Credit Analyst

Deerwood Bank

. Participate in the commercial banking process by providing research and analysis to support Business Bankers in underwriting decisions .

Posted 11/5/2026full-timeBaxter • Minnesota • United StatesMid-LevelSenior💰 $55,000 - $75,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in credit analysis, financial statement evaluation, and risk assessment while effectively collaborating with Business Bankers and managing complex financial data. Proficient in preparing credit approval presentations and ensuring compliance with regulatory requirements.

Highest-signal resume keywords

Credit AnalysisFinancial Statement EvaluationRisk AssessmentMicrosoft Office SuiteGAAP Understanding

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Financial AnalysisCash Flow AnalysisCredit Approval PresentationsFinancial ProjectionsCovenant Compliance MonitoringData AnalysisLoan Parameter UnderstandingSBA 504 and 7(a) LoansTechnical Report WritingFinancial Spreadsheet Software

Soft Skills

Interpersonal SkillsAttention to DetailPersonal MotivationTeam CollaborationEffective Communication

Tools & Technologies

AI ToolsFinancial Software

Certifications & Qualifications

Formal Credit/Cash Flow Analysis Training

Industry Keywords

Commercial BankingRegulatory ComplianceFinancial Risk ManagementBusiness BankingEconomic Analysis

About the role

Key responsibilities & impact

Participate in the commercial banking process by providing research and analysis to support Business Bankers in underwriting decisions
Spread and analyze interim and year-end financial statements, borrowing base certificates, personal financial statements and tax returns
Prepare credit approval presentations
Perform business and guarantor cash flow analysis and financial projections as necessary
Prepare written commercial loan analyses identifying major trends and issues
Identify credit risks and make informed analysis and suggestions to lenders
Process and distribute client and prospect financial information accurately, timely and consistently
Monitor loan covenants and reporting requirements
Check covenant compliance as annual and interim financial statements are received and spread
Coordinate month-end reporting with other staff
Analyze increasingly complex companies and industries and assume more responsibility for credit approval presentations
Learn SBA 504 and 7(a) loan parameters and risk mitigation techniques and programs such as USDA
Suggest improvements to the Chief Credit Officer regarding use of data and resources for risk analysis
Create efficiencies using AI and other technological tools
Assist the Chief Credit Officer with reporting to credit committees or the Board of Directors as needed
Perform other duties as assigned
Meet regulatory and statutory requirements
Exercise moderate independent judgment regarding financial risk, collateral risk, advance rates and customer service issues
Manage workload with nominal direction according to organizational and departmental priorities

Requirements

What you’ll need

College degree in business, accounting, finance or comparable employment experience
Formal credit/cash flow analysis training
Well-developed credit analysis and analytical skills
Strong interpersonal skills with demonstrated excellence in working effectively as an individual and as part of a team
Strong personal motivation and attention to detail
Understanding of economics, finance, accounting, financial statements and GAAP
Ability to discuss financial and collateral issues with Business Bankers and customers
Ability to independently prioritize work, multi-task and meet deadlines
Excellent written, verbal and analytical skills
Effective technical report writing skills
Strong computer skills with experience with Microsoft Office Suite and financial spread sheet software
Must work Monday–Friday, 8:00am–5:00pm

Benefits

Comp & perks

Medical insurance, including virtual telemedicine and mental health counseling
Health Savings Account
Flexible Spending Account (health, limited purpose health, and dependent care)
Dental insurance
Vision insurance
Life insurance (basic and voluntary)
Short-term disability insurance
Long-term disability insurance
Long-term care insurance
Adoption Assistance Program
Employee Assistance Program
PTO
Paid Volunteer Time Off
Paid holidays
401(k) with company match (eligible on the first of the month following 2 months of employment)
Financial wellness education
Free or reduced fees for banking products and services
Employee Referral Bonus