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
Essential Job Functions:
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.
Supportive Functions:
Performs related
administrative work as required.
Assists the
VP/Commercial Credit Officer with special projects as needed.