Commercial Credit Analyst Opportunities throughout Pennsylvania

Provident Bank; Plymouth (Luzerne County); On-site; USD 70,000 - 110,000; Full time

Job summary

Provident Bank is seeking experienced Credit Analysts for their Commercial Credit Underwriting team. The role involves detailed credit analysis and vendor management, requiring independent judgment and collaboration with loan officers. Ideal candidates should possess strong analytical skills and a bachelor's degree in finance or a related field. This position offers opportunities for mentorship and professional development in a revered banking institution.

Qualifications

• 3-10 years of experience in Commercial Banking required.
• Thorough knowledge of underwriting and credit analysis.
• Strong ability to prioritize multiple projects.

Responsibilities

• Prepare loan approvals and conduct analysis for new requests.
• Participate in customer and prospect calls.
• Conduct industry and credit research.

Skills

Credit analysis

Analytical skills

Communication

Vendor management

Education

Bachelor’s degree in Finance, Accounting, or Economics

MBA preferred

Formal credit training

Tools

MS Office

Loan origination software

Job description

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Commercial Credit Analyst Opportunities throughout Pennsylvania

Provident Bank is seeking experienced Credit Analysts to join our growing team!

Come learn why we are the Premier Super Community Bank!

How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania, and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employees’ experience.

POSITION SUMMARY:

As a Credit Analyst, you will be responsible for detailed research and credit analysis of complex credit requests in the Commercial Credit Underwriting C&I Regional Department. The incumbent is expected to have comprehensive knowledge of credit & risk analysis, credit rules, structuring of credits, regulations, and documentation, with the ability to exercise independent judgment within established Underwriting Guidelines and Credit Policy. You will work with and assist Commercial Loan Officers on customer calls and deal structuring. Leadership in training less experienced staff and handling more complex assignments will be expected. The role also involves responsibilities outside of credit analysis, such as vendor management, reporting, and special projects.

KEY RESPONSIBILITIES:

• Prepare loan approvals, annual reviews, and conduct credit analysis for new requests, modifications, and short-term extensions of existing loans.
• Participate in customer and prospect calls with Commercial Loan Officers.
• Conduct third-party research, including industry reports, credit reports, and real estate analysis.
• Prepare reports and handle special assignments.
• Assist in third-party vendor management responsibilities.
• Potential supervisory and mentorship responsibilities for junior Credit Analysts.

MINIMUM QUALIFICATIONS:

• Bachelor’s degree in Finance, Accounting, or Economics; MBA preferred.
• Formal credit training or higher banking education (e.g., Graduate School of Banking, Stonier).
• 3-10 years of experience in Commercial Banking.
• Thorough knowledge of underwriting, credit analysis, commercial loan structure, and regulations.
• Strong analytical skills to identify strengths and mitigate risks.
• Knowledge of commercial real estate lending, including investment, owner-occupied, and construction.
• Proficiency in Commercial & Industrial lending, including debt service coverage, cash flow, and budgets.
• Strong computer skills, including loan origination software and MS Office.
• Excellent verbal and written communication skills.
• Ability to prioritize multiple projects and meet deadlines.
• Ability to conduct meetings, present information, and respond to questions effectively.
• Understanding of accounting practices, including balance sheets and cash flows.
• Ability to manage and negotiate with third-party vendors under supervision.

PREFERRED QUALIFICATIONS:

• Certification in Credit Risk or Credit Management.

WORKING CONDITIONS:

• Mainly performed in a normal office environment with moderate noise levels.
• Prolonged sitting, lifting 5-10 lbs, occasional bending or overhead lifting.

HAZARDS:

Standard office hazards only.

This job description may not be all-inclusive. Employees are expected to perform other duties as assigned and duties may be modified by management.

Provident Bank values diversity and is an equal opportunity employer. We consider all qualified applicants without regard to age, race, gender, disability, or other protected statuses.

About Provident Bank

Serving individuals, families, and businesses for over 180 years with personal and business banking services.

Volunteering is a Way of Life

Our commitment to community involves volunteerism and donations, with over $912,000 raised in 2022. We encourage employee involvement in meaningful community service.