Credit Analyst I

Mutual Bancorp and its Subsidiaries • Hyannis, MA

1d

About The Position

Identifies potential credit risks associated with new and existing commercial borrowers through the financial analysis process and works collaboratively with the Commercial Lenders to mitigate these risks. This role involves providing independent analysis, projecting cash flow, collateral evaluations, and risk rating commercial borrowers. The Credit Analyst is also responsible for annual review date tracking and distributing reviews to lenders.

Requirements

• Bachelor degree required; major in accounting or finance preferable.
• One to two years of banking or business experience preferred.
• Understanding of all Microsoft Office applications.
• Ability to handle multiple priorities and significant workload.
• Ability and willingness to produce high quantity and high quality work.
• Must have cyber security awareness to protect the digital environment, the Bank, and customers.
• Problem Solving skills.
• Verbal and Written Communication skills.
• Critical Thinking Skills.
• Adaptability.
• Eager Learner.
• Learning Agility.

Responsibilities

• Provide an independent analysis of commercial borrowers in the identification and mitigation of potential credit risks.
• Conduct thorough financial analysis, project cash flow, and perform collateral evaluations.
• Provide independent input in the process of risk rating commercial borrowers.
• Responsible for annual review date tracking for commercial customers.
• Distribute reviews to lenders and monitor follow-up needed based on the assessment of the third-party loan review vendor.
• Accurately complete credit analysis with basic levels of complexity.
• Assist in the compilation of various reports for Loan Committee.
• Assist in the weekly distribution of Loan Committee packages as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level