Commercial Credit Analyst: Drive Risk & Growth

Seamen's Bank; Massachusetts; On-site; USD 70,000 - 100,000; Full time

Job summary

Seamen’s Bank, headquartered on the Outer Cape in Provincetown, Massachusetts, seeks a Credit Analyst to support the Commercial Loan Department's goals in revenue growth, asset quality, and compliance.

The role collaborates with commercial lenders to analyze borrower financials, prepare loan memos, assess risk, and verify appropriate risk ratings while adhering to bank policies and regulatory requirements.

Qualifications

• Bachelor’s degree with at least 18 accounting/finance credits and 2–4 years banking experience.
• Ability to read, analyze, and interpret financial statements and tax returns.
• Ability to write reports and business correspondence.
• Strong verbal communication and problem-solving skills.
• Proficient with Excel and banking credit tools.

Responsibilities

• Conduct in-depth analysis of company financial statements and tax returns for credit decisions.
• Review credit reports and tax returns; spread financials with software.
• Prepare credit memoranda for loan requests, renewals, and extensions.
• Identify policy exceptions and mitigating factors.
• Collaborate with commercial lenders to ensure accurate risk rating.
• Utilize loan portfolio systems for documentation and renewals.
• Coordinate with staff to obtain missing financial information.
• Request current financials annually for lines of credit and larger relationships.
• Assist with administration of the commercial loan portfolio.
• Support in-house real estate evaluations and regulatory compliance.

Skills

Detail-oriented

Financial analysis

Report writing

Verbal communication

Analytical thinking

Multitasking

Confidentiality

Excel

Commercial LOS

Education

Bachelor's degree with accounting/finance credits

Tools

Excel

Commercial LOS

Job description

Seamen’s Bank, headquartered on the Outer Cape in Provincetown, Massachusetts, seeks a Credit Analyst to support the Commercial Loan Department's goals in revenue growth, asset quality, and compliance.

The role collaborates with commercial lenders to analyze borrower financials, prepare loan memos, assess risk, and verify appropriate risk ratings while adhering to bank policies and regulatory requirements.