Position Summary
The Credit Monitoring Analyst II will successfully promote and support the mission of Busey Bank by providing extraordinary service to internal and external clients. Provide support in Credit Administration with the review and analysis of borrower/guarantor financial information.Duties & Responsibilities- Accurately calculate financial ratios and monitor Borrower’s covenants for compliance as outlined in loan documents.
- Effectively communicate all internal communication of the borrower’s performance and trend analysis to the appropriate parties.
- Completes Post Booking Reviews on commercial loans to ensure accuracy of loan documents as outlined in the approved credit memo and ensure internal tracking of covenants are accurately built for internal tracking purposes.
- Analyze and assess financial statements and credit history of existing and potential clients.
- Provide additional support to Credit Administration as it relates to special projects as assigned.
- Comply with all credit administration policies and procedures.
- Prepare ad hoc reports as requested.
- Provide back-up assistance to other team members at peak volume times. Back up duties will include but are not limited to spreading financial statements, reviewing, and analyzing Borrowing Base Certificates, and completing Vendor Reviews.
- Mentorship of less experienced Credit Monitoring Analysts to ensure workloads are distributed appropriately while managing the portfolio of risk.
- Complete Moody’s Credit Modules, as assigned.
- Maintain the highest level of confidentiality of all information.
- Create and maintain favorable relationships throughout the Bank, as well as with all existing clients, new clients, outside regulatory agencies and other related key resources.
- Comply with all Bank policies and procedures; support and uphold the Bank’s vision, values and mission.
- Interact with internal and external clients while providing extraordinary service.
- Develop and maintain trusted, positive relationships with employees, clients and vendors.
- Represent the Bank and Credit Administration team in a highly professional manner.
- Complete job assignments in a professional, timely and efficient manner; organize and prioritize work.
- Maintain confidentiality; adhere to Busey Bank policies and procedures; comply with laws, regulations and industry best practices.
- Reliable and predictable attendance; both onsite and remote.
Knowledge of:
- Strong oral, written and interpersonal communication skills
- Basic understanding of personal and business financial statements.
- Strong problem solving and analytical skills
Ability to:
- Read and comprehends credit write-ups and loan documentation
- Prioritize workflow, multi-task and work independently
- Perform duties under frequent time pressures with high degree of accuracy and attention to detail
Education and Training:
- Requires bachelor’s degree in Finance, accounting or business
- 1-2 years relevant work experience required
- Requires knowledge of Microsoft Office
Compensation and Benefits
Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.
(Base Pay Range: $47,000.00 - $63,000.00 /year)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.
Equal Opportunity
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.
Unsolicited Resumes
Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.
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What We Do
As of September 30, 2023, First Busey Corporation (Nasdaq: BUSE) was a $12.26 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary of First Busey Corporation, had total assets of $12.23 billion as of September 30, 2023, and is headquartered in Champaign, Illinois. Busey Bank currently has 46 banking centers serving Illinois, eight banking centers serving Missouri, three banking centers serving southwest Florida, and one banking center in Indianapolis, Indiana.
Through Busey’s Wealth Management division, the Company provides asset management, investment, and fiduciary services to individuals, businesses, and foundations. Assets under care totaled $11.55 billion as of September 30, 2023.
Busey Bank’s wholly-owned subsidiary, FirsTech, specializes in the evolving financial technology needs of small and medium-sized businesses, highly regulated enterprise industries, and financial institutions. FirsTech provides comprehensive and innovative payment technology solutions including online, mobile, and voice-recognition bill payments; money and data movement; merchant services; direct debit services; lockbox remittance processing for payments made by mail; and walk-in payments at retail agents. More information about FirsTech can be found at firstechpayments.com.
Busey Bank is honored to be named among America’s Best Banks by Forbes magazine for the second consecutive year. Ranked 26th overall in 2023, compared to 52nd in last year's rankings. Busey was named among DiversityInc’s Top Regional Companies. The DiversityInc Top 50 survey is the external validator for large U.S. employers that model fairness in their talent strategy, workplace and supplier diversity practices, and philanthropic engagement. We are honored to be consistently recognized nationally and locally for our engaged culture of integrity and commitment to community development.
For more information about us, visit busey.com.
