Commercial Credit Analyst — Drive Loan Quality & Growth

Seamen's Bank; Massachusetts; On-site; USD 48,326 - 60,421; Full time

Benefits offered by this job

401(k)

401(k) 4% Match

Health insurance

Dental insurance

Paid time off

Job summary

Seamen's Bank is looking for a Credit Analyst in Massachusetts to support the Commercial Loan Department. The role involves analyzing financial statements and credit reports to determine creditworthiness, preparing loan approval memorandums, and ensuring compliance with bank policies.

The ideal candidate should have a Bachelor's degree with accounting or finance coursework and 2-4 years of relevant experience. This position is pivotal in managing credit risk and maintaining asset quality while offering competitive pay and excellent benefits.

Qualifications

• Bachelor’s degree with at least 18 credit hours in accounting/finance required.
• 2-4 years of bank-related experience or equivalent education and experience.

Responsibilities

• Conduct detailed analysis of financial statements and credit reports.
• Prepare credit memorandums for loan requests, renewals, and modifications.
• Identify loan policy exceptions and mitigating factors.

Skills

Attention to detail

Organizational skills

Analytical abilities

Interpersonal skills

Proficiency in Excel

Education

Bachelor’s degree with accounting/finance courses

Job description

Seamen's Bank is looking for a Credit Analyst in Massachusetts to support the Commercial Loan Department. The role involves analyzing financial statements and credit reports to determine creditworthiness, preparing loan approval memorandums, and ensuring compliance with bank policies.

The ideal candidate should have a Bachelor's degree with accounting or finance coursework and 2-4 years of relevant experience. This position is pivotal in managing credit risk and maintaining asset quality while offering competitive pay and excellent benefits.