Credit Analyst IV - C&I

Provident Bank; Town of Carmel (NY); On-site; USD 108,000 - 154,000; Full time

Benefits offered by this job

PTO

Health and Wellness benefits

Tuition Disbursement and Loan Repaymen

Job summary

Provident Bank is seeking a Credit Analyst IV – C&I to lead complex commercial credit underwriting. The role involves structuring large credits, analyzing cash flows, and ensuring documentation meets policy. You will work with loan officers on calls and assist in deal structuring for sophisticated transactions.

The position requires extensive experience in underwriting, risk analysis, and regulatory guidance, with opportunities to mentor junior analysts and contribute to department initiatives.

Qualifications

• Bachelor’s degree in finance, accounting or economics with credit training or banking education.
• 7+ years in commercial banking with strong underwriting and regulatory knowledge.
• Ability to mentor analysts and lead complex credit reviews.

Responsibilities

• Prepare loan approvals, annual reviews and credit analyses for new and existing loans.
• Join calls with Commercial Loan Officers and discuss creditworthiness.
• Conduct third-party research and real estate market assessments.
• Supervise, mentor and develop junior analysts when needed.
• Support vendor management and special department projects.

Skills

Credit analysis

Underwriting

Risk assessment

Financial modeling

MS Excel

Education

Bachelor’s degree in finance, Accounting or Economics

Graduate banking education

Tools

Loan origination software

MS Office

Job description

POSITION SUMMARY:

The Credit Analyst IV – C&I is a senior underwriting role within the Commercial Credit Underwriting C&I Regional Department, responsible for analyzing and structuring complex commercial credit relationships with the highest levels of exposure. This position requires advanced expertise in credit and risk analysis, credit structuring, regulatory requirements, and documentation, along with the ability to exercise independent judgment in accordance with established Underwriting Guidelines and Credit Policy.

In this role, the Credit Analyst IV partners closely with Commercial Loan Officers, including participating in customer calls and supporting deal structuring for sophisticated transactions. The position handles highly complex credit requests, including larger transactions and credits requiring Executive Leadership and Credit Committee approval (Authority Levels 8 and 9).

Beyond core underwriting responsibilities, the Credit Analyst IV plays a key leadership role by mentoring and training less experienced analysts and contributing to broader department initiatives such as vendor management, reporting, and special projects. This role is critical to supporting sound credit decisions, relationship management, and the overall effectiveness of the Commercial Credit function.

KEY RESPONSIBILITIES:

• Prepare loan approvals, annual reviews and conduct and credit analysis for new requests, in addition to modifications and short term extension of existing loans.
• Accompany Commercial Loan Officers on customer and prospect calls. Participate in discussions with management regarding creditworthiness of proposed loan requests.
• Conduct third party research, inclusive of industry reports, personal credit reports, real estate analysis with market assessments, etc.
• Prepares reports and handles special assignments
• Assists in 3rd party vendor management responsibilities
• Subject to business needs may have supervisory and mentorship responsibilities for junior Credit Analysts.

MINIMUM QUALIFICATIONS :

• Bachelor’s degree in finance, Accounting or Economics.
• Formal credit training or higher banking education (i.e. Graduate School of Banking, Stonier, etc).
• 7 or more years in Commercial Banking.
• Thorough knowledge of underwriting, credit analysis, commercial loan structure, and regulatory guidance.
• Strong analytical skills with ability to identify strengths and mitigate risks.
• Strong knowledge of commercial real estate lending, inclusive of investment, owner-occupied and some construction.
• Proficient in Commercial & Industrial lending including debt service coverage, cash flow, A/R and A/P, WIP, Borrowing Base Certificates, and construction budgets.
• Strong computer skills, inclusive of experience with loan origination software and MS Office applications (specifically MS Word and Excel).
• Strong verbal and written communication.
• Ability to prioritize multiple projects and complete them on time.
• Ability to conduct meetings, meet with customers, effectively present information and respond to questions from peers, auditors and various levels of management.
• Strong comprehension of accounting practices, inclusive of balance sheets, income statements, equity reconciliation, and cash flows.
• Credit underwriting confidence for the ability to mentor and train Credit Analyst III.
• Under some supervision, ability to correspond, manage, and in certain cases negotiate with 3rd party vendors.

PREFERRED QUALIFICATIONS:

• MBA
• Certification in Credit Risk or Credit Management preferred.

WORKING CONDITIONS

Work is mainly performed in a normal office environment. Noise levels usually are moderate.

• Prolonged sitting
• Lifting from 5 to 10 lbs. (printer paper, storage boxes)
• Occasional bending or overhead lifting (storing files or boxes)
• The hazards are mainly those present in a normal office setting.

This job description may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.

Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

Pay Details:

$107,800 - $154,000 annually

Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs.

This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.

Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank’s Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.