Credit Analyst III - Rochelle, IL

WORK LOCATION: This is a hybrid or in-office position. We are open to this candidate working from one of the following offices: Oregon - IL, Roscoe - IL, Stillman Valley - IL, or Rochelle - IL.

POSITION SUMMARY: The Credit Analyst III is a senior individual contributor responsible for independently underwriting complex commercial credit relationships with minimal supervision. The analyst evaluates repayment capacity, develops credit structures and recommendations, and monitors material credit risks. Assignments may include commercial real estate, operating businesses, and agricultural credits. The role serves as a technical resource, reviews analytical work, and mentors Credit Analysts I and II. Significant policy exceptions and unresolved credit concerns are escalated to the Credit Manager. Loan approval authority requires a separate written delegation.

PRIMARY RESPONSIBILITIES AND ACCOUNTABILITIES:

• Lead assigned complex underwriting requests, renewals, modifications, and annual reviews from information gathering through presentation. Coordinate with lenders, customers, and advisors to resolve material questions and meet agreed deadlines.
• Analyze complex financial statements, tax returns, and ownership structures. Reconcile related entity transactions, distributions, nonrecurring items, and contingent liabilities; validate financial spreads and document significant adjustments and reporting limitations.
• Evaluate primary and secondary repayment sources, including business, personal, and global cash flow. Assess guarantor liquidity and capacity; develop projections and downside scenarios that test key assumptions and repayment resilience.
• Assess collateral quality, marketability, and coverage, including borrowing bases, receivables, inventory, equipment, review appraisals, and environmental reports. . Evaluate valuation and due diligence findings, identify material limitations, and coordinate technical questions with qualified reviewers.
• Integrate management quality, industry conditions, market trends, concentrations, and structural risks into credit conclusions. Serve as a resource for assigned industries or credit types and communicate emerging risks to credit leadership.
• Develop and present well-supported credit recommendations to designated approvers and committees. Work with lenders to recommend terms, repayment schedules, covenants, collateral, guaranties, and monitoring requirements; explain exceptions, alternatives, and residual risks.
• Recommend and substantiate risk ratings, including rating changes and criticized credit designations. Resolve analytical differences through documented discussion and promptly escalate material concerns to the Credit Manager.
• Monitor assigned complex and higher-risk relationships through financial reviews, covenant testing, and exception analysis. Recommend corrective action or enhanced monitoring; support problem loan and restructuring analysis under management direction.
• Perform assigned quality reviews of analysts’ spreads, cash flow models, risk ratings, and credit presentations. Provide actionable feedback and follow up on corrections; coach Credit Analysts I and II and develop training materials.
• Prepare portfolio analyses, stress testing, and management summaries as assigned. Support independent loan review, audits, and examinations through accurate records, explanations, and follow-up on findings related to assigned work.
• Lead assigned process or system improvements and recommend updates to underwriting procedures. Apply Bank policies and compliance requirements, protect confidential information, maintain objective credit judgment, and perform other credit administration duties as assigned.
• Take minutes for Loan Administration Committee and Senior Loan Committee on a rotating basis with other Credit Analysts.
• Prepare monthly reports for Loan Risk Management Committee and Directors Loan Committee.

• Bachelor’s degree in accounting, finance, economics, business, or a related field, or an equivalent combination of relevant education, training, and experience.
• Minimum of five years of commercial credit analysis or underwriting experience, including demonstrated success independently evaluating complex relationships and developing sound credit recommendations.
• Thorough knowledge of accounting principles, financial statements, tax returns, related entity structures, global cash flow, guarantor analysis, and commercial loan documentation concepts.
• Advanced analytical skills in financial modeling, projections, stress testing, collateral evaluation, risk ratings, and loan structuring. Ability to identify unsupported assumptions and assess the combined effect of financial and structural risks.
• Strong writing, presentation, and interpersonal skills; ability to defend credit conclusions, discuss sensitive issues constructively, and explain recommendations to customers, lenders, management, and committees.
• Proficiency in Microsoft Excel, Word, Outlook, and credit analysis software. Experience with Abrigo or comparable financial spreading and loan origination systems preferred.
• Demonstrated ability to mentor analysts, review work for quality and consistency, and coordinate complex assignments with minimal supervision while meeting deadlines.
• Sound judgment, professional integrity, and respect for confidential information. Thorough knowledge of credit policies and applicable lending requirements, with the ability to recognize and escalate matters beyond assigned authority.

PHYSICAL REQUIREMENTS

Work is performed primarily in a typical office environment and involves extended use of a computer, reviewing electronic and paper records, and communicating with colleagues and customers. Occasional movement within the office and handling of routine office materials are required. Essential functions may be performed with or without reasonable accommodation.

GENERAL NOTICE

This position description describes the general nature and level of work assigned and is not an exhaustive list of duties. The employee may be assigned other job-related responsibilities. Requirements may be modified to reasonably accommodate individuals with a disability.

This position description does not constitute an employment agreement between the Bank and the employee and is subject to change as the needs of the Bank and requirements of the position change.

PAY RANGE & BENEFITS INFORMATION:

• This is a salaried, exempt position. Annual salary depends on experience, but the expected hiring pay range is $70,000 - $95,000.
• Stillman Bank offers medical, dental, vision, life / accidental death & dismemberment insurance, long-term disability, short-term disability, 401k / Roth retirement plan with discretionary company-paid match and profit sharing. Paid time off benefits include vacation time, flex (personal) time, paid birthday day off, paid volunteer time, and holiday pay. Waiting periods may apply.