Credit Team Lead

River Run Services, LLC; Leominster (MA); Hybrid; USD 110,000 - 165,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

River Run Services, LLC is seeking a Credit Team Lead to supervise and develop a team of Credit Analysts, oversee workflow, onboarding, and training while updating underwriting processes and credit policies. The role may also underwrite transactions by analyzing financials and providing clear insights to decision-makers through collaboration with Credit and Lending teams.

The position follows a hybrid work model with three days onsite in Leominster, MA, and two days remote from home, supporting

Qualifications

• Bachelor's degree in finance, accounting, business, or related field; Master’s preferred.
• 7–10 years of commercial credit analysis or underwriting experience in banking.
• Strong knowledge of bank policies, procedures, and regulatory requirements.
• Expertise in cash flow analysis, loan policy, covenants, and compliance; able to train others.
• Clear and effective written and verbal communication skills.
• Proficient in spreadsheets, credit spreading tools, and loan systems.

Responsibilities

• Provide leadership to the Credit team and uphold the credit culture.
• Manage workflow, onboarding, and training; update underwriting processes.
• Underwrite transactions and provide clear credit insights to decision-makers.
• Collaborate with Credit, Lending, and Portfolio Managers across MHC banks.
• Identify portfolio issues and propose action plans or risk rating adjustments.
• Complete annual reviews and process new credit requests for commercial borrowers.
• Provide backup for appraisal, environmental documentation, reporting and related tasks.
• Support underwriting and portfolio monitoring for Commercial Lenders across the MHC.

Skills

Credit analysis

Team leadership

Underwriting

Cash flow analysis

Regulatory knowledge

Communication

Education

Bachelor's degree in finance, accounting, business, or related field

Master's degree preferred

Tools

Spreadsheets

Credit spreading tools

Loan systems

Job description

Description

River Run is a shared services organization that supports banking affiliates, Newburyport Bank, Pentucket Bank and Rollstone Bank & Trust.

The Credit Team Lead supervises and develops a team of Credit Analysts, overseeing workflow execution, onboarding, and training while implementing and communicating updates to underwriting processes and credit policies. May also underwrite transactions by analyzing financials and ensuring decision-makers receive clear, comprehensive credit insights through close collaboration with Credit and Lending teams.

This position follows a hybrid work model, with three days per week working onsite at our Leominster, MA office and two days per week working remotely from home.

Essential Job Functions

• Provides effective leadership and guidance to Credit team , fostering a collaborative and high-performance team environment while supporting the credit culture of MHC.
• Applies strong organizational skills to support the management of departmental and analyst workflow, ensuring that timing, content, and quality expectations are met.
• Executes key managerial responsibilities, including performance management, coaching, and mentoring to promote team development, ensuring alignment with MHC credit practices.
• Collaborates proactively with stakeholders across the Credit, Lending, and Portfolio Managers at all MHC banks, ensuring credit decisions support origination and portfolio monitoring activities at each bank.
• Identifies emerging or potential issues within the loan portfolio, recommending appropriate action plans or adjustments to risk ratings, while considering the broader implications for the MHC portfolio as a whole.
• Completes annual reviews and processes new credit requests for commercial borrowers, ensuring thorough credit evaluations and alignment with the MHC’s overarching credit strategy.
• Provides backup support for specialized departmental functions, such as appraisal or environmental documentation, reporting, and other tasks within expertise, ensuring consistency across the MHC.
• Demonstrates a strong commitment to the Bank’s mission, vision, and core values through consistent actions and decisions that align with the MHC’s credit culture.
• Occasionally performs construction site visits and inspections, attends customer meetings, and provides additional support for underwriting and portfolio monitoring activities to support Commercial Lenders across the MHC.

Requirements

Qualifications, Experience, and Education

• Bachelor's degree in finance, accounting, business, or related field. [LB1] Master's degree preferred.
• Minimum 7-10 years of experience in commercial credit analysis or underwriting in a banking environment.
• Strong knowledge of bank policies, procedures, and regulatory requirements
• Expertise in cash flow analysis, loan policy, covenants, and compliance, with ability to train others
• Solid finance and accounting foundation
• Clear and effective written and verbal communication skills
• Proficient in spreadsheets, credit spreading tools, and loan systems
• Ability to underwrite and structure complex credit deals (CRE, C&I, multi-entity)
• Communicates complex concepts clearly to both financial and non-financial audiences

River Run Services, LLC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing or service in the military.

If you are an individual with a disability and require a reasonable accommodation to complete the application process, you may contact Human Resources at [e-mail] or call 978-462-3136.

The salary range represents an estimate based on market data for this position. Final compensation decisions are made based on experience, skills, and internal equity to ensure fairness and consistency across our organization.

Salary Description