Private Banking Analyst

Beacon Bank•Boston, MA

3d•$52,000 - $90,498•Onsite

About The Position

To analyze and underwrite credit requests for Bank prospects and clients in the Trust Advantage Program and maintain and monitor loans within the portfolio under the supervision of the Private Banker and Private Banking Manager.

Requirements

Bachelor’s degree in relevant field
1-3 years of commercial banking/credit experience
Client service experience
Good mathematical, analytical, and problem-solving/critical thinking skills
Excellent written and oral communication skills
Extensive knowledge of PC applications, including Excel and Word
Be well-versed in the Bank’s credit policy, underwriting standards and product/service offerings
Be familiar with and fulfill compliance requirements
Excellent attention to detail

Responsibilities

Analyze and underwrite credit requests in a timely fashion by using some or all of the following resources: applications, investment and financial statements, meetings with customers/prospects, web research and other resources as necessary
Determine if request complies with Bank policy and note any exceptions
Discuss deal structure, cash flow, collateral, and customer character with PB & SPB
Assist in the underwriting of credit memos and discussing new prospects
Present written analysis and observe presentations by SPB at Loan Committee
Manage existing portfolio by monitoring collateral; tracking and preparing annual reviews and pipeline management
Maintain tracking database, files and pipeline with updated information as needed
Identify potential problem loans and deficiencies including document exceptions
Assist clients when needed with questions regarding loans and retail products
Performs other related duties as required including loan documentation, loan bookings, customer advances and pay downs, payoff requests and portfolio administration