Credit Analyst

Cambridge Savings Bank•Waltham, MA

3d•$64,000 - $111,300•Hybrid

About The Position

The Commercial Credit Analyst prepares credit analysis documents for senior management and the Board that identify risks, financial metrics, and policy requirements. The role assesses borrower credit risks and the Bank’s ability to mitigate them. With modest oversight from Credit Leads, the analyst prepares detailed loan underwriting packages for commercial loan approvals and reviews. The analyst works across C&I, Commercial Real Estate, and ABL relationships, partnering with lending officers and portfolio managers. The position is hybrid and based in Waltham, Massachusetts.

Requirements

A four-year college degree, preferably in business, finance, or accounting, or at least two years of work experience in banking or financial services.
Ability to write clearly and concisely.
Excellent oral and written communication skills to foster collaboration and teamwork.
Strong analytical skills and proficiency in financial accounting.
Demonstrated ability to work efficiently and independently and meet deadlines.

Responsibilities

Partner with lending officers and portfolio managers to review, spread, and interpret financial statements, appraisals, and other relevant documents and prepare written credit analyses.
Make credit structure recommendations, when appropriate, for new loans, renewals, modifications, and annual reviews.
Independently handle commercial loan underwriting requests with continued oversight and guidance from Commercial Credit Team Leads.
Develop an understanding of the Bank’s Commercial Lending Policy and apply it appropriately to loan approval requests.
Help maintain the accuracy of the Bank’s commercial loan rating system by applying risk-rating definitions accurately to proposed transactions.
Attend joint client calls with lending officers when appropriate.
Establish and maintain professional, effective working relationships with CSB employees and customers.
Perform additional duties as required.