Credit Analyst Needed

Prairie Community Bank is a growing community bank with 3 locations, including Marengo, Union and Elgin, IL. Prairie offers competitive salary and benefits, including 401k match, incentive plan, medical, dental, life insurance, LTD, vacation and paid holidays. We are seeking a full-time Credit Analyst for our Marengo location to effectively estimate the degree of risk involved in extending credit to firms or individuals by performing the following duties:

  • Prepares credit memos for all commercial and all applicable consumer loan requests using appropriate procedures
  • Completes underwriting analysis for new loan requests, renewals and annual reviews for credit memos
  • Analyzes financials including tax returns, balance sheets and income statements for credit memos with details of financial performance, condition and risk factors
  • Works with lenders in detailing borrower background and current request narratives in credit memo
  • Inputs financial data into Sageworks software
  • Responsible for Sageworks software, including updates and product review
  • Analyze adequacy of accounts receivables for borrowing base certificate customers and perform site visits as required
  • Maintain accounts receivables ticklers for required relationships
  • Prepare financial information request letters to be sent
  • Collect tax returns and financial statements from customers
  • Maintain tickler for tax returns and financial statements
  • Maintain tickler for annual reviews
  • Complete board report "Annual Review" monthly
  • Co-ordinates ordering of commercial appraisals & evaluations
  • Reviews evaluations
  • Conducts monthly car dealer floor plan inspections and originates curtailment requests.

  • College degree or equivalent combination of experience and education preferred
  • Minimum 2 year bank credit analyst experience required
  • Proficient knowledge of federal tax returns
  • Proficient in Microsoft Office Suite
  • Knowledge of financial spreading software; Sageworks a plus

Skills and specifications
  • Strong attention to detail
  • Strong verbal and written communication skills
  • Self-motivated
  • Ability to deliver professional and courteous customer service


Job Type: Full-time