Commercial Lending Credit Analyst – On-Site in Provincetown

Ptownchamber; Massachusetts; On-site; USD 65,000 - 95,000; Full time

Job summary

Seamen’s Bank in Provincetown, MA seeks an in-person Credit Analyst for its Commercial Lending Team. The role focuses on credit analysis of new and existing loans, preparing memorandum, and ensuring proper risk ratings in compliance with bank policies and regulations.

The analyst will work with commercial lenders to assess credit risk, analyze financial statements and tax returns, and support portfolio growth while maintaining asset quality.

Qualifications

• Conduct in-depth analysis of company financial statements and tax returns to determine credit strengths and weaknesses.
• Prepare credit memorandum for loan requests, renewals, reviews, modifications, and extensions.
• Accurately identify loan policy exceptions and mitigating factors.
• Confer with the commercial team to ensure relationships are appropriately risk rated.

Responsibilities

• Conduct in-depth analysis of company financial statements and tax returns to determine credit strengths and weaknesses of existing and potential borrowers.
• Review, analyze and interpret credit reports, personal financial statements, and tax returns. Spread financial information utilizing financial statement spreading software.
• Prepare credit memorandum for new loan requests, renewals, reviews, modifications, and extensions.
• Accurately identify loan policy exceptions and mitigating factors.
• Confer with the commercial team to ensure relationships are appropriately risk rated.

Skills

Financial statement analysis

Tax return analysis

Credit risk assessment

Interest rate sensitivity analysis

Collateral valuation

Guarantor analysis

Relationship with commercial lenders

Tools

Financial statement spreading software

Job description

Seamen’s Bank in Provincetown, MA seeks an in-person Credit Analyst for its Commercial Lending Team. The role focuses on credit analysis of new and existing loans, preparing memorandum, and ensuring proper risk ratings in compliance with bank policies and regulations.

The analyst will work with commercial lenders to assess credit risk, analyze financial statements and tax returns, and support portfolio growth while maintaining asset quality.