Credit Review Analyst

Northern Bank; Woburn (MA); On-site; USD 65,000 - 75,000; Full time

Job summary

Northern Bank is seeking a Credit Review Analyst in the Credit Department to review commercial loan writeups (C&I, Real Estate and Specialty) for accuracy and to recommend qualitative, technical, and structural edits to presentations.

You will develop a strong understanding of all aspects of commercial credit analysis, apply strong analytical and quantitative skills, and ensure compliance with bank policies while identifying data discrepancies and improving the quality of underwriting materials.

Qualifications

• Bachelor's degree in finance, economics, accounting, or related quantitative field.
• Strong analytical and mathematical skills with attention to detail.
• Ability to multitask, prioritize, and adapt in a changing environment.
• Ability to collaborate with peers across groups.
• Experience identifying data discrepancies preferred.

Responsibilities

• Identify errors in financial/Tax return analysis, loan structure, and incomplete parts of analysis
• Evaluate budgets, rental rolls, property valuations, and profitability analyses for Real Estate
• Evaluate underlying assumptions or adjustments to develop future cash flows
• Determine whether risk factors are addressed by mitigants
• Provide correct analyses, suggestions, and language for presentations after review
• Ensure compliance with bank and loan policies

Skills

Financial analysis

Critical thinking

Attention to detail

Multitasking

Collaboration

Data discrepancies

Education

Bachelor's degree in finance/economics/accounting

Job description

Summary/Objective:

In this role, within the Credit Department, the Credit Review Analyst will review commercial loan writeups (including C&I, Real Estate and Specialty) to ensure accuracy and help to make recommendations for qualitative, technical and structural edits to the presentations. The role requires the analyst to have fundamental knowledge of financial statements, critical analytical skills, and a quantitative skillset. In this role, you will develop a strong understanding of all aspects of commercial credit analysis.

Key Responsibilities:

• Identify any errors in financial/Tax return analysis, loan structure, and incomplete parts of analysis
• Evaluate the accuracy and validity of construction budgets, rental rolls, property valuations and profitability analyses for Real Estate
• Evaluate the appropriateness of any underlying assumptions or adjustments made by the underwriter to develop the future cash flows analysis
• Determine whether the stated risk factors are adequately addressed by the mitigants
• After thorough review/evaluation, the Credit Review Analyst provides the correct analyses, suggestions, and additional support/language to be included in the presentation
• Ensure compliance with Bank and loan policies

Job Qualifications:

• Strong academic background with bachelor’s degree in finance, economics, accounting, or other related quantitative fields
• Strong critical analysis, math skills, and attention to detail required
• Ability to multi-task, prioritize work, and adapt to changes in working environment required
• Ability to collaborate effectively with peers in various groups
• Ability to identify discrepancies in data and analyses
• Related work/internship experience preferred

The annual salary range for the Credit Review Analyst is $65,000 - $75,000 per year.

About Northern Bank & Trust Company

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit www.NBTC.com or follow Northern Bank on Facebook (/NorthernBankM A/), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company/northern-bank-ma/).