Northwestern Bank, a proud member of the Chippewa Valley community since 1904, is currently seeking a full-time, experienced Credit Analyst.

The ideal candidate will be joining an experienced lending team with very complicated and substantial loan portfolios and can have an immediate impact on the team and bank. Applicants should have a degree in Finance or Accounting, with at least 3-5 years’ experience in banking as a Credit Analyst.

A complete job description can be found below.

Northwestern Bank

About Northwestern Bank

Northwestern Bank is a locally owned, community bank proudly serving our communities for over 100 years. We are building stronger communities where people matter, and we do that by putting our core values in action.

Northwestern Bank is a reflection of each of the communities we serve and like our communities we are strong, committed, and genuine. We treat customers like family, giving sound advice, and honest financial direction.

About Our Employees

Northwestern Bank employees are remarkable in their commitment to our communities, customers, and to each other. They bring our values to life as they perform their day-to-day responsibilities, make decisions, and in how they treat others. Our employees regularly rise above expectations as they seek to help others, always being truthful, respectful, and trustworthy. They serve our communities through active volunteerism.

Credit Analyst

Position Summary:

Works directly with Loan Officers to prepare thorough analysis on credit presentations and annual reviews. Responsible for the maintenance of timely customer financial reporting and credit ratings. Performs portfolio risk assessment analysis and actively participates in Loan Committee. Conducts other duties necessary to carry out the responsibilities of this position.

Principal Duties and Responsibilities:

• Assist Loan Officers with annual loan reviews on credit relationships as required by Bank policy and regulatory guidance, by conducting financial analysis and risk ratings using Bank spreadsheet software and standard scoring matrix.
• Assist Loan Officers in preparation of loan write-ups for potential new loans.
• Prepare spreadsheets and conduct analysis of customer’s financial information.
• Assist Loan Officers with ordering of required documentation such as credit bureaus and flood determinations.
• Attend weekly Loan Officer Committee meetings, Loan and Credit department meetings and quarterly ACL/CECL meetings.
• Provide assistance as needed for required external loan review and regulatory exams.
• Contact credit customers as needed to ensure timely collection of financial statements
• required by the general loan policy.
• Assist with the preparation of monthly and quarterly management reports as needed.
• Assist as needed with the preparation of Loan Committee minutes and Board loan reports.
• Develop a thorough understanding of all bank products both related and unrelated to the Loan Department.
• Assist as needed with Escrow mailings and UCC filings.
• Acquire a working knowledge of filing initial UCC filings in addition to monitoring and paying UCC filings as they become due, in order to serve as a back-up for those duties as needed.
• Maintain charge-off loan records payment report.
• Assist as needed with downloading documents from the share file.
• Assist as needed with sending out loan paperwork via DocuSign and forwarding onto Loan Processors.

Additional Duties and Responsibilities:

• Assists other Bank employees with questions and concerns relating to loan customers, loan analysis and loan documentation. Keep up to date on laws, rules, and regulations pertaining to the position.
• Cross-sell bank products and services when opportunities arise.
• Perform other duties as may be necessary to fulfill the responsibilities of this position.
• Secure the vaults at the close of business and open/secure them on assigned workday mornings and Saturday.

Work Relationships and Scope:

Reports to VP- Credit Manager. Works closely with Loan Officers, Loan Support Specialist, Loan Processors and Loan Secretaries regarding analysis and technical exception work. Has occasional contact with attorneys, accountants, other professionals and outside parties relating to loans. Has regular access to highly confidential customer, employee and Bank financial information.

Measures of Performance:

Quality, accuracy, reliability, friendliness, thoroughness and timeliness of services provided to the Bank and customers; adherence to banking regulations and accepted audit procedures; ability to earn the trust and respect of employees and co-workers; effectively communicates and develops good working relationships with co-workers; professional workplace appearance and conduct; keeps Bank, customer, and employee information confidential; participates in training and appropriate professional development; reliability in reporting to work regularly and on time; understands and adheres to Bank policies and procedures; informs customers and potential customers of additional Bank services through cross-selling.

Benefits Offered to Full-time Positions:

• Competitive Pay
• Generous 401K plan
• Health, Dental, Vision, Life, and Long-Term Disability Insurance
• Incentive Bonus program
• Paid Vacation, Holiday, and Sick time

Knowledge, Skills and Abilities Required:

Prefers a degree in business, preferably in finance, accounting or economics, and at least two years of previous banking loan/credit experience (or equivalent combination of education and experience). Must possess: good understanding of accounting, cash flow, financial ratio analysis, and financial institution regulations; ability to input and retrieve computerized information on a PC; good understanding of computerized loan accounting systems; excellent problem solving ability to find errors and determine most desirable solutions; courteous and professional customer service attitude; intermediate mathematical skills (add, subtract, multiply, divide, fractions, percents, decimals, algebra, statistical analysis); ability to follow written and verbal instructions; good verbal communication skills for interacting professionally with customers. Must have ability to: compose routine and complex business reports and correspondence; read and interpret technical documents; maintain the integrity of highly confidential customer, Bank and employee information; deal effectively with time pressures and stress. May need to bend, stoop, and lift to move light office materials and retrieve files.

Working Conditions:

Work is performed largely in a pleasant office environment with minimal chance for personal injury. Intermittent sitting and standing and frequent mental and visual concentration for usage of PC required. Work is performed generally during regular business hours. Occasional over night, out-of-town travel may be required to attend seminars, meetings, etc.

Equipment Operated:

Windows based PC (Office software, specifically Excel and Word), Bank software, Moody’s, Zoho, interaction with Bank’s main frame, internet capabilities including e-mail, computer printers, fax, copier, and telephone.