Senior Commercial Credit Analyst

Cornerstone Bank; Spencer (MA); On-site; USD 80,000 - 85,000; Full time

Job summary

Cornerstone Bank in Spencer, MA is seeking a detail-oriented Credit Analyst II to support our Commercial Lending team. You will evaluate new and existing commercial credit relationships, analyze financial statements, assess repayment capacity, and prepare credit recommendations to guide lending decisions.

You will work closely with commercial lenders and credit leadership to monitor portfolio performance, assist with loan presentations, ensure regulatory compliance, and contribute to the growth

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or related field.
• Three to five years of commercial credit analysis or related experience.
• Minimum of two years of progressively responsible banking experience.
• Demonstrated ability to analyze financial statements and support commercial lending decisions.
• Relevant banking, credit, or financial analysis certifications are a plus.

Responsibilities

• Conduct comprehensive credit analysis for new and existing commercial lending relationships, including financial statement spreading, risk assessment, and preparation of written credit memoranda to support lending decisions.
• Review and analyze annual financial statements, identifying trends and changes in financial performance, repayment capacity, and overall creditworthiness of existing borrowers.
• Perform credit evaluations for increasingly complex commercial relationships, providing sound recommendations based on financial, industry, and collateral analysis.
• Serve as a resource for commercial customer inquiries, verification requests, and other credit-related matters, delivering timely and professional support.
• Maintain accurate and complete credit files by ensuring appraisals, financial information, and supporting documentation are current and compliant with established requirements.
• Assist in the preparation and presentation of loan approval packages for Commercial Loan Officers, Executive Management, and Board Loan Committee meetings.
• Ensure all credit activities are conducted in accordance with Bank policies, regulatory requirements, and sound risk management practices.
• Apply strong analytical, communication, and relationship management skills to effectively collaborate with lending personnel and other internal stakeholders.
• Provide mentorship, guidance, and system training to Credit Analyst I team members, supporting their professional development and departmental effectiveness.
• Participate in department initiatives and complete special projects as assigned by the Credit Manager.
• Other related requests as assigned by the manager.

Skills

Commercial credit analysis

Financial statement analysis

Credit risk assessment

Microsoft Excel

Communication skills

Team collaboration

Attention to detail

Regulatory compliance

BSA/AML awareness

Education

Bachelor's degree in Finance/Accounting/Business

Certifications in banking/credit (plus)

Tools

Bank lending systems

Job description

Cornerstone Bank in Spencer, MA is seeking a detail-oriented Credit Analyst II to support our Commercial Lending team. You will evaluate new and existing commercial credit relationships, analyze financial statements, assess repayment capacity, and prepare credit recommendations to guide lending decisions.

You will work closely with commercial lenders and credit leadership to monitor portfolio performance, assist with loan presentations, ensure regulatory compliance, and contribute to the growth