Copy of Credit Analyst II

About South Story Bank & Trust

At South Story Bank & Trust, we are helping our communities, businesses and customers write their own stories through financing, banking, re-investing in our communities and giving back. We foster a collaborative, progressive environment where dedicated professionals can build rewarding careers while making a tangible impact in the community.

Position Overview

We are seeking an experienced and motivated Credit Analyst II to join our team in Ames, Huxley, Slater or West Des Moines, IA. In this role you will provide timely and quality financial statement spreads and calculate and determine a borrower’s compliance with loan covenants. You will also assist with the preparation of approval packets for commercial loan requests and annual reviews as well as support the credit risk function of the bank by performing other duties as assigned. You will be at the forefront of our efforts to support local businesses and stimulate economic growth in the communities we serve.

Key Responsibilities

· Spread business and personal financial statements and prepare financial analysis.

· Support commercial underwriting by inputting customer information into the loan system (i.e., Abrigo).

· Prepare appropriate cash flow analysis to determine a borrower’s ability to service debt obligations.

· Independently calculate borrower financial covenants for compliance with loan agreements.

· Prepare various reports that support management reporting and tracking.

· Work with Commercial Portfolio Managers to understand client requests and/or current financial performance.

· Attend loan department and other committee meetings.

· Independently researches and analyzes company, industry and economic data.

What We Offer

• Competitive Compensation: A salary package that rewards both individual and team performance.
• Comprehensive Benefits: Health, dental, and vision coverage, life insurance, generous paid time off, a 401(k) plan with matching contributions.
• Growth & Development: Opportunities for professional and career growth in a supportive, community-focused environment.
• Inclusive Culture: South Story Bank & Trust is an Equal Opportunity Employer. We value diversity and are dedicated to providing a welcoming, inclusive workplace for all.

· Experience: 3 to 5 years Credit Analyst experience required. Prior underwriting experience in commercial banking or other related financial experience desired.

· Educational Background: Bachelor’s degree in finance, accounting or related field preferred. Or an equivalent of combined education and relevant work experience.

· Specific Skills: Working knowledge of cash flow, TVM, ordering and reviewing commercial appraisals, useful life of collateral, loan structure and other Banking standard UW metrics.

· Technical & Analytical Skills: Ability to research and understand commercial and commercial real estate lending and banking regulations.

· Interpersonal Skills: Ability to deal effectively with customers and all levels of the bank organization.