Sr Commercial Credit Analyst III

*
* Title:

** Senior Commercial Credit Analyst III
** FLSA Status:
** Exempt
* * Employment Status:
** Full Time
** Department:
** Commercial Credit
*
* Location:

** Marlborough/Ayer/Hybrid Eligible
*
* Reports To:

** VP Commercial Credit Manager
** Date Prepared:
** August 20, 2023
** Human Resources Review:
August
** 23, 2023

Reviewed/Updated:
September 25, 2026
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* SUMMARY:

** Reporting to VP Commercial Credit Manager, this position performs independent analysis for new commercial loan requests and performs independent reviews of existing commercial lending relationships of a variety of sizes, but primarily of a large and complex nature. Identifies and succinctly summarizes underlying risks, identifying key strengths and weaknesses, and providing a recommended risk rating and an alternative structure, when necessary, while noting any deviations from Commercial Loan Policy as appropriate.  

Meets with commercial loan officers independently to discuss issues and ask questions.  May provide day-to-day mentoring or support of lower-level analysts. Additionally, it is expected that this position will assist department management with the oversight of the entire commercial portfolio and/or entire loan portfolio and will work on projects that affect the department and the bank as a whole.  Other critical areas include assisting with the ongoing development, maintenance and preparation of pertinent tools and reports for various commercial/other workflows (i.e., Application, underwriting, relationship review, ALLL and other), and general portfolio management and monitoring.  

Acts as a resource for other members of the Commercial team and embraces the established sales and service culture to maximize their contribution to the Bank’s goals.

After successful completion of training and proven abilities, this position is eligible for a hybrid work arrangement, consistent availability is expected during core business hours and agreed upon number of days per-month on site.
*
* ESSENTIAL DUTIES and RESPONSIBILITIES:

*** The requirements listed are representative of the knowledge, skill, and/or ability required.
** In the performance of respective tasks and duties, the employee is expected to successfully perform quality work within deadlines with or without supervision, interact professionally with other employees, customers and suppliers; work effectively as a team contributor on all assignments and work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.
** Performs quality underwriting for commercial loan relationship requests in accordance with Commercial Lending regulations, policies, and procedures, particularly those of a more complex nature or those with a greater level of exposure.
* Independently prepares and also may review work of others of the in-depth written analyses for relationships of all sizes and all levels of complexity.
* Reviews numerous types of financial and other documents and conducts various research to prepare written analysis, spreadsheets, reports, summaries and opinions.
* Performs in-depth financial analyses and projections, including “what-if” scenarios that test the reasonableness of projections provided and/or constructs predictive performance for stress testing using automated and/or manual analytical tools and techniques.
* May develop new tools and techniques for particularly complex, and/or unique credit relationships.
* Proactively and independently discusses and influences lenders and others involved in the lending process regarding covenants, conditions, alternative structures, modifications, overall assessments, action plans and turnaround requirements.
* Participates in customer meetings as…