Credit Analyst I

First Merchants Bank is seeking a Credit Analyst I to join our team! This position will provide upfront and ongoing credit risk assessment support for the cash flow lending portfolio.

As part of this role you will:

• Master basic skills and developing complex skills required to complete the following tasks:
  
  
  
  • Complete accurate, unbiased credit analyses according to standards:
    
    
    
    • Spread and analyze financial data; and
    • Credit risk assessment and analysis for credit requests, renewals, and reviews.
    
    
    
    
  • Complete interim risk monitoring:
    
    
    
    • Spread and review of financial data;
    • Complete trend reports for borrowing base certificates;
    • Complete covenant monitoring;
    • Report concerns to management and relationship managers;
    • Compile quarterly portfolio review reports for cash flow portfolio;
    • Assist with ongoing stress testing of cash flow portfolio
    • Perform enterprise valuation (EV) work for trouble credits.
    
    
    
    
  • Order and review third party field work, including field exams, inventory & equipment appraisals
  • Attend and participate in Specialty Lending Committee, Corporate Special Assets (as requested) and Executive Loan Committee (as requested).
  • Attend and participate in department and policy meetings as requested.
  
  
  
  

In order to be successful in this position, we require the following:

• Bachelor's degree.
• One (1) year of related commercial credit or related analytical experience.

The following would be a plus:

• Bachelor's degree in accounting, finance or business.

First Merchants offers the following:

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!