Mercantile Bank is looking to hire full-time Credit Analysts for our Commercial Lending teams throughout the state. Are you ready to launch your career in banking, sales or finance and ready to work with a supportive organization that listens? Receive the best Commercial Credit training in the state and be part of a team that is on track to become future leaders in banking.
This position earns a competitive starting salary with many career paths and advancement opportunities. To our full-time employees, We offer excellent benefits, including medical, dental, vision, a flexible spending account (FSA), 3 weeks of paid vacation, life insurance, a 401(k) with a match at 100% up to the first 5% of your contribution, discounted bank services, tuition reimbursement, adoption assistance, bonus plans, flexible working arrangements and more! We have beautiful workspaces with sit-to-stand desks, open spaces to collaborate with others, and close mentors.
ABOUT MERCANTILE BANK
Founded in 1997 with the firm belief that our customers, employees, and communities are best served by financial institutions with local ties, we have a strong and extensive commercial and retail banking presence in Michigan. We work together to solve problems and are leaders in the industry when it comes to innovative products. As a community bank, we are able to offer products that are tailored to meet the unique needs of our local customers.
We hire people who are able to connect, listen, and deliver the best solutions to our customers and communicate with integrity every time. Our employees are actively involved in the communities we serve. We get that they spend almost as much time at work as they do at home, so they need an environment where they can thrive and reach their full potential. We get that feeling valued, accepted, and respected is key. We are committed to attracting and retaining the best talent in the markets we serve. We have been named one of "West Michigan's 101 best and brightest companies to work for."
A DAY IN THE LIFE OF A CREDIT ANALYST
You will start your career as a Credit Analyst with a group of other energetic college graduates who are ready to start their banking career, like you. Your first 6-8 weeks will be filled with extensive commercial credit training in Grand Rapids, MI. After your training is complete you will begin to use your new knowledge and analytical abilities to conduct thorough assessments of client financial information. You will figure out how companies make money by examining crucial factors such as cash flow, collateral, and guarantor support. As an excellent communicator with stellar written and presentation skills, you will prepare a write-up and present your findings to our managers and lenders, paying particular attention to a borrower's ability to repay. Your insightful evaluation is invaluable to our lending team and helps them decide whether to invest bank capital with a particular borrower.
Each credit request presents a different set of challenges that you will take the initiative to quickly learn to address as you accept more and more complex requests. You are determined to grow into a trusted advisor and sales leader for your clients and the bank. The team at Mercantile is committed to seeing each team member grow through interactions with mentors and co-workers.
QUALIFICATIONS FOR A CREDIT ANALYST
- Bachelor's degree in business, preferably in finance or accounting.
- College GPA of 3.2, 3.5 or higher preferred.
- Previous internship experience in business or finance is preferred.
Do you enjoy learning how companies make money? Are you ambitious and eager to learn? Does a career in a Sales orientated position appeal to you? Do you pride yourself on sticking to a task until it's complete? Are you attentive to detail? Do you take initiative? Are you mathematically and analytically minded? If yes, you might just be perfect for this position!
WORK SCHEDULE
As a full-time Credit Analyst, you will typically work from 8 am - 5 pm, but more hours may be needed for extra study or for putting your best foot forward.
