OVERVIEW:

Performs credit analysis on assigned accounts handled by the commercial loan department in conformance with established policies, procedures and objectives.

PRIMARY ACCOUNTABILITIES / RESPONSIBILITIES:

Performs any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers.

• Prepares analysis on moderate to complex commercial credit requests. Spreads and makes interpretative analysis of financial statements and prepares memorandum for use in loan decisioning. Makes risk rating recommendations and prepares Risk Rating Cards.
• Prepares Credit Review on existing relationships with the objective of maintaining a current, complete body of review of the commercial loan portfolio. Spreads and makes interpretative analysis of updated financial statements and other information received on existing relationships. Reports on overall credit quality and makes an updated assessment of financial condition. Makes updated risk rating recommendations.
• Assists in spreading of financial statements and maintenance of financial statement tracking to ensure that database is current. May also assist in quality control audit of financial documents.
• As needed, may prepare agenda and reports for Executive Loan Committee meetings and upload agenda and reports onto web portal for viewing by committee members and staff.
• As needed, may prepare and distribute a variety of recurring reports for use in the monitoring and administration of the commercial loan portfolio.
• May attend customer calls as appropriate, new money, larger, more complex relationships, new relationships, high credit risk relationships, etc.

POSITION REQUIREMENTS:

• Bachelor’s degree with specialization in accounting, finance, or business administration.
• Two to five years’ experience in commercial credit analysis including operational experience with financial statement and economic analysis and credit administration.
• Strong analytical, communication, grammatical writing, and organizational skills with an attention to detail and an efficiency in handling multiple priorities.
• Advanced personal computer and MS Office knowledge with working knowledge of commercial loan origination, underwriting, documentation, and management software systems.
• Competency in written and spoken English language.
• Knowledge of banking rules and regulations and common compliance issues.

An Affirmative Action/Equal Opportunity Employer of protected veterans and individuals with disabilities. Applicants for employment are considered without regard to race, creed, color, religion, sex, gender identity, sexual orientation, marital status, genetic information, national origin, age, disability, status as a veteran, Vietnam Era Veteran, or being a member of the Reserves or National Guard. Also, it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.