Job Description
Job Description
We are looking for a skilled Senior Credit Analyst to join our team in Rockland, Massachusetts. This is a long-term contract opportunity, ideal for a detail-oriented individual with expertise in commercial credit analysis and portfolio management. In this role, you will contribute to the success of our commercial lending department by evaluating loan requests, managing existing portfolios, and ensuring compliance with bank policies and regulations.
Responsibilities:
• Conduct thorough credit underwriting for commercial loan requests, including mortgages, construction loans, and working capital lines of credit.
• Handle loan renewals, modifications, and annual credit reviews with a high degree of accuracy and independence.
• Assess the strengths and weaknesses of proposed transactions, providing recommendations and risk ratings to appropriate approval authorities.
• Request and analyze financial information such as business and personal tax returns, financial statements, and agency reports.
• Prepare detailed financial statement spreadsheets to facilitate analysis of corporate and personal financial data.
• Review supplementary loan-related documents, including credit reports, leases, appraisals, and property reports.
• Monitor and track borrower financial information to ensure compliance with lending policies and procedures.
• Coordinate work across departments to streamline the credit analysis process and support organizational goals.
• Provide guidance and on-the-job training to entry-level credit analysts.
• Maintain accurate records and generate reports as required by the commercial lending department.
• Minimum of 1 year of experience in credit analysis or a related field.
• Proficiency in evaluating commercial loan applications and managing loan portfolios.
• Strong understanding of commercial banking and lending practices.
• Skilled in preparing and analyzing financial statements and tax returns.
• Ability to assess risk and provide actionable recommendations.
• Familiarity with credit reports, appraisals, and other loan-related documentation.
• Excellent organizational and communication skills.
• Ability to work collaboratively with cross-functional teams.