Credit Officer

Camden National Bank; Portland (OR); On-site; USD 79,000 - 117,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Paid holidays

401(k)

Tuition reimbursement

Wellness program

Job summary

Camden National Bank is seeking a Credit Officer to lead project teams and mentor junior analysts, with authority to influence loan decisions in a collaborative bank environment.

You will analyze financials, prepare memoranda, and monitor risk across commercial and CRE portfolios, while supporting process improvements and staff development in a community-focused bank.

Qualifications

• Equivalent to a four-year college degree.
• Competency in financial accounting.
• Minimum five years related work experience.

Responsibilities

• Spread and analyze financial statements on new commercial and CRE loans.
• Utilize loan origination system to assess risk and decision loan requests.
• Prepare Commercial Offering Memoranda using LO system, Excel and Word.
• Periodically review updated financial statements to confirm risk ratings.
• Discuss credit weaknesses with Lender or Director of Credit Administration.
• Make risk rating recommendations as appropriate.
• Stay informed on regulatory guidelines and bank policies.
• Train other members of the Credit Department or partners.
• Maintain open communication and generate pipeline reports.

Skills

Written communication

Oral communication

Interpersonal skills

Independent work

Problem solving

Time management

Education

Four-year degree

Business Administration degree

Job description

Live here. Play here. Bank here. Work here.

If you’re looking to build your career at a forward-thinking organization with deep community roots and a vision for growth, success, and giving back, you’ve come to the right place.

Get to know us:

• We’re your local community bank—and have been since 1875—that is committed to providing excellent customer service and giving back to our communities.
• We foster a collaborative, inclusive work environment as part of a close-knit team where your voice is valued and heard.
• Our highly engaged employees are rewarded for their performance and have ample opportunities for cross‑training and advancement within the organization.
• We’ve been named one of the best places to work in Maine, and offer robust benefits focused on your holistic well‑being.

Position Summary:

The Credit Officer position provides an opportunity to work independently in your choice of geographic locations in Maine or New Hampshire, but with the support of a close‑knit team. You will have the opportunity to make a difference by leading project teams or implementing process improvements. In addition, Credit Officers at the bank are responsible for coaching and mentoring junior analysts and trainees. Top performers have the ability to obtain commercial loan approval authority and are encouraged to develop a career path that supports both professional and bank goals.

Essential Duties and Responsibilities:

• Using the Bank’s loan origination system, spread and thoroughly analyze financial statements and supporting documentation on new commercial and commercial real estate loans.
• Where applicable, utilize automated decision‑making functions within the loan origination system to assess risk and decision loan requests.
• Prepare Commercial Offering Memoranda using the loan origination system, Excel spread sheets and Word documents, to support the loan decision‑making process.
• Periodically review and analyze updated financial statements and supporting documentation to confirm the risk rating on existing commercial and commercial real estate loans.
• Discuss perceived credit weaknesses or potential credit problems with the Lender, other Credit Officers or Director of Credit Administration.
• Make risk rating recommendations as appropriate.
• Remain well‑informed and up‑to‑date on regulatory guidelines and Bank policies.
• Assist in training of other members of the Credit Department or business line partners.
• Maintain open communication channels between Credit, Lenders and Management by updating workflows and generating pipeline reports, using these tools to maintain transparency throughout the underwriting process.
• When appropriate, accompany Lenders to meet with customers and prospects.
• As required participate in, or lead, a commercial credit‑related project.
• Develop expertise in specialty areas of commercial credit analysis and provide guidance to other analysts in these areas.

Basic Qualifications

• Equivalent to a four‑year college degree.
• Competency in financial accounting.
• Minimum five years related work experience.

Preferred Qualifications:

• College degree in Business Administration or a related field

Skills and Abilities:

• Strong written and oral communication skills, including the ability to translate complicated financial metrics into a concise assessment of risk
• Interpersonal skills, such as coaching, mentoring and negotiating
• Ability to work independently with minimal guidance
• Ability to solve complex issues with minimal guidance
• Ability to work effectively at a fast pace with competing interests and due dates

Supervisory Skills:

• N/A

Career Path and Job Family:

• Commercial Portfolio Manager
• Commercial Lender
• Special Assets Officer

The statements contained herein reflect general details as necessary to describe the principle functions for this job, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all‑inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or to equalize peak work periods to balance workloads.

We encourage candidates to consult with their Talent Partner throughout the recruiting process to better understand how their experience aligns with the role, as well as details on compensation and our total rewards offerings. The prospective range of pay we will offer to a successful applicant to this position is $78,550.00-$116,800.00, which represents a good faith estimate of what we expect to offer at the time of posting based on the role’s responsibilities, level and location. Actual starting salary will be determined by the Bank in the Bank’s discretion, and shall depend on the applicant’s experience, skills, education, certifications, as well as other relevant business conditions. Final offers will reflect these considerations and may vary accordingly.

Our comprehensive total rewards package offers something for everyone!

• Robust medical, dental, and vision insurance packages
• Generous time off, including paid federal holidays and paid day off for your birthday
• 401(k) retirement savings plan
• Tuition reimbursement, professional development, and career growth opportunities
• Employee assistance program
• Comprehensive wellness program

We are guided and inspired by our Core Values

• Honesty and Integrity above all else
• Trust built on fairness
• Service that creates remarkable experiences
• Responsibility to use our resources for the greater good
• Excellence through hard work and lifelong learning
• Diversity realized through inclusion and respect

Equal Opportunity Employer

Employment with Camden National is on an at‑will basis, meaning employment is not guaranteed for any specific period of time, and any employment relationship established may be terminated by either party at any time, for any reason, with or without notice. Completion of an employment application is not a contract, express or implied, guaranteeing employment. Camden National Bank is an Equal Opportunity Employer and does not discriminate on the grounds of race, color, religion, sex, sexual orientation, including gender identity and gender expression, national origin, citizenship status, age, disability, genetic information or veteran status.

Learn more about why employees love working at Camden National Bank!