Special Assets Credit Analyst I

First Citizens Bank; Boston (MA); Hybrid; USD 64,000 - 97,000; Full time

Job summary

First Citizens Bank in Boston, MA is seeking a Credit Analyst to support portfolio management and underwriting for a variety of problem loans. The role requires attention to detail in a fast-paced environment and involves negotiating restructuring strategies.

The ideal candidate has 3 years’ experience in credit training or financial analysis, and a Bachelor’s degree or GED. The position is hybrid, with time spent both in office and remotely, dependent on business needs.

Qualifications

• Understands credit quality and risk ratings.
• Able to review portfolios and prepare underwriting packages.
• Familiar with loan restructuring and workout strategies.

Responsibilities

• Underwriting: review assigned portfolio for credit quality and risk accuracy; prepare CLS/CLR packages and minutes.
• Reporting/Portfolio Management: maintain credit files, monitor past dues, prepare underwriting packages and quarterly assessments.
• Know ledge of Credit Policy, Risk Rating Matrices, and Bank systems; navigate multiple systems.
• Knowledge of Lending Products and Restructuring; may manage less complex accounts and interact with clients.

Skills

Underwriting

Credit analysis

Financial analysis

Negotiation

Portfolio management

Communication

Education

Bachelor's Degree or GED

Tools

Bank systems

Job description

First Citizens Bank in Boston, MA is seeking a Credit Analyst to support portfolio management and underwriting for a variety of problem loans. The role requires attention to detail in a fast-paced environment and involves negotiating restructuring strategies.

The ideal candidate has 3 years’ experience in credit training or financial analysis, and a Bachelor’s degree or GED. The position is hybrid, with time spent both in office and remotely, dependent on business needs.