Credit Analyst

MidWestOne Bank is hiring a Credit Analyst in Iowa City, IA. The role involves credit analysis, preparing loan presentations, vendor due diligence, assessing risks, and conducting annual credit reviews. Candidates should have a bachelor's degree or relevant experience. The position offers competitive pay, performance incentives, benefits including health insurance, a 401(k) plan, and opportunities for career development. The bank promotes a culture of respect and belonging.
Small enough to care. Big enough to deliver.

The Credit Analyst is responsible for performing credit analysis assignments related to the pre-funding development, analysis and underwriting functions of commercial credits.
• Prepare loan presentations for use by lending officers or committees to make lending decisions on new credit approvals and renewals.
• Complete vendor due diligence and/or secondary market investor analysis under the direction of the VP, Credit Administration
• Assess total risk pertaining to requests for new or additional credit by new or existing customers, primarily through the analysis of financial statements and credit history.
• Prepare annual credit reviews for existing commercial customers. The reviews would include financial analysis of tax returns, company prepared statements and audits along with any changes that may have occurred since the previous review.
• Spread financial statements using Lending Cloud, the bank’s commercial credit analysis software, as needed.
• Analyze industry trends which may or may not raise potential concerns.
• Complete impairment worksheets used by bank management to assess potential loan losses.
• Compile board reports primarily through the use of Microsoft Excel.
• Other duties may be assigned.
• Bachelor's degree from four-year college or university in business preferred; or up to three years related experience and/or training in a lending, credit analyst, or regulatory role; or equivalent combination of education and experience.
• Competitive base compensation with additional performance-based incentives (incentives vary depending on role)
• Career development and continuous learning opportunities
• Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more
• 100% vested 401(k) Retirement Plan with company match
• Medical, Dental, and Vision insurance
• Flex spending plan & Health savings accounts with employer contribution
• Student Loan Debt Reduction Program
• Employee Stock Ownership Plan
• Employer provided group life insurance with option to purchase additional life insurance for you and your family members
• Employer provided long term and short term disability insurance
• Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance, and Hospital Indemnity
• Wellness Program
• Free banking services and other financial services discounts
• Take Your Dog to Work Day in June
• Employee Rally Day- a day of celebration and recognition!

RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE we aspire to create and sustain a culture of respect and belonging that is reflected in the workplace and the communities we serve.

Let's build something great, together.