Senior Credit Analyst

East Cambridge Savings Bank • Cambridge, MA

7h

About The Position

East Cambridge Savings Bank’s Lending Division is actively recruiting for a Senior Credit Analyst. Under the general direction of the Team Lead – Commercial Credit, perform a variety of administrative tasks in connection with credit analysis for the Lending Division.

Requirements

• 3 years commercial credit experience
• Bachelor’s degree in Finance/Accounting or equivalent work experience
• Ability to analyze financial statements and effectively prepare written analysis
• Proficient with Microsoft word and excel
• Excellent verbal and written communication skills
• Strong interpersonal and organizational skills

Nice To Haves

• Working knowledge of LoanVantage and COCC Insight preferred

Responsibilities

• Researches and examines credit risks, assesses credit history, and makes a recommendation to approve or disapprove extension of credit.
• Responsible for conducting financial, strategic and competitive analysis for both Business and Commercial real estate customers.
• Prepares loan documents and comprehensive credit proposals for Board presentations; assists management with presentation materials and approval process.
• Develops and analyzes property cash flow information.
• Provides an assessment of loan condition and quality, assigns credit grades on existing credits and oversees loan documentation as outlined in East Cambridge Savings Bank lending policies.
• Responsible for the tracking, collecting and reporting of loans that are incomplete due to missing documentation.
• Maintains a good working knowledge of the Bank’s lending policies and procedures and identifies deviations from policy.
• Responsible for presentation of written and oral reports to management. Performs periodic review of various industries and analyzes the information to identify industry trends.
• Conducts in-depth review and analyzes balance sheet and profit and loss statements presented by applicants for large commercial loans.
• Assesses liquidity, quality of management, market position and overall business climate to estimate future profitability of business.
• Provides technical advice and assistance to Commercial Lending Officers as needed.
• Performs related administrative work as required.
• Assists the VP/Commercial Credit Officer with special projects as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior