Central Credit Analyst en Dacotah Bank

Location: Preferred location is Aberdeen or Sioux Falls, but we are open to considering other locations for the right candidate.

Job Summary
Analyze routine financial data of clients, including financial statements and cash flows. Reports financial position and credit worthiness of new and existing customers. Prepares in-depth written presentations, based upon their findings to assist bankers and Credit Admin when making credit decisions on lending and credit worthiness. Monitors ongoing financial information and brings irregularities to the attention of the lender. 

Primary Accountabilities  
Perform full range of duties pertaining to the credit analysis of new and existing borrowers. Analysis will be performed in accordance with established procedures and should include the following steps:

• Collect and enter customer financial data into bank’s credit platform system.
• Analyze data and prepare narrative on balance sheet, income statement, cash flow, financial ratios, and other relative data.
• Develop a conclusion or recommendation based on the analysis performed.
• Provide completed analysis to lender for review. May assist with financial analysis presentations to the loan committee as needed or requested by the lender.
• Review collateral and apply discounts appropriately.
• Assist in overall portfolio management to include past due loan and past due annual review management.
• Perform annual credit reviews of term credits, requesting and analyzing financial statements from customers, monitoring collateral, completing global cash flows, etc.

Secondary Accountabilities

• Keep abreast of new developments and trends in various industries related to the loan portfolio.
• Participate in the establishment of commercial lending, agricultural lending, and retail lending goals and profitability objectives. This includes the implementation of policies and procedures to assure the achievement of those goals.
• Maintain education and professional expertise through attendance at job related seminars, conferences and workshops and involvement in professional civic and community groups in leadership positions.
• Assists the Credit Admin department with special non-recurring and ongoing projects as needed.
• Perform other duties as assigned.

Qualifications 

• Bachelor’s degree in Accounting required and/or other related work experience of 3 – 5 years in business, finance, accounting, or related field.
• Knowledge of financial statements and ability to analyze credit worthiness.
• Basic knowledge of banking laws, rules, regulations and requirements.
• Excellent communication skills, both verbal and written.
• A drive to succeed, desire to learn new skills, an affinity for numbers.
• Proficient in using Outlook, Word, and Excel.
• Must be able to meet objectives, goals, and imposed deadlines with minimal guidance.
• Ability to travel.

We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including:

• Health Insurance-Dacotah Bank pays 100% of the premium
• Dental Insurance-Dacotah Bank pays 100% of the premium
• Health Savings Account
• Life Insurance for the employee and family
• Paid Vacation and Sick Time
• Retirement Plan Options
• Additional Perks and Benefits