Credit Analyst I
Cape Cod 5 · Leominster, Massachusetts, United States ·
Salary Grade:14
SUMMARY:
Identifies potential credit risks associated with new and existing commercial borrowers through the financial analysis process and works collaboratively with the Commercial Lenders to mitigate these risks.
ESSENTIAL JOB FUNCTIONS & RESPONSIBILITIES:
Credit Analysis
- Works collaboratively with the commercial lenders to provide an independent analysis of commercial borrowers in the identification and mitigation of potential credit risks; this process involves but is not limited to a thorough financial analysis, projecting cash flow and collateral evaluations
- Provides independent input in the process of risk rating commercial borrowers
- Responsible for annual review date tracking for commercial customers
- Distribute reviews to lenders and monitor follow up needed based on results of assessment of the third party loan review vendor
- Responsible for accurately completing credit analysis with basic levels of complexity
Credit Administration Duties
- Assists in the compilation of various reports for Loan Committee and the weekly distribution of the Loan Committee packages as needed
- Other duties as assigned
QUALIFICATIONS:
EDUCATION & CERTIFICATIONS: (Minimum education required to perform the duties of this position)
- Bachelor degree required; major in accounting or finance preferable
KNOWLEDGE, SKILLS & ABILITIES:
- One year of banking or business experience preferred
- Understanding of all Microsoft Office applications
- Ability to handle multiple priorities and significant workload
- Ability and willingness to produce high quantity and high quality work
COMPETENCIES:
- Must have cyber security awareness to protect the digital environment, the Bank, and customers.
- Problem Solving
- Verbal and Written Communication
- Critical Thinking Skills
- Adaptability
- Eager Learner
- Learning Agility