Credit Analyst IV - C&I

Provident Bank•Morristown, NJ

1d•Onsite

About The Position

Provident Bank is a highly regarded multi-billion-dollar financial institution with a strong community presence and a commitment to its employees, customers, and communities. The Credit Analyst IV – C&I is a senior underwriting role responsible for analyzing and structuring complex commercial credit relationships with the highest levels of exposure. This position requires advanced expertise in credit and risk analysis, credit structuring, regulatory requirements, and documentation, along with the ability to exercise independent judgment. The Credit Analyst IV partners closely with Commercial Loan Officers, participates in customer calls, and supports deal structuring for sophisticated transactions. This role handles highly complex credit requests, including larger transactions and credits requiring Executive Leadership and Credit Committee approval. Additionally, the Credit Analyst IV mentors and trains less experienced analysts and contributes to department initiatives such as vendor management, reporting, and special projects, playing a critical role in sound credit decisions and the overall effectiveness of the Commercial Credit function.

Requirements

Bachelor’s degree in finance, Accounting or Economics.
Formal credit training or higher banking education (i.e. Graduate School of Banking, Stonier, etc).
7 or more years in Commercial Banking.
Thorough knowledge of underwriting, credit analysis, commercial loan structure, and regulatory guidance.
Strong analytical skills with ability to identify strengths and mitigate risks.
Strong knowledge of commercial real estate lending, inclusive of investment, owner-occupied and some construction.
Proficient in Commercial & Industrial lending including debt service coverage, cash flow, A/R and A/P, WIP, Borrowing Base Certificates, and construction budgets.
Strong computer skills, inclusive of experience with loan origination software and MS Office applications (specifically MS Word and Excel).
Strong verbal and written communication.
Ability to prioritize multiple projects and complete them on time.
Ability to conduct meetings, meet with customers, effectively present information and respond to questions from peers, auditors and various levels of management.
Strong comprehension of accounting practices, inclusive of balance sheets, income statements, equity reconciliation, and cash flows.
Credit underwriting confidence for the ability to mentor and train Credit Analyst III.
Under some supervision, ability to correspond, manage, and in certain cases negotiate with 3rd party vendors.

Nice To Haves

MBA
Certification in Credit Risk or Credit Management

Responsibilities

Prepare loan approvals, annual reviews and conduct credit analysis for new requests, modifications, and short-term extensions of existing loans.
Accompany Commercial Loan Officers on customer and prospect calls.
Participate in discussions with management regarding the creditworthiness of proposed loan requests.
Conduct third-party research, including industry reports, personal credit reports, and real estate analysis with market assessments.
Prepare reports and handle special assignments.
Assist in 3rd party vendor management responsibilities.
May have supervisory and mentorship responsibilities for junior Credit Analysts, subject to business needs.