Job Description
Job Description
About Minnwest: Minnwest is a family owned, community bank based in Minnesota and South Dakota. We believe our success is measured by the extent in which we have a positive impact on the communities we serve. We are committed to building strong, vibrant communities through our core values:
- The customer is the first priority.
- We will keep all of the commitments we make.
- We are the people who get things done.
- We will work together as a team.
Location(s): Minnetonka, Sioux Falls or St. Cloud branches
Job Summary: The Senior Credit Analyst is a senior level position responsible for completing commercial credit related activities on relationships of all sizes and complexity in order to evaluate credit risk for Minnwest Bank and affiliates. No lending authority is expected.
Duties and Responsibilities (including but not limited to):
- Responsible for mastering commercial credit tax return and financial statements spreading software and completing according to Minnwest Bank's prescribed requirements.
- Responsible for mastering Minnwest Bank's credit policies and procedures, appropriate underwriting guidelines, and prescribed analysis techniques and applying this knowledge in the review, analysis and structuring of credits.
- Complete initial underwriting for credit relationships of all sizes and complexity with focus on new, large, complex and/or niche loan requests; also, complete ongoing monitoring and servicing of existing credits. This includes detailed written reports that identify, evaluate, and mitigate repayment risks by succinctly describing and evaluating the: overall relationship with Minnwest Bank; business, individual and global financial condition and performance; collateral quality and coverage; business and economic trends that impact borrowers; and by providing other relevant information for use in the credit review and decision process.
- Consistently complete work product with quality, accuracy, critical and strategic thinking, limited material revisions and within acceptable timeframes while meeting deadlines
- Develop positive working relationships with Minnwest Bank staff and borrowers and ensure responsive and timely actions when responding to requests and/or assignments. Interpret information needed to evaluate credit risk. Able to recommend loan structure, re-structure, and/or denial to bankers based on preliminary document review
Minimum Requirements:
- Undergraduate degree in finance, accounting or related field of study
- Previous commercial credit analyst work experience
- Strong Microsoft Excel skills
- Accounting, finance, math, statistics, computer and research skills
- Grammar, writing and verbal communication skills
- Willingness and motivation to learn the job and be trained/coached
- Positive attitude with team-oriented mentality
Preferred Qualifications:
- Superior accounting, finance, math, statistics, computer and research skills
- Superior grammar, writing and verbal communication skills
- Critical and strategic thinking skills
- Superior credit file documentation knowledge
- Superior time management skills
- Ability to grasp and implement new concepts quickly
- Ability to recognize and act on problems
- Ability to work independently with limited guidance
Schedule: Monday – Friday: 8:00 a.m. – 5:00 p.m.
Workplace Environment:
- Requires face-to-face interaction and coordination of work with other employees and departments, and in-person interaction.
- Working at a computer and utilizing a telephone
- Occasionally lifting up to 50lbs
Salary Range: $78,400 - $98,000 annually
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. The salary range represents anticipated base pay for this role. The actual pay offered will consider internal equity and may vary based on factors including but not limited to work location, candidate’s job-related knowledge, skills, and experience, among other factors.
Minnwest Benefits: In addition to salary, Minnwest Bank offers a comprehensive benefits package, including incentive and recognition programs. Minnwest Bank is focused on taking care of our employees and their families, and supporting their health and financial well-being, including:
- Comprehensive Medical, Vision and Dental Insurance
- Retirement savings including 401(k) with Employer Match and Employee Stock Ownership Plan (ESOP)
- Paid Holidays and Competitive Paid Vacation Days
- Paid Parental Leave
- Short- and Long-Term Disability
- Life, Critical Illness, and Accidental Insurance
- Tuition Reimbursement and Career Development Opportunities
- Employee Assistance Program (EAP)
- Paid Time Off to volunteer in your community
- Opportunities to connect with others through our diversity and inclusion focused Employee Resource Group
All benefits are subject to eligibility requirements.
A full background check, including federal, state, county, and civil, and general financial credit check will be conducted on the final candidate for this position. Candidate must pass the background check and financial credit check in order to obtain employment with Minnwest. Failure to meet any of the requirements may result in a rescission of your offer of employment.
EEO: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.