Credit Analyst

Berkshire Bank•Boston, MA

3d•$52,000 - $90,489•Onsite

About The Position

To analyze and underwrite credit requests for Bank prospects and customers and to maintain and monitor loans within the portfolio under the supervision of lending officers.

Requirements

Bachelor’s degree in relevant field
Minimum of (2) two years of commercial credit experience
Excellent written and oral communication skills
Extensive knowledge of PC applications, including Excel, Word and Access
Be well versed in the Bank’s credit policy and underwriting standards
Be familiar with and fulfill compliance requirements

Responsibilities

Analyze and underwrite credit requests in a timely fashion by using some or all of the following resources: applications, spreads, financial statements, tax returns, credit bureaus, meetings with customers/prospects, appraisals, web research and other resources as necessary.
Determine if request is in compliance with Bank policy and note any exceptions.
Discuss deal structure, cash flow, collateral, and customer character with Relationship Managers (RM).
Accompany RM on customer calls and interact with customers in person and over the phone as directed by lender.
Interact with financial professionals including CPA’s, CFO’s, etc. as needed to assist in the underwriting of credit memos.
Present written analysis and observe presentations by lenders.
Conducts market surveys through contact with brokers, online research, etc.
Manage existing portfolio of customers by tracking and preparing annual reviews of relationship obligations.
Maintain tracking database with updated information as needed.
Identify potential problem loans and deficiencies.
Assist customers when needed with questions regarding loans and retail products.
Performs other related duties as required or directed