Collaborate with Commercial Lending, Credit Administration, and Service Support to provide feedback regarding the quality of the loan portfolio and loan processes. Individual reviews and projects completed by the Credit Review Analyst feeds into the overall quarterly Loan Review reports and recommendations provided to Management and Audit Committee. The primary duties include loan file reviews of commercial and retail borrowers/loans to address the following areas:
Risk Grade - Assess the adequacy of the risk grade classification through the review of borrower and guarantor financial performance, collateral strength, and verification/completion of risk grading scorecards (as applicable).
Portfolio Management -Monitor ongoing portfolio management activities, such as timely portfolio reviews, covenant compliance, and borrowing base compliance & management.
Underwriting - Assess and provide feedback on the adequacy of the Credit department's analyses through the verification and/or calculation of financial and collateral ratios, such as cash flow, leverage, liquidity, and loan-to-value ratios along with accurate scorecard completion. Evaluate the underwriting standards and activities of lending and credit personnel including compliance with lending policies, the quality of loan approvals, appropriate loan/borrower performance monitoring, and ongoing credit risk assessment.
Financial - Review the credit file for completeness and timeliness of required borrower and guarantor(s) financial statement reporting such as audits/reviews/tax returns, borrowing base certificates, and covenant compliance certificates.
Policy - Understand, interpret, and apply complex lending policies and regulatory guidance to a diverse set of customers and credit structures.
System - Review electronic loan records for proper classification and coding for management and financial reporting purposes.
Documentation - Confirm the accuracy of loan, entity, collateral, and government guarantee/program-specific documents as compared with approved loan structure/requirements.
Assess the materiality level of identified exceptions and assign attention ratings to each exception based on the impact to repayment source, portfolio management, and/or financial reporting.
Prepare clear and concise written individual review reports, which summarize the borrower(s), relationship, loan transaction(s), and Loan Review exceptions along with corresponding recommendations.
Present and defend grade classification recommendations for discussion first with the Director and then with Commercial Lending and Credit Administration.
Review and address report/exception responses/questions from Commercial Lending, Credit, and Service Support for revisions and inclusion in the final review report.
Identify and present best practice recommendations related to various internal lending processes, industry trends, and regulatory guidance.
Calculate and/or compile loan- and/or borrower-level stress testing data, which may include balance sheet, cash flow, and collateral information.
Participate in periodic department meetings to discuss strategies for credit risk analysis, identified exceptions trends, process improvements suggestions, and testing best practices obtained from testing and/or external training.
Attend weekly loan committee meetings and provide feedback to the department on potential credit risks and portfolio trends.
Participate in internal and external training to maintain and develop the technical knowledge and skills needed to analyze the loan portfolio, which includes existing and new financing products.
Education & Training
Minimum 4-year college degree in finance, accounting, or economics.
Banking experience as follows:
Credit Review Analyst I: 1-6 years of commercial loan review, lending, credit analysis, or other related banking experience preferred.
Credit Review Analyst II: 7-12 years of commercial loan review and/or credit analysis experience.
Credit Review Analyst III: A minimum of 12 years of commercial loan review and/or credit analysis experience.
Knowledge of accounting and financial reporting through college course work or job experience.
Proficient experience with PCs and spreadsheet/word processing software.
Busey believes that diversity and inclusion among our teammates is critical to our success as a company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.Equal Opportunity Employment is a priority for Busey and all qualified applicants will receive consideration regardless of race, color, religion, national origin, genetic information, sex (including pregnancy), age, sexual orientation, gender (including gender identity and expression), marital status, military status, veterans status, citizenship status, disability, order of protection or any other characteristic protected by applicable law or other non-merit based factors.
As of June 30, 2019, First Busey Corporation (Nasdaq: BUSE) was a $9.61 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary with total assets of $7.66 billion as of June 30, 2019, is headquartered in Champaign, Illinois and has 44 banking centers serving Illinois, 13 banking centers in the St. Louis, Missouri metropolitan area, five banking centers serving southwest Florida and a banking center in Indianapolis, Indiana. Through the Busey Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $7.47 billion. Busey Bank owns a retail payment processing subsidiary, FirsTech, Inc., which processes approximately 28 million transactions per year using online bill payment, lockbox processing and walk-in payments at its 4,000 agent locations in 43 states. More information about FirsTech, Inc. can be found at firstechpayments.com.
Busey Bank was named among Forbes' 2019 Best-In-State Banks—one of five in Illinois and 173 from across the country, equivalent to 2.8% of all banks. ...Best-In-State Banks are awarded for exceptional customer experiences as determined by a survey sample of 25,000+ banking customers who rated banks on trust, terms and conditions, branch services, digital services and financial advice.
TheBANK of Edwardsville, a wholly-owned bank subsidiary of the Company with total assets of $1.95 billion as of June 30, 2019, is headquartered in Edwardsville, Illinois and has 19 banking centers. Through TheBANK of Edwardsville Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $1.50 billion.
For more information about us, visit busey.com and 4thebank.com.