Junior Commercial Credit Analyst & Underwriter

Saco & Biddeford Savings Institution; Saco (ME); On-site; USD 55,000 - 75,000; Full time

Job summary

Saco & Biddeford Savings Institution in Maine seeks a commercial credit analyst to evaluate financial conditions of borrowers for new and existing lending relationships. Responsibilities include financial statement spreads, cash flow analysis, collateral review, and risk rating applications.

The role requires a four-year degree in accounting/finance/business and 1–2 years of credit analysis experience, with strong communication and proficiency in Microsoft Office.

Qualifications

• Four-year degree in accounting, finance or business administration preferred.
• Minimum 1–2 years’ commercial credit analysis experience.
• Familiarity with loan products and lending processes.
• Strong written and verbal communication skills.

Responsibilities

• Underwrite and prepare formal analyses for commercial loan requests, renewals, amendments, and extensions.
• Organize and prepare spreadsheets and narratives detailing creditworthiness of borrowers/guarantors.
• Identify credit risks and provide mitigating factors to minimize risk to the Bank.
• Perform credit inquiries and summarize findings from reports and trade lines.
• Ensure compliance with regulatory guidelines and loan policy; identify exceptions.
• Support risk management through renewal and review analyses on existing loans.
• Assist Commercial Loan Officers with technical analysis and guidance.
• Support loan review department as needed; provide quality service to customers.

Skills

Credit analysis

Financial statement analysis

Tax return analysis

Communication skills

Education

Bachelor's degree in accounting/finance/business administration

Tools

Microsoft Office Suite

Job description

Saco & Biddeford Savings Institution in Maine seeks a commercial credit analyst to evaluate financial conditions of borrowers for new and existing lending relationships. Responsibilities include financial statement spreads, cash flow analysis, collateral review, and risk rating applications.

The role requires a four-year degree in accounting/finance/business and 1–2 years of credit analysis experience, with strong communication and proficiency in Microsoft Office.