Full-Time

Credit Analyst 2

Posted on 8/19/2025

Busey Bank

Busey Bank

501-1,000 employees

Community bank offering deposits and loans

Compensation Overview

$53.6k - $72.3k/yr

+ Bonus + Incentives

Hoffman Estates, IL, USA + 2 more

More locations: Carmel, IN, USA | Fort Myers, FL, USA

In Person

Position is open to all locations within Busey's footprint.

Category
Finance & Banking (1)
Requirements
  • Strong oral and written communication skills
  • Proficiency in Microsoft Office Suite
  • Knowledge of financial accounting
  • Ability to prioritize work flow, multi-task and work independently
  • Ability to analyze and solve problems
  • Ability to take independent action within established guidelines
  • Ability to perform duties under frequent time pressures with a high degree of accuracy and attention to detail
  • Requires Bachelor’s degree with a concentration in Business or Finance
  • Requires 2 - 3 or more years of Commercial Credit experience
  • Requires knowledge of Microsoft Office
Responsibilities
  • Financial statement spreading and analysis, including calculation of Debt Service Coverage or Fixed Charge Coverage Ratios per Busey guidelines.
  • Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals.
  • Perform file reviews of assigned requests to ensure complete information, communicating with loan team to discuss missing information, applicable questions and any loan structure suggestions or concerns.
  • Work with Commercial Relationship Managers or other Lending staff to prepare clear and concise Commercial Credit Approval Request (CCAR) memos that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of the Borrower.
  • Evaluate collateral, industry data and other relevant credit information.
  • Assist with Portfolio Management duties to include testing financial covenants, monitoring monthly borrowing base reports, preparing portfolio reviews and sensitive asset reports, as assigned.
  • Assist Commercial Relationship Managers with the preparation of opportunity memos for new and existing relationships.
  • Develop a working knowledge of the Commercial Banking Loan Policy and systems, including nCino.
  • Assist with other duties or special projects as assigned.

Busey Bank is a community-focused bank offering deposits, loans, and digital banking for individuals and local businesses. Customers place funds in deposits, which the bank uses to fund loans and other services, accessible through branches, ATMs, and online platforms. It differentiates itself through its long-standing community ties and a growth strategy that includes acquisitions, such as the 2025 purchase of CrossFirst Bankshares, to broaden its geographic reach while keeping local decision-making. Its goal is to support communities with reliable financial services and steady growth that strengthens its ability to serve customers across its expanded footprint.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Champaign, Illinois

Founded

1868

Simplify Jobs

Simplify's Take

What believers are saying

  • Q4 2025 revenue hit $200.2 million, up 71% year-on-year, beating estimates.
  • CrossFirst deal bolsters commercial banking in high-growth metro markets like Denver.
  • May 14, 2025 depositary share offering strengthens capital post-$917 million acquisition.

What critics are saying

  • CrossFirst integration fails due to cultural clashes, eroding 3.7% net interest margin in 6-12 months.
  • Wintrust poaches Chicago clients, stripping 10-15% of $18 billion deposits in 12-18 months.
  • FIRSTech loses 20% non-interest revenue to Block and Toast dominance in 18-24 months.

What makes Busey Bank unique

  • Busey Bank founded in 1868 maintains conservative banking practices unmatched by peers.
  • Over 97% core deposits and 75% FDIC-insured depositors place Busey in top quartile.
  • CrossFirst acquisition on March 1, 2025 expands to 77 locations across 10 states.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Company Match

Profit Sharing

Employee Stock Purchase Plan

Wellness Program

Mental Health Support

Phone/Internet Stipend

Home Office Stipend

Company News

Yahoo Finance
Jan 27th, 2026
First Busey beats Q4 estimates with $200M revenue, up 71% year-on-year

First Busey, a regional banking company, reported fourth-quarter revenue of $200.2 million, beating analyst estimates by 1.5% and marking 71.2% year-on-year growth. The company's non-GAAP earnings of $0.68 per share exceeded consensus estimates by 9.2%. Net interest income reached $157.6 million, slightly above the $156.3 million forecast, whilst net interest margin came in at 3.7%, matching expectations. Tangible book value per share was $20.23, surpassing estimates by 2.2%. The bank holding company, which traces its roots to 1868, provides commercial and retail banking services across Illinois, Missouri, Florida and Indiana. First Busey's revenue has grown at a 12.8% compounded annual rate over five years, with acceleration to 28.2% annualised growth over the past two years.

NFR Communications, Inc.
Aug 18th, 2025
Busey Bank opens second Denver location

Champaign, Ill.-based Busey Bank is expanding its footprint in Denver with the opening of a second branch.

GlobeNewswire
May 14th, 2025
First Busey Corporation Prices Depositary Share Offering

LEAWOOD, Kan., May 14, 2025 (GLOBE NEWSWIRE) -- First Busey Corporation (“Busey”) (Nasdaq: BUSE), the holding company for Busey Bank and CrossFirst Bank,...

Metro East Star
Mar 31st, 2025
Busey Bank Helps SIHF In Belleville Enhance Medical Services

Busey partnered with SIHF on this complex financing by providing multiple loans, including a federal NMTC leverage loan and a federal NMTC equity investment.

Investing.com
Mar 3rd, 2025
CrossFirst Bankshares Completes Merger with First Busey Corp

Michael J. Maddox has been appointed as Executive Vice Chairman of the Busey board and President of Busey, as well as CEO and President of Busey Bank.

INACTIVE