Credit Specialist Job at Commerce Bank

Commerce Bank Kansas City, MO

About Working at Commerce

Wouldn’t it be great to build your career at a bank that’s known for helping people with their financial challenges? That’s exactly what you’d be doing when you join the team at Commerce Bank. We’re looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You’d be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions.

No wonder we’ve been an industry leader for over 155 years and have developed a reputation as a great place to work in the financial services world. If you’d like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We’re always looking for the best and brightest.

About This Job

The Credit Specialist is responsible for analyzing commercial credits and preparing packets for loan committees. These packets are utilized by senior management for annual review of credit relationships, reaffirming loans due for renewal, and for approving new loans. The position reports to the KC Credit Supervisor and works directly with Relationship Managers in the Commercial line of business, including Commercial Banking, Business Banking, and Private Banking. The position provides an opportunity to learn credit analysis and an introduction to Commercial Banking.

The Kansas City Credit Department covers the KC Metro area and the western region for the bank. This includes Denver, Houston, Dallas, Oklahoma City, Tulsa and Wichita Commercial offices. This provides exposure to analysis of businesses in a wide spectrum of industries including manufacturing, healthcare, municipalities, real estate, and agriculture.

Essential Functions

  • Prepare credit packets
  • Research and understand loan documentation and various bank systems
  • Submit work for regular feedback and analysis
  • Prepare financial spreads and other credit related items as needed
  • Perform other duties as assigned

Knowledge, Skills & Abilities Required

  • Knowledge of basic financial concepts and financial statements
  • Understanding of financial statements and key financial ratios such as leverage and debt service coverage
  • Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
  • Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
  • Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
  • Intermediate level proficiency with Microsoft Word, Excel and Outlook

Education & Experience

  • Bachelor's Degree in a business related field, with a preference for majors in Finance or Accounting
  • 6 hours of Finance and 9 hours of Accounting, or equivalent experience

Location: 1000 Walnut St, Kansas City, Missouri 64106

Time Type:

Full time

Job Type: Full-time

Experience level:

  • 1 year

Physical setting:

  • Office

Schedule:

  • Monday to Friday

Ability to commute/relocate:

  • Kansas City, MO: Reliably commute or planning to relocate before starting work (Required)

Education:

  • Bachelor's (Preferred)

Experience:

  • Banking: 1 year (Preferred)
  • Customer service: 1 year (Preferred)

Work Location: One location




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