Senior Credit Analyst

Reading Co-Operative • Reading, MA

13d • $95,221 - $105,000

About The Position

At Reading Cooperative Bank, we are more than a financial institution—we are a mutual cooperative bank dedicated to strengthening Main Street and supporting the communities we proudly serve. Rooted in a tradition of trust, collaboration, and local impact, we work every day to empower individuals, families, and small businesses to thrive. If you are passionate about making a meaningful difference and building relationships that matter, we invite you to explore a career with us.

Reading Cooperative Bank is seeking an experienced Senior Credit Analyst to join our collaborative and high-performing Credit Team. Reporting directly to the SVP, Chief Credit Officer, this role is a key contributor to the Bank's commercial lending success, providing independent credit analysis and underwriting support across a diverse portfolio of commercial real estate, construction, and commercial & industrial lending relationships.

Requirements

• Bachelor’s degree in Accounting, Finance or related field
• Minimum 2 years of credit analysis experience working with various loan types (CRE, C&I, Construction) for relationships up to and exceeding 10+ million in exposure
• Equivalent combination of education and experience.

Responsibilities

• Independently underwrite commercial real estate, construction, and commercial & industrial loan requests for both new and existing customers.
• Prepare clear, well-supported written credit presentations for approval and loan committee review.
• Analyze financial statements, tax returns, personal financial statements, rent rolls, leases, budgets, and market data.
• Develop cash flow analyses, evaluate collateral positions, review appraisals, and stress-test financial assumptions.
• Assess both quantitative and qualitative risk factors, including borrower performance, management strength, and industry conditions.
• Recommend risk ratings and identify appropriate loan structures, covenants, risk mitigants, and credit enhancements.
• Perform annual and interim reviews, modifications, covenant testing, and portfolio monitoring activities.
• Coordinate with third-party vendors on appraisals, environmental reports, inspections, and other due diligence requirements.
• Partner closely with lending officers to ensure efficient turnaround times and thoughtful credit decisions.

Benefits

• Choice of medical plans with HRA or HSA options
• Dental and vision coverage
• Flexible spending accounts (FSA)
• Disability insurance
• 401(k) retirement plan
• Employee Assistance Program (EAP)
• Generous paid time off
• Interest-free emergency loan program (up to $2,000, subject to program guidelines)
• Tuition assistance (available to full-time and part-time employees)

What This Job Offers

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