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First Merchants
First Merchants

111 First Merchants Bank Jobs Hiring Near You

FIRST MERCHANTS

Collateral Analyst

Columbus, OH

First Merchants Bank is seeking a Collateral Analyst to join our team! This position will perform collateral monitoring tasks, and operational tasks while assisting with the timely and accurate risk ...

FIRST MERCHANTS

Senior Contract Analyst

Columbus, OH

$66K - $80K/yr

First Merchants Bank is seeking a Senior Contract Analyst to join our team! This position will assist the Director, Corporate Contract and Procurement in the administration, oversight, and delivery ...

FIRST MERCHANTS

Manager SBL Closing

Columbus, OH

$13.75 - $18/hr

First Merchants Bank is seeking a Manager, SBL Closing to join our team! This position will manage, coach, mentor and lead the closing team plus will serve as liaison to accounting, boarding, vendor ...

First Merchants Bank

Collateral Analyst

Columbus, OH

First Merchants Bank is seeking a Collateral Analyst to join our team! This position will perform collateral monitoring tasks, and operational tasks while assisting with the timely and accurate risk ...

First Merchants Bank

Collateral Analyst

Columbus, OH

First Merchants Bank is seeking a Collateral Analyst to join our team! This position will perform collateral monitoring tasks, and operational tasks while assisting with the timely and accurate risk ...

First Merchants Bank

Senior Contract Analyst

Columbus, OH · On-site

$66K - $80K/yr

First Merchants Bank is seeking a Senior Contract Analyst to join our team! This position will assist the Director, Corporate Contract and Procurement in the administration, oversight, and delivery ...

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First Merchants Jobs Information

Do workers at First Merchants Bank get paid breaks?

Sometimes. Only some people get paid breaks.
43% of people say they don’t get paid breaks.
Based on data from 14 people who took the Breakroom Quiz between November 2024 and June 2026.

Does First Merchants Bank pay people when they’re sick?

Yes. Most people get paid when they’re sick.
88% of people say they would get paid if they were sick but scheduled to work.
Based on data from 16 people who took the Breakroom Quiz between November 2024 and June 2026.

Do workers at First Merchants Bank worry about hours?

Most people don’t worry about getting enough hours.
92% of people report they don’t worry about getting enough hours.
Based on data from 12 people who took the Breakroom Quiz between November 2024 and September 2025.

How easy is it to get time off at First Merchants Bank?

Most people find it easy to get time off.
87% of people report it’s easy to get time off.
Based on data from 15 people who took the Breakroom Quiz between November 2024 and June 2026.

Do First Merchants Bank managers change schedules at the last minute?

Most managers don’t change people’s schedules at the last minute.
83% of people say their manager doesn’t change their shift schedule at the last minute.
Based on data from 12 people who took the Breakroom Quiz between November 2024 and September 2025.

Do jobs at First Merchants Bank spill into time workers aren’t paid for?

Rarely. The job doesn't usually spill into unpaid time.
8% of people report that their job takes up time that they don’t get paid for.
Based on data from 12 people who took the Breakroom Quiz between November 2024 and September 2025.

How easy is it to take sick days at First Merchants Bank?

Most people find it easy to take sick days.
82% of people report that it’s easy to take time off if they are sick.
Based on data from 17 people who took the Breakroom Quiz between November 2024 and June 2026.

Is working at First Merchants Bank good if you’re a parent or caregiver?

Most parents and caregivers say this is a good place to work.
91% of people who care for a child or other relative report this is a good place to work.
Based on data from 11 people who took the Breakroom Quiz between November 2024 and June 2026.

Do people at First Merchants Bank feel treated with respect by their managers?

Most people feel treated with respect by their managers.
75% of people say they’re treated with respect by their managers.
Based on data from 16 people who took the Breakroom Quiz between November 2024 and June 2026.

Do people at First Merchants Bank get to take their breaks without interruption?

Most people get breaks without interruption.
83% of people report that they get to take their breaks without interruption.
Based on data from 12 people who took the Breakroom Quiz between December 2024 and June 2026.

Is it stressful to work at First Merchants Bank?

Some people feel stressed out here.
63% of people say they often feel stressed out at work.
Based on data from 16 people who took the Breakroom Quiz between November 2024 and June 2026.

Do people at First Merchants Bank enjoy their jobs?

Most people enjoy their job.
69% of people report they enjoy their job.
Based on data from 13 people who took the Breakroom Quiz between November 2024 and June 2026.

Do people at First Merchants Bank recommend working with their team?

Only some people recommend working with their team.
59% of people report that they wouldn’t recommend working with their immediate team to a friend.
Based on data from 17 people who took the Breakroom Quiz between November 2024 and June 2026.

Do people get enough training when they start at First Merchants Bank?

Some people didn’t get enough training when they started.
44% of people report they didn’t get enough training when they started working here.
Based on data from 16 people who took the Breakroom Quiz between November 2024 and June 2026.

Do people get support to advance at First Merchants Bank?

Only some people are given support to advance their career here.
In the last year, 44% of people report not being given support to advance their career here.
Based on data from 16 people who took the Breakroom Quiz between December 2024 and June 2026.

Do people think First Merchants Bank’s headquarters understands what’s happening where they work?

Most people think headquarters doesn’t understand what’s happening where they work.
88% of people think that this employer’s headquarters or owners don’t have a good understanding of what’s really happening where they work.
Based on data from 16 people who took the Breakroom Quiz between November 2024 and June 2026.

Do workers feel well informed about how First Merchants Bank is doing?

Only some people feel well informed about how the company is doing.
40% of people feel that they aren’t kept well informed about how the company is doing as a whole.
Based on data from 15 people who took the Breakroom Quiz between December 2024 and June 2026.
What are the most popular cities for First Merchants Bank jobs?
Collateral Analyst

Collateral Analyst

FIRST MERCHANTS

Columbus, OH

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 8 days ago

First Merchants Bank rating

8.0

Company rating: 8.0 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

54th of 141 rated banks

Job description

First Merchants Bank is seeking a Collateral Analyst to join our team! This position will perform collateral monitoring tasks, and operational tasks while assisting with the timely and accurate risk grading of the commercial banking portfolio.

As part of this role you will: 

  • Complete accurate, unbiased collateral analyses within required timelines and according to standards.
  • Complete collateral monitoring functions for designated portfolio including:
    • Review of borrowing base requirements detailed within the Credit Decision Summary prior to or commensurate with loan closing.
    • Provide the Commercial Lending Team with borrowing base templates for Client use with on-going monitoring requirements as approved in the CDS and documented in the credit agreement.
    • Establish and maintain Client profiles within the borrowing base monitoring software.
    • Confirm appropriate ticklers are set up within the Bank’s core system for monitoring the receipt of required financial reporting documents for borrowing base reporting.
    • Assist the Commercial Lending Team with the collection of necessary Financial Reporting Documents for the completion of borrowing base testing.
    • Ensure the timely and accurate filing of all borrowing base reports and supporting documentation in the bank’s imaging system.
    • Assist the Client and Commercial Lending Team with modifications to borrowing base submission and reporting process to ensure compliance detailed within the credit agreement.
    • Validate the calculation of eligible collateral related to borrowing base reporting by analyzing accounts receivable agings, accounts payable agings, perpetual inventory reports, and other supplied information as appropriate.
    • Identify and communicate deteriorating liquidity and over-advance issues found during borrowing base testing to department management.
    • Update borrower loan availability in Bank’s core system.
    • Interface with clients as needed for questions and resolution of issues on draws and availability.
    • Maintain the Regional Borrowing Base Utilization Report.
    • Provide collateral trend reporting and analysis as requested.
    • Review real estate appraisals and evaluations as needed.
  • Reconcile borrowing base to credit agreement.
  • Attend and participate in loan committees as requested.

In order to be successful, we require the following: 

  • Bachelor's degree. 

The following would be a plus: 

  • Bachelor’s degree (or completion within current semester) in accounting, finance, or business.
  • Prior Asset Based Lending or Collateral Monitoring experience
  • Proficient use of MS Office products including Word, Outlook and Excel.
  • Adobe Acrobat experience and the ability to learn job-related software. 

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!

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