Credit Analyst III at Midland States Bank in Effingham, Illinois

Job Description:

Salary Range: $65,000-$85,000

At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Position Summary

This position is expected to have greater than 3 years of credit analysis experience.  A comprehensive understanding of processes, policies, regulation and rules is expected at this level.  This position is responsible for spreading and analyzing commercial and consumer financial information.  The analysis is compiled into a Credit Approval Form.  Ability to train and review work of less experienced analysts.   Acts as a resource for the lending team, identifying and analyzing risk as well as performing research as needed.   As a member of the Credit Administration team, this individual will be expected to contribute to the improvement of the department.  Persons at this level may have credit approval authority.  This individual will be held accountable for credit quality and personal goals.

 

Primary Accountabilities

• Fully understand and implement all aspects of all loan policies and bank regulations.
• Meets or exceeds all goals established
• Attends department and bank meetings as required
• Accepts other duties and responsibilities as assigned
• Maintains positive attitude
• Abides by all bank policies and procedures
• The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
• May require work in a Midland office to ensure collaboration and support of internal and external customers. 
• Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
• Other duties as assigned. 
• Commercial Credit Analysts:
  • Spreads financial information by using the bank’s financial software
  • Perform analysis as requested and on the largest and most complex loan relationships 
  • Complete Credit Approval Forms (CAF) for large and complex credit relationships 
• Retail and Business Banking Analysts:
  • Underwrite and decision large and more complex retail loan requests within designated authority
  • Underwrite and decision all commercial loan requests within designated authority
  • Proficiency in performing all loan origination functions.  This includes analysis, loan structuring, underwriting, document preparation and quality control

Position Qualifications

Education:

• Bachelor’s Degree or experience equivalency
• 3+  years credit/risk analysis experience

Competencies/Other Skills:

• Business insight
• Cultivates innovation
• Drives results
• Makes sound decisions
• Being a brand champion
• Collaborates
• Communicates effectively
• Customer focus
• Being Authentic
• Emotional Intelligence
• Self development
• Being flexible and adaptable

 

At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. We’re proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at HR@midlandsb.com.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

Equal employment opportunity, including veterans and individuals with disabilities.

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