Credit Analyst

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

Job summary

Beacon Bank in Worcester, MA is seeking a credit analyst to underwrite loan requests for prospects and customers under lending officer supervision. The role involves evaluating financial data, collateral, and cash flow to ensure compliance with bank policy.

You will collaborate with Relationship Managers, engage with CPAs and CFOs, and contribute to annual portfolio reviews while maintaining accurate tracking records.

Qualifications

• Bachelor’s degree required.
• Minimum of 2 years of commercial credit experience.
• Excellent written and oral communication skills.
• Extensive knowledge of PC applications (Excel, Word, Access) and credit policy understanding.

Responsibilities

• Analyze and underwrite credit requests using applications, spreads, financial statements, tax returns, credit bureaus, and client meetings.
• Determine compliance 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 by phone as directed.
• Interact with CPAs, CFOs, and other professionals to support underwriting memos.
• Present written analysis and observe lender presentations.
• Conduct market surveys through brokers and online research.
• Manage existing portfolio with annual reviews and update tracking databases.
• Identify potential problem loans and deficiencies and assist customers with loan questions.

Skills

Communication

Excel/Word/Access

Credit policy

Compliance

Education

Bachelor's degree

Tools

Excel

Word

Access

Job description

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: Worcester, MA

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] .

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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] .

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