Commercial Credit Analyst II
Department: Credit Administration
Reports to: Commercial Credit Department Manager
Supervises: None
Status: Full-Time / Exempt / Hybrid
Must already be authorized to work in the United States. Relocation is not provided.
Partners Bank is a rapidly growing community bank with operations in Maine and New Hampshire that has established superior service level expectations. We offer generous compensation and benefits while fostering opportunities for growth and flexible work schedules when appropriate.
Summary for the Commercial Credit Analyst II:
- Evaluate the financial condition of individuals and businesses applying for credit within Partners Bank.
- Assist with the engagement and review process of appraisals and evaluations related to commercial loans.
Job Requirements for the Commercial Credit Analyst II:
- Bachelors degree with a focus in either Business Administration, Accounting, Economics, or Finance or two to five years of accounting coursework and prior commercial credit analysis experience.
- Strong financial analytical abilities.
- Two to five years of experience with credit systems.
- Demonstrated ability to independently gather, consolidate, analyze and summarize data to provide well considered recommendations for all levels of commercial credit relationships.
- Ability to work on multiple analytical assignments without a loss in quality.
- Excellent verbal and written communication skills.
- Computer proficiency, including proficiency with Word and Excel and solid typing skills.
- Timeliness, ability to recognize and meet deadlines.
Specific Job Functions for the Commercial Credit Analyst II:
- Analyze loan data on new, renewal and existing loans, including data provided by credit bureaus, other financial institutions.
- Perform independent analysis of a wide variety of commercial loan requests, including commercial and industrial and commercial real estate loan requests, in a timely manner.
- Analyze loan requests of all sizes and varying degrees of complexity based on experience.
- Familiar with the banks commercial loan policy and can identify any deviations from the policy.
- Familiar with alternative structures to reduce credit risk.
- Complete a written analysis of each credit including any or all of the following, as applicable: a background summary of the borrowing entity, a management analysis, a financial analysis of the borrowing entity; an analysis of the traditional cash flow/debt service coverage of the borrowing entity; a collateral analysis; an analysis of any corporate or personal guarantors; financial and traditional cash flow analysis of any related entities; an assessment of the risks and the strengths of the credit; and a summary/recommendation supporting the proposed risk rating for each credit analyzed.
- Credit analyzed will usually be for more complex loan requests where borrowers may have complex organizational structures, and/or more complex collateral and/or unique industries. Aggregate exposure for these credits is generally higher requiring management loan committee and/or board approvals.
- Work independently, under limited supervision, with the opportunity for un-reviewed credit decision making.
- Establish, review and update new and existing loan files for Partners Bank on a regular basis.
- Provide technical advice and assistance and complete special projects related to the Commercial Loan/Commercial Credit Department.
- Engage appraisers and evaluators as needed related to commercial loans.
- Review appraisals for compliance with USPAP as well as regulatory compliance related to applicable commercial loans.
- Review evaluations and price opinions for regulatory compliance related to applicable commercial loans.
- Assist with monthly and quarterly reports relating to the loan loss reserves and, concentrations of credit and other reports used to monitor the entire loan portfolio.
This Job Description for the Commercial Credit Analyst II describes the essential functions and qualifications of the job described. It is not an exhaustive statement of all the duties, responsibilities, or qualifications of the job. This document is not intended to exclude modifications consistent with providing reasonable accommodations for a disability. This is not a contract.
Your signature will indicate that you have read this Job Description and understand the essential functions and qualifications for the job.
