What are the responsibilities and job description for the Senior Commercial Credit Analyst position at Savings Bank of Danbury?
About the Organization
We are people serving people. Established in 1849, Ives Bank is a full-service community bank rooted in history and positioned for the future. We provide a full array of deposit, savings, and lending services for individuals and businesses. Through modern banking technology, our customers can access to their accounts and manage their money anytime, on the go. We are committed to employing highly-motivated people who value customer care, professionalism, and team success.
EOE Statement
Ives Bank is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
Position
Senior Commercial Credit Analyst
Full-Time / Part-Time
Full-Time
Description
The Senior Credit Analyst is responsible for investigation and analysis of the financial condition of commercial borrowers.
Key responsibilities include meeting / exceeding quality evaluations, maintaining a high level of service quality, producing accurate reporting to lenders and document prep area, and follow lending policies and guidelines. Duties include managing a team of credit analysts / underwriters to produce a timely and high-quality credit approval memorandum, adhering to the Bank's credit policies and procedures.
Primary Duties :
- Responsible for underwriting the more complicated commercial loan requests and for providing leadership, support and guidance to the underwriting team.
- Provide review of new credits, all existing commercial loans and lines of credit, including loan renewals and modifications, as part of an ongoing loan review program.
- Prepare Credit Approval Memorandums consisting of thorough analysis of new and renewing commercial loans as well as annual reviews for presentation to appropriate credit approval authority.
- Produce spreadsheets, reports, summaries and opinions for commercial banking officers.
- Spread and analyze financial statements and tax returns.
- Provide technical advice and assistance to commercial loan officers and other staff members as needed.
- Assist in the due diligence process as needed to close commercial loans.
- Communicate with borrowers, accountants, management and bank staff as necessary for credit investigations.
- Make recommendations for appropriate risk ratings.
- Perform other loan review assignments as required.
- Produce reports as required for management, loan officers and / or committees.
- Provide internal review of all related appraisals.
Position Requirements
Educational and experience requirements include :
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Hours Per Week
None Specified
This position is currently accepting applications.
