Sr. Commercial Credit Analyst

North Easton Savings Bank; South Easton (MA); On-site; USD 70,000 - 110,000; Full time

Job summary

North Easton Savings Bank is seeking a skilled Commercial Credit Analyst to evaluate financial statements and prepare credit recommendations for commercial lending. You will work closely with Commercial Lenders to prepare memos, discuss renewal requests and modify loans with high complexity, ensuring adherence to regulatory guidelines.

The role emphasizes asset quality protection, maintaining robust recordkeeping, and mentoring junior staff while delivering timely, high-quality credit analyses

Qualifications

• Bachelor’s Degree in Finance/Accounting or related field required.
• Minimum 3–5 years of direct commercial credit analysis experience with formal training.
• Proven ability to complete complex credit analysis with minimal guidance.
• Proficient with Microsoft Office (Word, Excel, PowerPoint).
• Proficient with financial spreading software and banking core data platforms.

Responsibilities

• Spread and analyze financial statements and present credit recommendations verbally and in writing.
• Prepare approval memos, renewal requests and loan modifications with little oversight.
• Assist in protecting asset quality by identifying annual reviews for high-complexity relationships.
• Maintain tickler systems in the Loan Origination platform for accurate recordkeeping.
• Monitor and obtain borrowers’ financial statements as needed.
• Order and review appraisals and environmental reports.
• Prepare standard reports and suggest enhancements as needed.
• Summarize credit history in quarterly reports.
• Provide excellent service to bank customers.
• Adhere to regulatory guidelines, bank policies and procedures.
• Mentor and train junior team members.

Skills

Credit analysis

Financial statement analysis

MS Office

Verbal and written communication

Multi-tasking

Team mentoring

Analytical mindset

Education

Bachelor's Degree in Finance/Accounting or related field

Tools

Financial spreading software

Banking core data platforms

Commercial software applications

Job description

Description

Essential Job Responsibilities

The essential functions include, but are not limited to the following:

• Spreads and analyzes financial statements and presents credit recommendations both verbally and in writing.
• Works directly with Commercial Lenders to prepare approval memos, renewal requests and loan modifications of the highest complexity with little to no oversight.
• Assists in the protection of asset quality of the commercial portfolio by preparing annual reviews on commercial relationships of the highest complexity
• Maintains tickler systems within the Loan Origination platform to ensure accurate recordkeeping.
• Assists in monitoring requests for and receipt of all borrowers’ financial statements.
• Orders, receives, tracks, and reviews appraisals and environmental reports.
• Prepares a variety of standard reports on a consistent and as-needed basis. Provides suggestions on report enhancements.
• Prepares credit history comments summarizing loans quarterly as needed.
• Provides the highest level of service and responsiveness to the customers served by the Bank.
• Perform all duties in accordance with prescribed regulatory compliance guidelines, established Bank policies, strategies, and procedures.
• Mentor & train junior team members.

Requirements

Knowledge, Skills & Work Experience

• Bachelor’s Degree in Finance/Accounting or related field required.
• Minimum three (3) to five (5) years of direct commercial credit analysis experience coupled with formal credit training required.
• Proven experience successfully completing the most complex credit analysis without managerial guidance and little to no corrections.
• Proficient with Microsoft Office applications (Word, Excel, PowerPoint).
• Proficient with financial spreading software, commercial software applications and banking core data platforms required.
• Excellent verbal and written communication skills.
• Proficient in multi-tasking within a team-oriented environment with a strong focus on customer service while maintaining the ability to deliver finished products within a predetermined timeframe.
• Interacts effectively with customers and responds to sensitive inquiries or complaints with tact and professionalism.
• Possesses outstanding quantitative and analytical skills including the ability to read, analyze, and interpret complex documents and calculate figures and amounts such as discount rates, interest rates, commissions, proportions, percentages, and ratios. Solid understanding of accounting principles and federal tax reporting.
• Ability to define problems, collect data, establish facts, think critically, solve problems, approach issues with an analytical mindset and draw valid conclusions.

The pay range for this position is based on the lowest to highest salary we reasonably and in good faith expect to pay for this position at the time of this posting. Actual pay will depend upon several factors including, but not limited to, relevant education, qualifications, certifications, experience, business or organizational needs, affordability and market pay. The posted range may be modified in the future as market data or organizational priorities change.

Physical Demands

This position is an office-based position in terms of physical demand. Employees are expected to be able to operate their fingers and hands to perform functions such as typing, writing, and filing. Employees must also be able to move throughout the office with ease while also being able to sit for extended periods of time. Employees must be able to see and hear in an office setting that does include much noise going on around one’s workspace. While this job is mainly clerical, there are instances in which employees must be able to transport up to 20 pounds.

Note

The above is a description of the ordinary duties of the position. It should be expected that from time-to-time other duties (both related and unrelated to the above) may be assigned and are therefore required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position is not subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements.

North Easton Savings Bank is dedicated to being an equal opportunity workplace. To reach and maintain this goal, the Bank strictly prohibits harassment and discrimination based on gender, sex, race, ethnic background, age, physical disability, mental disability, and anything else protected by law. North Easton Savings Bank welcomes diversity and we believe that diversity is the root of successful teams and an overall successful workplace.

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