Senior Commercial Credit Analyst

Thomaston Savings Bank • Thomaston, CT

2h • $83,560 - $125,339 • Onsite

About The Position

Thomaston Savings Bank is seeking a team-oriented professional committed to exceptional service, creative solutions, and supporting clients and communities. The Senior Commercial Credit Analyst is located on-site in Thomaston, Connecticut, and provides credit analysis for complex commercial lending activities. The role also supports administration of commercial borrowing accounts, conducts appraisal reviews, trains credit analysts, and assists with special projects and assignments. The position may be designated as a dual employee of the Thomaston Mortgage Services Passive Investment Company (PIC) and may require participation in the annual PIC time study.

Responsibilities

• Analyze new commercial credit requests, credit change requests, renewals, and annual relationship reviews in depth; recommend risk ratings and changes when warranted; and prepare concise written narratives for lenders, executive management, the Loan Committee, and/or the Board of Directors.
• Regularly spread personal, business, and corporate financial statements to support lenders' credit analyses; analyze financial information and compare companies with similar statements; and promptly report findings to the Credit Manager that may adversely affect loan collateral or a borrower's ability to repay.
• Use LoanVantage and other bank systems, manage the pipeline, attend MLC meetings as needed, and serve as a resource for Credit Analysts, Credit Administration, and Commercial Closing Administrators.
• Review loan presentations prepared by other credit analysts for compliance with underwriting standards, including loan details, financial statements, spreads, cash flow analysis, and approvals.
• Assist with credit-administration projects, including work related to policies and procedures, examiner or auditor recommendations, peer-group analysis, market studies, compliance and regulatory changes, software upgrades, industry or borrower concentration monitoring, risk assessments, and efficiency feasibility studies.
• Comply with applicable laws and regulations, including the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control requirements, as well as company policies.
• Conduct appraisal reviews and provide training to credit analysts.

Benefits

• Health insurance
• Paid time off
• Paid holidays
• Retirement savings with employer match
• Tuition reimbursement
• Long- and short-term disability coverage
• Life insurance
• Wellness resources
• Exclusive-employee banking benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed