Once accepted into the CBLDP, the program participants will develop a strong foundation in commercial banking and credit analysis through an accelerated technical, sales, and leadership curriculum. The Commercial Banking Analysts focus on enhancing skills by combining formal credit and sales training with hands-on business application.
Duties and Responsibilities
Credit Analyst Tasks:
Financial statement spreading and analysis, including calculation of Debt Service Coverage or Fixed Charge Coverage Ratios per Busey guidelines.
Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals.
Work with Commercial Relationship Managers or other Lending staff to prepare clear and concise Commercial Credit Approval Request (CCAR) memos that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of the Borrower.
Evaluate collateral, industry data and other relevant credit information.
Assist with Portfolio Management duties to include testing financial covenants, monitoring monthly borrowing base reports, preparing portfolio reviews and sensitive asset reports, as assigned.
Assist Commercial Relationship Managers with the preparation of opportunity memos for new and existing relationships.
Develop a working knowledge of the Commercial Banking Loan Policy and systems, including nCino.
Assist with other duties or special projects as assigned.
Program Activities and Tasks
Participate in all scheduled credit and sales training.
Periodically attend scheduled meetings with Bank customers.
Participate in rotations across all areas of the organization which include Commercial Banking, Wealth Management, Commercial Support, Retail, and Mortgage.
Participate in leadership development training sessions scheduled throughout the duration of the program.
Engage in volunteer activities and networking events within Busey's markets which provide exposure to community members, business leaders, and customers.
Learn from a mentor in the Commercial and/or Credit space for continued development
Paired with a leader in the Commercial and/or Credit space for continued development
Education and Training
Bachelor's Degree in Finance, Economics, Accounting or graduate with 1-3 years' experience in a business-related field.
Cumulative GPA of 3.4 or higher is preferred
Participation in community or school-based organizations or equivalent work experience
Flexibility to travel within Busey's markets including but not limited to: Indianapolis, Illinois, Missouri, and Florida
Strong oral and written communication skills
Strong sales and customer service skills
Multi-task and work independently
Analyze and interpret numerical data
Make independent and difficult decisions within parameters of the Bank's loan policies
EOE of Minorities, Females, Vets, Disability
Internal Number: COMME02449
As of June 30, 2019, First Busey Corporation (Nasdaq: BUSE) was a $9.61 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary with total assets of $7.66 billion as of June 30, 2019, is headquartered in Champaign, Illinois and has 44 banking centers serving Illinois, 13 banking centers in the St. Louis, Missouri metropolitan area, five banking centers serving southwest Florida and a banking center in Indianapolis, Indiana. Through the Busey Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $7.47 billion. Busey Bank owns a retail payment processing subsidiary, FirsTech, Inc., which processes approximately 28 million transactions per year using online bill payment, lockbox processing and walk-in payments at its 4,000 agent locations in 43 states. More information about FirsTech, Inc. can be found at firstechpayments.com.
Busey Bank was named among Forbes' 2019 Best-In-State Banks—one of five in Illinois and 173 from across the country, equivalent to 2.8% of all banks. ...Best-In-State Banks are awarded for exceptional customer experiences as determined by a survey sample of 25,000+ banking customers who rated banks on trust, terms and conditions, branch services, digital services and financial advice.
TheBANK of Edwardsville, a wholly-owned bank subsidiary of the Company with total assets of $1.95 billion as of June 30, 2019, is headquartered in Edwardsville, Illinois and has 19 banking centers. Through TheBANK of Edwardsville Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $1.50 billion.
For more information about us, visit busey.com and 4thebank.com.