Credit Analyst II

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Commercial Regular Full time Spencer, MA, US

3 days ago Requisition

Salary Range: $80,000.00 To $85,000.00 Annually

Cornerstone Bank was established in 2017, built on a legacy of community support and a commitment to helping individuals and businesses thrive. With deep roots in Worcester County and a strong presence throughout Central Massachusetts, Cornerstone combines the strength of a traditional bank with the personalized service of a local institution. Our community-based banking model allows us to deliver exceptional service with a personal touch—every time.

At Cornerstone Bank, we foster a collaborative and inclusive workplace where innovation, teamwork, accountability, and excellence are more than just values—they’re how we work every day. We empower our employees to grow professionally, serve their communities, and deliver outstanding customer experiences.

Job Summary

We are seeking a detail-oriented and analytical Credit Analyst II to support our Commercial Lending team. In this role, you will evaluate new and existing commercial credit relationships, analyze financial statements, assess repayment capacity and risk, and prepare credit recommendations to support sound lending decisions. The Credit Analyst II works closely with commercial lenders and credit leadership, monitors portfolio performance, assists with loan presentations, and ensures compliance with bank policies and regulatory requirements.

This position is ideal for a banking professional with strong commercial credit analysis skills, a solid understanding of financial statement analysis, and a commitment to delivering exceptional service to both internal and external customers. Through independent analysis of increasingly complex lending relationships, the Credit Analyst II plays a key role in maintaining the quality and growth of the Bank's commercial loan portfolio.

Essential Duties and Responsibilities:

• Conduct comprehensive credit analysis for new and existing commercial lending relationships, including financial statement spreading, risk assessment, and preparation of written credit memoranda to support lending decisions.
• Review and analyze annual financial statements, identifying trends and changes in financial performance, repayment capacity, and overall creditworthiness of existing borrowers.
• Perform credit evaluations for increasingly complex commercial relationships, providing sound recommendations based on financial, industry, and collateral analysis.
• Serve as a resource for commercial customer inquiries, verification requests, and other credit-related matters, delivering timely and professional support.
• Maintain accurate and complete credit files by ensuring appraisals, financial information, and supporting documentation are current and compliant with established requirements.
• Assist in the preparation and presentation of loan approval packages for Commercial Loan Officers, Executive Management, and Board Loan Committee meetings.
• Ensure all credit activities are conducted in accordance with Bank policies, regulatory requirements, and sound risk management practices.
• Apply strong analytical, communication, and relationship management skills to effectively collaborate with lending personnel and other internal stakeholders.
• Provide mentorship, guidance, and system training to Credit Analyst I team members, supporting their professional development and departmental effectiveness.
• Participate in department initiatives and complete special projects as assigned by the Credit Manager.
• Other related requests as assigned by the manager.

Skills Required:

• St…