Junior Commercial Credit Analyst - Risk & Underwriting

River Run Services, LLC; Newburyport (MA); On-site; USD 65,000 - 85,000; Full time

Job summary

River Run Services, LLC is a shared services organization supporting Newburyport Bank, Pentucket Bank and Rollstone Bank & Trust. The Commercial Credit Analyst I identifies, monitors, and describes credit risk in a commercial banking environment, performing financial spreading, underwriting, and covenant testing.

The role involves preparing approval documents, handling annual reviews, and collaborating with commercial lenders while staying current on banking products and regulations.

Qualifications

• Bachelor’s degree in business.
• 1-2 years of experience in Banking or Financial Services.
• Strong knowledge of general accounting and finance principles.
• Strong knowledge of general banking/lending concepts and principles.
• Strong decision-making skills.
• Proficient with office software including word processing, spreadsheet, presentation, and mail applications.
• Attention to detail.

Responsibilities

• Analyzes financial statements and assesses creditworthiness for potential borrowers.
• Prepares comprehensive approval documents for loan requests.
• Conducts annual reviews of commercial borrowers and prepares reports.
• Identifies risks and assesses impacts of external factors on borrower obligations.
• Maintains credit files and supports loan origination staff with related tasks.
• Ensures compliance with bank policies and regulatory requirements.
• Supports lenders with site visits, inspections, and client meetings.

Skills

Attention to detail

Strong decision-making

Office software proficiency

Education

Bachelor’s degree in business

Tools

MS Office Suite

Job description

River Run Services, LLC is a shared services organization supporting Newburyport Bank, Pentucket Bank and Rollstone Bank & Trust. The Commercial Credit Analyst I identifies, monitors, and describes credit risk in a commercial banking environment, performing financial spreading, underwriting, and covenant testing.

The role involves preparing approval documents, handling annual reviews, and collaborating with commercial lenders while staying current on banking products and regulations.