Senior Credit Analyst

East Cambridge Savings Bank • Cambridge, MA

3d

About The Position

East Cambridge Savings Bank’s Lending Division is actively recruiting for a Senior Credit Analyst. Function : 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. We are looking for a candidate with: 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 Working knowledge of LoanVantage and COCC Insight preferred Excellent verbal and written communication skills Strong interpersonal and organizational skills

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
• Number of Employees: 11-50 employees