Credit Analyst

Norwood, MA 02062

Employment Type: Perm Specialty: KNF&T Job Number: 253589

Job Description

A South Shore Banking client of our has an immediate  need to add to staff within their Credit team. Our client is looking for Credit Analyst with 3+ years of experience. They offer great benefits and a great quality of life.

·       Prepare the Allowance for Loans & Lease Losses Allocation Analysis.  Calculate discounted cash flows, review final allocations with lenders and submit recommendations to Sr. Lender.

·       Prepare annual loan reviews for majority of the commercial portfolio.

·       Analyze all ratios as defined in the Construction Loan Guideline Report.

·       Prepare all reports for submittal to various committees including Lenders Committee, Security Committee and Board of Directors.

·       Prepare Reviews on all commercial property appraisals and investment residential property appraisals ordered by the Commercial Lending Department.

·       Coordinate effort for all external and internal commercial loan audits.

·       Analyze and summarize applicant financial statements.  Prepare comprehensive written analyses of commercial, construction, and commercial real estate loans to determine credit and risk rating appropriateness. 

·       Review of Appraisals
  • Responsible for updating approved changes to the Loan Policy.
  • Performs related administrative functions as may be necessary to achieve corporate objectives and ensure the successful operation of the Bank.
  • Updating the Lenders on financial statements that need to be collected.
  • Adhere to all Bank policies and procedures as outlined in the Bank’ s Employee Guidelines.

  • Bachelor’ s degree and specialized coursework and/or training or the equivalent. 
  • 2-4 years of commercial loan experience. 
  • Proficient in Microsoft Office
  • Strong knowledge of accounting principles and tax return analysis. 
  • Strong analytical, organizational, and communication skills. 

Hours are 830am to 5pm
Salary is 60K-90K + Bonus


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