Commercial Credit Analyst II

Position Title: Commercial Credit Analyst II

Department: Credit Administration

Reports To: Commercial Credit Department Manager (or Senior Credit Analyst/Team Lead)

Supervises: N/A

FLSA Status: Exempt

Last Revised/Approved: March 2024

POSITION SUMMARY:

Analyze financial statements, business plans, credit reports and other relevant information of various business entities and individuals to determine the degree of risk involved in a requested or existing extension of credit. Prepare clear and concise reports using a variety of analytical tools for use in decision-making by Lending Officers, Senior Management, Loan Committees and the Board of Directors. The position will be responsible for providing the highest level of Customer Service, and adheres to the Bank’s Core Values, and Service Standards.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
• Prepare reports that assess the degree of risk involved in extending credit or lending money including more complex Business Borrowers and Commercial Real Estate transactions.
• Evaluate customer records and loan structures and risk ratings based on earnings, balance sheet strength, payment history, management quality, guarantor strength and quality of collateral.
• Complete Loan Presentations, Annual Reviews, Modifications of Loan Terms, including credit analyses and risk rating recommendations for submission to appropriate authority for approval, including individual officers, Senior Commercial Loan Officer, President, Management Loan Committee and/or Board of Directors.
• Understand and interpret Bank Regulations and Bank Policies to aid in compliance with and/or identification of exceptions.
• Actively participate in the Appraisal and Real Estate Evaluation, Ordering and Review Process and complete Real Estate Evaluations meeting regulatory requirements and all associated Bank Policies.
• Assists in generating Reports to be used by Management, Senior Management and the Board of Directors.
• Assists in preparing and assembling Loan Committee and Board Committee Packages.
• Documents Loan Committee Meeting Minutes, as needed.

NON-ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Perform other duties as assigned.

GENERAL EXPECTATIONS/COMPETENCIES:

• Demonstrated ability to work as part of a team.
• Be punctual for scheduled work and use time appropriately.
• Perform duties in a conscientious, cooperative manner.
• Perform required amount of work in a timely fashion with a minimum of errors.
• Be neat and maintain a professional appearance.
• Comply with all Bank policies and procedures, including BSA and Information Security policies.
• Maintain confidentiality and protect the Bank by keeping information concerning Bank operations and customer information confidential.
• Able to consistently treat others with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
• Strong commitment to achieving personal and team growth and success through an understanding and commitment to the Bank's sales culture goals.
• Must have proven communication and interpersonal skills.
• Proficient in Microsoft Word & Excel

PHYSICAL REQUIREMENTS:

The physical requirements described here are representative of those that must be met by the Incumbent to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee is frequently required to stand, walk and use hands to operate a standard computer keyboard. The employee may occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, and the ability to adjust focus.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those the incumbent encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Usual office conditions. Noise level is usually quiet.

QUALIFICATIONS NEEDED FOR POSITION:

Experience and Skill Requirements: The following experience and skills are considered essential:

• At least one year of Commercial Credit Underwriting Experience including Commercial and Industrial and Commercial Investment Real Estate Borrowers
• Knowledge of Banking Regulations including but not limited to Appraisal Requirements, Community Reinvestment Act, Fair Lending, Flood Insurance Requirements, Home Mortgage Disclosure Act and Truth in Lending.
• Excellent interpersonal and communication skills.
• Good organizational skills.

Education Requirements: The following education requirements are considered essential:

• Bachelor’s Degree (four-year college or university) preferably with concentration in Accounting, Economics, Finance or Business Administration.
• Commercial Banking Certificate Courses in areas of Cash Flow Analysis, Financial Statement Analysis, Commercial Loan Structuring and/or Appraisal & Evaluation Development & Review offered through Risk Management Association, Center for Financial Training, American Bankers Association, and New England School of Banking are preferred.

** All requirements and skills are considered to be essential, unless otherwise indicated. **

External and internal applicants, as well as position incumbents who become disabled as defined under the Americans With Disabilities Act, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis.

The job description does not constitute an employment agreement between the employer and the employee and is subject to change by the employer as the needs of the employer and requirements of the job change.