Ag Credit Analyst Ii

Who We Are

We have the fundamental belief that we, as an organization, can and will improve lives. Rooted in the centuries-old credit union philosophy of people helping people, we maintain a simple premise. Those we interact with will receive equal and just treatment, devoid of intolerance, false judgment, racism, or discrimination of any kind. We must not accept less if we are to fulfill our mission, "We Improve Lives." This mission empowers us to serve the greater good and to make a difference in our world. Our cooperative structure creates a cycle of mutual assistance towards the common goal of the financial well-being of members.

At BHFCU, we're committed to improving the lives of our members every day, and we look for people who share that passion. Don't have a ton of financial industry experience? No problem. Our onboarding includes an orientation program with ongoing training to help staff further their career at BHFCU by building on their existing strengths.

General Purpose: Independently completes commercial credit analysis and written presentations on smaller, less complex, commercial, and/or agricultural credit relationships. Analyze and prepare written presentations to recommend approval, denial or alternative structures and note any deviations from Loan Policy as appropriate. Work with Commercial and/or Agricultural Loan Officers to discuss issues and ask questions with guidance from the Credit Administration Manager.

Essential Duties/Responsibilities

1. Underwrite with guidance from the Credit Administration Manager of smaller, less complex existing and new credit exposures for Commercial and/or Agricultural opportunities
2. Spread and analyze financial reports including but not limited to year-end financial statements, personal financial statements, interim financial statements, accounts receivable and accounts payable from the loan officers, borrowers or borrowers accountants
3. Responsible for independently managing: spread workflow, underwriting workflow, and deadlines
4. Gather, consolidate, analyze and summarize data to provide well-considered recommendations for smaller, less complex, levels of commercial credit relationships
5. Identify and quantify risks, prepare written detailed analyses and present these facts and offer opinions concerning credit-worthiness of borrowers
6. Confer with lenders and other business representatives to exchange and verify credit information and financial transactions
7. Participate in discussions with and/or calls to existing or potential members
8. Occasionally meet with members to review their business operations, discuss their financial statements and analyze their credit requirements
9. Act as control point in the loan approval process to ensure adherence to credit policies and loan covenants
10. Complete tasks as assigned by Credit Administration Manager including monitoring and testing financial covenants, assists with audits, examinations, stress testing and risk reviews
11. Assume additional duties and responsibilities as required

Other Duties/Responsibilities

1. Keep current on business related compliance issues
2. Understand SBA/USDA underwriting requirements and documents
3. Assist lenders and loan support staff in loan closing activities
4. Keep current on trends within the industry by attending seminars, workshops and reading industry periodicals

Job Knowledge

1. Working knowledge of the credit union's products and services
2. Working knowledge of the credit unions policies/procedures and credit union's service philosophy
3. Working knowledge of safety and security program for false alarms, robberies, bomb threats and extortion
4. Working knowledge of credit union's in-house computer system/Internet
5. Advanced knowledge of state and federal business lending regulations
6. Working knowledge of credit and financial analysis techniques

Job Qualifications (Skills)

Black Hills FCU is committed to working with its employees to provide reasonable accommodation for them with the physical aspects of the position. The following list outlines the physical considerations that are normally encountered in this job.

1. Vision: A sighted person to review effectively documents
2. Speech/Hearing: Ability to communicate verbally and in writing with staff, members and vendors
3. Manual Dexterity: Ability to perform necessary computer-related input
4. Physical Mobility: Limited mobility required
5. Requires the ability to work flexible hours

Job Qualifications (Ability)

1. Must be able to work in a fast-paced environment and execute multiple tasks successfully for meeting timely deadlines
2. PC proficiency with spreadsheet and word processing software
3. Proficiency with financial statement analysis software
4. Strong oral and written communication skills
5. Ability to present a professional and personable personality
6. Ability to confidently and assertively defend analytical decisions

Job Qualifications (Education/Experience)

MINIMUM EDUCATION REQUIREMENTS

• B.S/B.A in accounting, finance or general business (or equivalent experience)
• 9 hours in accounting preferred
• 12 hours in finance preferred

MINIMUM WORK EXPERIENCE

• 3 to 5 years of credit analysis experience in a financial institution or regulatory agency, or recent graduate that meets the educational requirements, that includes analysis of smaller, less complex, credits and composing analytical reports
• Ability to analyze credits based on tax returns
• Formal credit training
• Knowledge of collateral and credit documentation and borrowing entity structure

Working Conditions

Material and Equipment Involved

• In-House Computer System / Internet
• Personal Computer
• Microsoft Office Programs

Work Environment/Physical Activities

Job requires limited physical effort. It is a desk assignment. The job calls for a high degree of mental concentration to interpret and act upon a wide range of situations. The job requires a degree of attention to details.

Notice: This job description is not intended to be, nor should it be construed as, a contract or guarantee for employment. BHFCU adheres to all federal and state labor laws regarding termination and probationary periods. This position is also subject to all the personnel policies of the Black Hills Federal Credit Union. Changes may be made to this job description at any time by the President. Black Hills Federal Credit Union is an equal opportunity employer.