Credit Analyst
Bank Independent
Muscle Shoals, AL · Posted October 22, 2026
More in Alabama job market · Financial Services & Banking · Finance jobs
Pay compared with the market
This listing does not state pay. Across 218 open credit analyst listings that state pay, the middle half runs $62,500 to $82,500 and the median is $64,500.
Listed pay is what employers advertise, not what people are paid.
About the job
General Summary
This is NOT a remote position. This position is part of a collaborative team that meets in office 40 hours a week. It is located in Muscle Shoals, AL.
This position evaluates financial condition of current and prospective borrowers by reviewing financial statements and summarizes information into a format that enables management of the bank to make sound credit decisions and effectively manage banking relationships. This information is presented to various Credit Administration team members and lending authorities within the bank.
Essential Functions
Develop expertise in credit analysis by focusing on annual reviews and loan renewal requests that are below Board level of approval
Enter financial statements and related information into financial spreadsheet software to produce simple spreads, generate financial ratios, and create global cash flows
Analyze relevant credit data and financial statements by evaluating trends and key ratios to determine the degree of risk involved in extending credit
Work in conjunction with Sales Officer and Portfolio Manager to ensure that required financial statements and documents are received and underwriting is completed on a time-sensitive basis.
Prepare written analysis based on observations on all credits exceeding $500,000, at origination and annually
Report any deterioration of credits to management to maintain proper loan ratings
Working Conditions
Generally good, with little exposure to noise, extreme temperatures, dust or other adverse factors
Considerable effort and eyestrain from continued review of files and financial documents to complete analysis
Minimum Level of Preparation and Training
Bachelor of Science degree in Finance or Accounting preferred, but a degree in a related or applicable field will be considered along with experience in carrying out similar responsibilities
Required Skills, Knowledge and Abilities
Ability to read, analyze and interpret financial statements
Excellent oral and written communication skills
Proficient in Microsoft Office products, especially Excel
Ability to exercise sound judgment
Excellent time management skills
Excellent organizational skills
Works well in a team environment
Employees are required to perform other duties as assigned by management. Management reserves the right to change this job description as needed.