Senior Commercial Credit Analyst

Job Summary

The Senior Credit Analyst will assist and support the Commercial Banking team by compiling and analyzing financial statements, business plans, credit reports and other relevant information of various business entities and individuals to determine the degree of risk involved in requested or existing extensions of credit, including highly complex transactions. The position will independently prepare clear and concise reports using a variety of analytical tools for use in decision‑making by Commercial Banking Officers, senior management, Loan committees and the Board of Directors.

Job Type: Full‑time

• Department: Commercial Credit
• Reports to: Commercial Credit Team Lead;
  Commercial Credit Dept Manager
• FLSA Status: Exempt
• Last Modified: 12.31.24

The Senior Credit Analyst will assist and support the Commercial Banking team by compiling and analyzing financial statements, business plans, credit reports and other relevant information of various business entities and individuals to determine the degree of risk involved in requested or existing extensions of credit, including highly complex transactions. The position will independently prepare clear and concise reports using a variety of analytical tools for use in decision‑making by Commercial Banking Officers, senior management, Loan committees and the Board of Directors.

• Independently 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, status reports, and modifications of loan terms, including credit analyses and risk rating recommendations for submission to appropriate authority for approval for transactions of varying complexity.
• Understand and interpret bank regulations and policies to aid in compliance with and/or identification of exceptions.
• 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 packages.
• Documents Loan Committee meeting minutes, as needed.
• Provides the highest level of customer service, adheres to the Bank’s Core Values, and Service Promise.
• Performs other duties as assigned.

• Bachelor’s Degree preferably with concentration in Accounting, Economics, Finance or Business Administration and three or more years of prior experience in commercial credit; or an equivalent combination of education and experience.
• 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.
• Superior 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 written and oral communication skills with the ability to engage in successful analytical conversation and accurately and precisely document analysis and recommendations.
• Proficiency in MSWord, PowerPoint, and Excel; ability to learn Bank technology.
• Outstanding internal and external customer focus.

• Prolonged periods working at a computer.
• Handling of light materials and supplies (up to 15 pounds) on occasion.
• Work spaces are generally comfortable and pleasant.
• Periodic travel may be required.