Commercial Credit Analyst & Portfolio Underwriter

Socket.dev; Springfield (MA); On-site; USD 52,000 - 90,000; Full time

Job summary

Beacon Bank is seeking a Credit Analyst to analyze and underwrite credit requests for Bank prospects and customers. You will work with lending officers to maintain and monitor loans within the portfolio and ensure compliance with policy.

The role requires a Bachelor’s degree and at least two years of commercial credit experience, plus strong written and verbal communication skills and proficiency in Excel, Word, and Access. Based in Springfield, MA or Glastonbury, CT with on-site work.

Qualifications

• Bachelor's degree in relevant field
• Minimum of 2 years commercial credit experience
• Excellent written and oral communication skills
• Extensive knowledge of PC applications including Excel, Word and Access
• Familiar with bank credit policy and underwriting standards

Responsibilities

• Analyze and underwrite credit requests using applications, spreads, financial statements, and other sources.
• Determine compliance with bank policy and note any exceptions.
• Discuss deal structure, cash flow, collateral, and customer character with Relationship Managers.
• Join RM on customer calls and interact with customers in person or by phone as directed.
• Coordinate with CPAs, CFOs, and other financial professionals to assist in underwriting memos.
• Present written analysis and observe lender presentations.
• Conduct market surveys through brokers and online research.
• Manage portfolio and prepare annual reviews of relationship obligations.
• Maintain tracking database with updated information.

Skills

Excellent communication

Credit underwriter knowledge

Relationship management

Education

Bachelor's degree

Tools

Excel

Word

Access

Job description

Beacon Bank is seeking a Credit Analyst to analyze and underwrite credit requests for Bank prospects and customers. You will work with lending officers to maintain and monitor loans within the portfolio and ensure compliance with policy.

The role requires a Bachelor’s degree and at least two years of commercial credit experience, plus strong written and verbal communication skills and proficiency in Excel, Word, and Access. Based in Springfield, MA or Glastonbury, CT with on-site work.