Credit Analyst I

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• Posted on July 29, 2026

Showing 1 location

Melville, NY 11747, USA

• On-site
• Full-Time
• Requisition #: CREDI
  002301

Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank and a leader in wealth, lending, and deposit solutions. We provide a broad range of sought-after products and services designed to help our clients establish, maintain, and grow their legacy through an innovative approach to private banking.

What makes Peapack Private different from our competition? As an institution with over 100 years of history, we have always believed in putting the well-being and needs of our employees and clients first. We are proud to be recognized by American Bankerfor the eighth consecutive year as one of the nation’s “Best Banks to Work For.” Our secret sauce, in a word, is our culture.

We value a diverse, equitable, inclusive, and safe workplace. Our one-team culture goes to great lengths to show all employees that they are valued members of the organization. We treat one another like family and communicate across the Bank in a transparent and frequent manner, respect and consider feedback from all levels, and operate with a philosophy grounded in hospitality and genuine human kindness.

There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador sub-committees (focused on Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness), to participating in community service activities through our Volunteerism outreach, to joining LIFT (Leading Inspiring Females Together), a committee focused on enriching the lives of women. Simply put, our culture is amazing.

Position Summary

Support the credit underwriting and portfolio management functions for the underwriting teams. Responsible for spreading and analyzing a variety of financial statements; learn to analyze financial data, assess creditworthiness, quarterly/annual reviews to ensure compliance with financial covenant requirements as well as accuracy of loan rating. The ideal candidate is detail-oriented, analytical, and eager to develop in a commercial banking environment.

Responsibilities

• Spread and learn to analyze business and guarantor financial statements, rent rolls, income & expense statements, accounts receivable and accounts payable agings, and basic projection modeling to determine financial health and repayment capacity.
• Assist underwriters and private bankers in preparing detailed credit memos for new and existing commercial loan requests.
• Evaluate borrower creditworthiness, industry risks, collateral adequacy and loan structures in accordance with bank policies.
• Conduct ongoing monitoring of assigned loan portfolios, including annual reviews, covenant monitoring, risk rating, and identifying potential credit issues.
• Prepare applicable charts/ratios in the preparation of written credit analysis used in both reviews and approval memos.
• Attend meetings with underwriters and bankers, as necessary, to discuss credit loan proposals being contemplated by bankers and underwriters.
• Work with Portfolio Manager and underwriter to ensure that the receipt of financial reporting, covenant compliance and borrowing base information is properly recorded in the bank’s loan origination system, maintain accurate credit files and support internal and external audit reviews.
• Work closely with commercial private bankers, loan operations, and credit administration.
• Operate with agility and adaptability
  , responding effectively to changing priorities and business needs
• Demonstrate curiosity and a learning mindset
  , continuously seeking to improve and grow
• Utilize AI and technology tools responsibly to enhance productivity and decision-making
• Show ownership and critical thinking
  , using sound judgment to solve problems and deliver results
• Deliver white-glove hospitality
  , providing thoughtful, proactive, and…