Credit Analyst

Beacon Bank; Springfield (MA); On-site; USD 52,000 - 90,000; Full time

Job summary

Beacon Bank in Springfield, MA is seeking a commercial credit professional to analyze and underwrite credit requests for a portfolio of customers. You will rely on applications, financial statements, and market data to assess risk under the supervision of lending officers.

The role requires a bachelor’s degree and at least two years of commercial credit experience, with strong communication and policy knowledge. Excellent Excel/Word/Access skills and compliance awareness are essential.

Qualifications

• Bachelor’s degree in relevant field.
• Minimum of 2 years of commercial credit experience.
• Proficient in PC applications including Excel, Word and Access.
• Familiar with compliance requirements and underwriting standards.

Responsibilities

• Analyze and underwrite credit requests using applications, spreads, financials, tax returns, credit bureaus, and meetings.
• Ensure requests comply with bank policy and note exceptions.
• Discuss deal structure, cash flow, collateral, and customer character with Relationship Managers.
• Accompany RM on customer calls and interact with customers in person and over the phone as directed.
• Interact with CPAs, CFOs, and other professionals to assist underwriting.
• Present written analysis and observe lender presentations.
• Conduct market surveys and research as needed.
• Manage portfolio with annual reviews and update tracking database.
• Identify potential problem loans and deficiencies.
• Assist customers with questions regarding loans and retail products.

Skills

Communication skills

PC applications

Credit policy & underwriting

Compliance requirements

Education

Bachelor’s degree in relevant field

Tools

Excel

Word

Access

Job description

Division: Commercial

Department: Portf & Credit Admin

Reports to: Head of Portfolio & Credit Administration

Status: Exempt

Grade: 9E

Pay Range: $52,000-$90,498

Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location: Springfield, MA - 19 Harrison Ave or Glastonbury, CT - 7 Sycamore St

Purpose/Objective

To analyze and underwrite credit requests for Bank prospects and customers and to maintain and monitor loans within the portfolio under the supervision of lending officers.

Key Accountabilities

• Analyze and underwrite credit requests in a timely fashion by using some or all of the following resources: applications, spreads, financial statements, tax returns, credit bureaus, meetings with customers/prospects, appraisals, web research and other resources as necessary.
• Determine if request is in compliance with Bank policy and note any exceptions.
• Discuss deal structure, cash flow, collateral, and customer character with Relationship Managers (RM).
• Accompany RM on customer calls and interact with customers in person and over the phone as directed by lender.
• Interact with financial professionals including CPA’s, CFO’s, etc. as needed to assist in the underwriting of credit memos.
• Present written analysis and observe presentations by lenders.
• Conducts market surveys through contact with brokers, online research, etc.
• Manage existing portfolio of customers by tracking and preparing annual reviews of relationship obligations.
• Maintain tracking database with updated information as needed.
• Identify potential problem loans and deficiencies.
• Assist customers when needed with questions regarding loans and retail products.

Education

• Bachelor’s degree in relevant field

Experience

• Minimum of (2) two years of commercial credit experience

Skills & Knowledge

• Excellent written and oral communication skills
• Extensive knowledge of PC applications, including Excel, Word and Access
• Be well versed in the Bank’s credit policy and underwriting standards
• Be familiar with and fulfill compliance requirements

Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at [e-mail].