Senior Associate

As part of this role you will:

1. Prepare and provide analytics in support to the commercial sales team.




1. Interface with client, gather credit and financial information.
2. Pre-screen and analyze pertinent financial data and Commercial Decision Summary underwriting data.
3. Prepare Opportunity Memos.




2. Assist with completion of annual review and loan covenant/trigger testing.




1. Ensure clients are in compliance with all covenants (financial and otherwise).




3. Conduct client meetings with Relationship Manager to develop client relationships.
4. Support portfolio management, assist with loss prevention, identify risk and work delinquent loans up to 30 days.
5. Extend credit within assigned limits.
6. Support Relationship Managers with Treasury/cash management needs and solutions.
7. Monitor loan maturity dates within the portfolio and recommend renewal strategy with the Relationship Manager.
8. Utilize bank reporting tools to ensure progress is documented and tracked, and prepare various scheduled management reports.
9. Monitor portfolio performance ensuring accuracy of credit ratings and identifying client performance, as need by region.
10. Partner with the commercial sales team and support prospecting strategies.
11. Be cognizant of developing geographic and industry trends, and communicate findings.




1. Assist relationship managers to price transaction fairly with market data and against benchmarks.




12. Assist with projects and developing new or refining existing efficiencies and processes as required.
13. Prepare and present Annual Credit Reviews to committees.
14. Actively Participate in client interaction in support of Relationship Manager or Treasury Officer efforts.
15. Review and understand credit agreements and all supporting documentation related to the relationship.

In addition to the above, the Senior Associate maybe responsible for one of the specializations below:

Investment Real Estate Banking

1. Direct accountability for loss prevention; determine necessary action to be taken on all loans, includes resolving marginal and delinquent loans.
2. Extend credit within assigned limits to commercial customers.




1. Interview applicants and obtain information concerning their business needs, abilities and earnings, and assess credit risk.
2. Review, validate and/or approve letters of credit.
3. Cross sell opportunities.




3. Coordinate all construction loan draws with clients and direct submission process with internal construction loan administration desk.
4. Support RMs in preparation of quarterly PLU's.

To be successful in this position, we require the following:

• Bachelor's degree.
• Experience as an Associate with First Merchants or a minimum of two (2) years of credit analyst, financial analyst, or commercial banking experience.

The following would be a plus:

• Bachelor's degree in business, finance, economics, accounting or related field.
• Industry specialization - commercial and industrial, investment real estate, agriculture, dental, veterinarian, corporate or commercial client exposure.
• Financial statement review, decision and/or financial modeling experience.
• One (1) or more years of experience as an Associate with First Merchants.

The following would be a plus:

• Prior banking experience.
• Ability to sell and cross-sell bank products and services.

First Merchants offers the following:

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!