Commercial Real Estate Credit Analyst II

Northern Bank•Woburn, MA

2d•$78,000 - $85,000

About The Position

The Commercial Real Estate (CRE) Credit Analyst II is responsible for evaluating and underwriting commercial real estate loan opportunities. This role analyzes borrower, guarantor, and property-level financial performance to assess risk and determine creditworthiness, while providing clear recommendations to support sound lending decisions.

Requirements

1–3+ years of experience in credit analysis, commercial banking, or real estate underwriting.
Bachelor’s degree in Finance, Accounting, Business, or related field.
Experience with commercial real estate lending (multifamily, office, retail, industrial).
Understanding of appraisal and collateral valuation concepts
Proficient in Microsoft Office suite including Excel and Word and familiar with basic computer applications.
Strong analytical and math skills required.
Ability to multi-task, prioritize work, and adapt to changes in working environment required.
Clear written and verbal communication required.

Nice To Haves

Salesforce experience preferred.

Responsibilities

Analyze borrower and guarantor financials, tax returns, and global cash flow
Evaluate property-level performance, including income, expenses, and debt service coverage and lease/tenant dynamics
Assess loan structure, collateral, and repayment sources to determine credit risk
Prepare clear, concise credit memos and loan presentations with recommendations
Conduct market and industry research, including rents, vacancy trends, and property conditions
Review third-party reports (e.g., appraisals, environmental) and identify risks and mitigants
Support loan origination, underwriting, and closing processes in partnership with Loan Officers
Perform annual reviews and ongoing monitoring of assigned credit relationships
Assist in the maintenance of Bank filing systems as new information is received.
Participate in ongoing process improvement initiatives.