Credit Analyst – Job # 3864-10637
About The Position
The Symicor Group is recruiting a Credit Analyst for a bank client in the Framingham, Massachusetts market. The role is responsible for processing daily credit transactions in accordance with credit policies and procedures and maintaining records and files for credit transactions, including correspondence and supporting documents. The position is not remote and offers a salary of up to $100,000 and a full benefits package. The Credit Analyst performs in-depth financial analysis, reviews information for prospective and active borrowing accounts, evaluates the short- and long-term prospects of individuals and companies, and makes recommendations regarding loan decisions. The role also documents analyses and recommendations, suggests loan grades, and ensures that work complies with lending policies. When needed, the analyst accompanies Commercial Lenders to customer meetings and provides leadership, on-the-job training, and technical guidance to other credit analysts.
Requirements
- Bachelor’s degree in a related field of study.
- Five or more years of experience as a Credit Analyst.
- Experience preparing credit presentations.
- Ability to manage, process, and track annual reviews of necessary credits.
- Thorough knowledge of current lending and loan review regulations, banking regulations, procedures, and operations.
- Proficiency in analyzing and interpreting financial statements.
- Excellent written and verbal communication skills.
- Strong organizational skills and attention to detail.
- Ability to multitask.
- Proficiency with spreadsheet and word processing software and experience working in a digital office environment.
Nice To Haves
- Specialized financial analysis training.
Responsibilities
- Process daily credit transactions in accordance with credit policy and procedures.
- Maintain records and files for all credit transactions, including correspondence and documents.
- Perform in-depth financial analysis, including spreading and analyzing financial statements.
- Receive and review information on prospective and active borrowing accounts, including financial statements, tax returns, agency and credit reports, and interview and investigation sheets.
- Analyze data and evaluate the short- and long-term prospects of individuals and companies.
- Recommend to appropriate personnel whether loans should be granted or denied.
- Prepare sufficient information to document recommendations when assigned to a lending function.
- Suggest a loan grade after conducting a thorough credit analysis and documentation review.
- Ensure credit analysis activities comply with prescribed lending policy.
- Document financial analysis work, including ratios, cash flow, collateral analysis, and related information.
- Accompany Commercial Lenders on customer meetings when needed.
- Provide leadership, on-the-job training, and technical guidance to other credit analysts.
- Perform other duties as assigned.
Benefits
- Full benefits package.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
