COMMERCIAL CREDIT ANALYST
Sterling State Bank is seeking qualified applicants for the position of Commercial Credit Analyst. This position is full-time and is located at our Corporate Office (4200 Badger Hills Drive, NW, Rochester, MN 55901).
Essential Duties and Responsibilities include: Working closely with commercial lenders to process commercial loans from the approval stage through closing by analyzing financial data and building loan presentations, reviewing the files to determine what information is needed, contacting appropriate sources for information and preparing accurate documents for closing. Attention to detail, familiarity with lending terms and concepts, and a commitment to loan compliance are all important attributes possessed by successful applicants.
Additional responsibilities include examining documents and submitted forms in order to ensure compliance with the requirement standards of the Bank, checking for any inconsistencies or accuracy issues, and ensuring that loans are processed in accordance with the Bank’s policy and regulatory guidelines as applicable.
Essential Education, Skills and Experience (Required):
One (1) year of commercial or consumer loan processing experience preferred but not required. A finance, business or accounting degree is helpful in this role.
Basic understanding of federal and state laws regarding lending practices. Ability to work with minimal direction and demonstrate proactive problem-solving skills. Ability to deal effectively with time pressures and rapidly changing priorities. Excellent organizational, verbal and written communication skills.
Working knowledge of MS Office Suite and the technical ability to operate banking software and other general office equipment. Minimum of one (1) year of experience preparing loan documents utilizing LaserPro® preferred but not required. Familiarity with FISERV’s Premier core operating system a plus.
This position is 40 hours per week. Benefits include health care and dental insurance, 401k (with company matching), company-paid life insurance and paid vacation.