Credit Analyst at Northeast Bank – Minneapolis, Minnesota

At Northeast Bank, we're not just bankers—we're relationship builders dedicated to helping our clients and community thrive. As an independent community bank, we take pride in delivering personalized financial solutions while creating a supportive, growth-oriented workplace for our employees. If you're someone who values meaningful work, collaboration, and a chance to make a real impact, we invite you to join our team and contribute to our mission of financial excellence and community success.

The Credit Analyst will conduct thorough credit analysis for a variety of customers and loan types, preparing written credit presentations and annual reviews. This role includes collaboration with lenders to complete loan files, active participation in loan committees, and monitoring high-risk relationships. The Credit Analyst is also responsible for quarterly reporting, covenant compliance tracking, and supporting loan committee operations.

• Credit Analysis & Reporting: Collaborate with lenders on credit presentations, annual reviews, and correspondence for loan committees, including comprehensive financial performance analysis and risk assessment. Identify and resolve areas of concern independently and attend client meetings as needed.
• Loan Monitoring: Track monthly borrowing bases, assess formula compliance, and update internal systems. Restrict borrower availability as warranted, notifying lenders.
• Committee Participation: Participate actively in loan committees, providing insights and resolving any outstanding questions.
• Quarterly High-Risk Reports: Prepare and review reports on higher-risk loan relationships, analyzing borrower repayment capacity, collateral valuation, and risk rating. Track and assess action plans for each relationship.
• Administrative Support: Assist with loan committee minutes, pipeline tracking, and other reporting as needed.

Qualifications

• Education: Bachelor's degree in Business Administration, Accounting, Finance, Economics, or related field; or an Associate degree with 2 years of relevant experience.
• Experience: Minimum of 1 year in Credit Analysis preferred; experience in banking, accounting, or finance will also be considered.
• Skills: Professional communication, high responsiveness, strong organizational and analytical skills, high computer literacy (Word, Excel, Outlook), ability to maintain confidentiality and accuracy in a fast-paced environment.

• Environment: Standard office environment.
• Remote Work: Up to 2 days per week after 90 days, depending on experience and performance.

Northeast Bank welcomes people of all races, religions, genders, physical abilities, backgrounds, etc. Our goal is to support all members of our community, whether they are customers or employees. Our employees have a sense of belonging due to the relationship building we do among our employees. We value each employee as an individual.

Northeast Bank is an Affirmative Action/Equal Opportunity/Vets/Disability Employer