This position may be located at our Billings, MT Downtown Tower branch or Bozemain, MT Main branch.
What’s Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That’s why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.
- Generous Paid Time Off (PTO) in addition to paid federal holidays.
- Student debt employer repayment program.
- 401(k) retirement plan with a 6% match.
- The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.
We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.
SUMMARY
he Credit Analyst II is responsible for evaluating and underwriting commercial credits including Commercial Real Estate (CRE), Commercial and Industrial (C&I), Hospitality, Municipalities and a variety of other commercial credit types. This role involves gathering, analyzing, and interpreting personal and business financial statements, projections, and internal/external reports to assess creditworthiness, repayment capacity, and compliance with bank policies and federal regulations. This position partners closely with Commercial Relationship Managers to support new and existing loan relationships, emphasizing credit quality, risk mitigation, and portfolio performance.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Reads, reviews, and understands various financial statements to include but not limited to; tax returns, balance sheets, profit and loss statements, agings, borrowing base certificates, debt schedules, equipment lists, credit bureau reports, rent rolls, lease agreements, and appraisals.
Prepares financial spreads for various types of commercial and real estate businesses, municipalities, non-profits, and individuals acting as direct obligation borrowers or guarantors.
Analyzes credit worthiness of commercial applicants and guarantors as appropriate by reviewing the loan application, spreading historical and projection based financial statements, calculating cash flows, leverage, and liquidity ratios, evaluating collateral, conducting research on the borrower(s) and key industries, and identifying risks.
Analyzes findings and authors a comprehensive report of analysis using a mix of data analysis (charts, formulas, graphs, etc.) and written narrative.
Evaluates credit quality and suggests proper risk rating based on analysis of most recent financial information.
Possesses proficiency relative to credit transactions and analytical skills sufficient to enable independent underwriting of commercial requests for streamlined to complex requests with limited guidance from immediate manager.
Ensures compliance to applicable regulations and keeps up-to-date with changes in federal regulations and FIB credit policy requirements.
Assists the Relationship Manager in the preparation of reports for quarterly monitoring of classified and criticized commercial relationships.
Completes financial performance metric covenant testing utilizing prepared financial spreads.
Participates in a quality control program that provides for the monthly review of general forms, spreads, and analysis with the provision of feedback and mentoring.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
KNOWLEDGE, SKILLS AND ABILITIES
Strong organization and time management skills.
Excellent written and verbal skills.
Able to develop and maintain internal and external relationships with individuals such as Relationship Managers, Credit Officers, and Risk Management Personnel.
Able to work in a fast-paced environment, set priorities, and establish and meet strict deadlines with the flexibility to adapt quickly to changing priorities.
Self-motivated and possess the ability to assist with credit risk decisions.
Strong analytical and problem-solving skills, as well as an attention to detail.
Able to prioritize and work with others in an integrated way to achieve individual objectives and team results with flexibility to adapt to changing volumes, requirements, and areas of focus.
Proficiency with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint.
Able to acclimate quickly to other programs.
Experience with financial spread software.
EDUCATION AND/OR EXPERIENCE
High School Diploma General Education Degree (GED) required
Bachelor's Degree in Business, Finance, or related field preferred
4-6 years of banking experience and/or equivalent combination of education and experience required and
Commercial banking experience preferred
PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.
Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
Lifting - Occasionally (up to 10 lbs)
Sitting - Frequently
Overtime - Subject to business need
Noise Level - Moderate
Typical Work Hours - M-F (8-5)
Regular and Predictable Attendance - Required
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
Skills Required
- Bachelor's degree in Business, Finance, or a related field
- Alternatively, 7–9 years of banking experience or an equivalent combination of education and experience
- 1–3 years of experience in a similar position
- Commercial banking experience
- Proficiency with Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint
- Experience with financial spread software
- Strong analytical, problem-solving, organizational, and time-management skills
- Excellent written and verbal communication skills
- Ability to analyze financial statements, cash flows, creditworthiness, collateral, and risk
- Ability to work independently, meet strict deadlines, adapt to changing priorities, and collaborate with relationship managers and risk personnel
First Interstate Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about First Interstate and has not been reviewed or approved by First Interstate.
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Retirement Support — A dollar-for-dollar 401(k) match and clear plan features indicate strong, reliable retirement benefits. Complementary financial programs such as student-debt assistance further bolster long-term savings support.
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Parental & Family Support — Parental and caregiver leave alongside a childcare assistance program provide tangible support for families. These offerings are presented as core elements of the total package.
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Leave & Time Off Breadth — Generous PTO, multiple paid holidays, and distinct leave buckets (e.g., jury duty, bereavement) point to broad time-off coverage. Accrual structures and the ability to take time off can vary by role, team, or location.
First Interstate Insights
What We Do
First Interstate is a community bank that delivers best-in-class banking and Wealth Management services throughout Arizona, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oregon, South Dakota, Washington, and Wyoming. Headquartered in Billings, Montana, First Interstate is driven by strong values, with a focus on supporting the communities we serve through the financial services we provide as well as through volunteerism and philanthropy
