Credit Analyst

TrustBank, a community-focused bank in Olney, Illinois, is seeking a Credit Analyst to support sound lending decisions across personal and business banking. You will analyze financial statements, tax returns, credit reports, and collateral to assess risk, prepare clear credit memos, and recommend loan structures within policy and regulatory guidelines. Partner closely with lenders and relationship managers, monitor portfolio performance, and help identify emerging risks. This role is ideal for detail-oriented professionals who value integrity, teamwork, and building long-term relationships in a community banking environment.

Responsibilities

• Analyze borrower financial statements, tax returns, and credit reports to assess creditworthiness and risk.
• Prepare detailed credit memoranda with recommendations on loan structure, terms, and covenants.
• Support lenders in underwriting personal, mortgage, and commercial loans within policy guidelines.
• Monitor existing loan portfolios, identifying early warning signs and emerging risks.
• Evaluate collateral, loan-to-value ratios, and repayment capacity for new and renewed credits.
• Ensure compliance with banking regulations, internal policies, and risk management standards.
• Maintain accurate documentation and credit files for audits and reviews.
• Collaborate with relationship managers to provide responsive, relationship-focused service to clients.

Required Skills

• Financial statement analysis
• Credit risk assessment
• Ratio analysis
• Commercial loan underwriting
• Cash flow modeling
• Excel and financial spreadsheets
• Credit memos and documentation
• Regulatory compliance (banking)
• Portfolio monitoring
• Collateral evaluation