities it serves and encouraging active employee involvement in community volunteer organizations.

The First National Bank Way, which is a blend of our Mission Statement and FIRST Values, serves as the foundation of our culture. It is a gift that has been passed down to us and is the legacy that we will protect and preserve. Nothing is more important to us it is the cornerstone of our success.

Our culture is driven by integrity, service, and strong values; nothing has shaped it more than our FIRST Values.

Our FIRST Values are not just words; they are truly felt by our employees, customers, shareholders, and communities. They tell us who we are as a business and guide our behaviors and decisions as we move forward and build successful relationships.

Although banking has evolved over the years, our mission and values have not and will not change.

What will you do:

Accountabilities

Spreading Financials and Underwriting

Accurately enter customer and guarantor financial data into software programs to generate financial spreads, supporting the underwriting of bank documents, applications, and requests in accordance with regulatory requirements and bank policies.

• Utilize multiple bank software programs to complete financials spreads on loan customers for lenders. This can include business, personal, interim and annual review.
• Analyze the creditworthiness of prospective and current customers by preparing written reports of findings of assigned loans. This includes in-depth analysis of historical financial statements, projected cash flow, ratio analysis, general industry analysis and identified risks.
• Evaluate loan requests with regards to the Banks underwriting standards and regulatory requirements.

Monitor loans to assess the risk of a loan once the loan is booked.

• Conduct collateral inspections with lenders or another analyst on an as needed basis.
• Complete borrowing base tracking spreadsheets for lenders.
• Perform covenant monitoring duties to ensure covenants are in compliance.

Partner with others to ensure team goals are met.

• Collaborate with lenders and support staff to understand processes for preparing financial spreads and handling loan requests.
• Provide assistance on special projects as assigned.
• Ability to work independently with little supervision. Self-motivated.
• Excellent verbal and written communication skills.
• Ability to conduct relationships in a manner that ensures cooperation and positive results.
• Demonstrate a high degree of concern for professional and innovative customer service.
• Excellent organizational skills and attention to detail. High degree of accuracy required.
• Possess working knowledge of business and economics.
• Ability to manage multiple competing priorities.
• Ability to adapt to the needs of the organization and teammates.

Whats in it for you?

• Health Insurance
• Profit Sharing
• Paid Vacation & Holidays
• Company paid short and long term disability

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