Senior Credit Analyst

Job Description

Job Description

Responsible for analyzing moderately complex to complex commercial real estate credit transactions and relationships. Monitor the credit worthiness of the Bank’s customers and applicants.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Perform credit analyses of existing and prospective loan accounts
• Write detailed narrative reports regarding the relationship, including the history of the relationship, a review of financial data, collateral coverage, ability to service debt and the risks
• Request and review personal and business financial statements, tax returns and other pertinent financial information
• Prepare various written loan reports including: loan presentations, loan modifications, and credit file comments as needed in accordance with the Bank’s loan policy and procedures and state and federal banking regulations 
• Recommend appropriate loan risk rating.
• Review loans for covenant compliance
• Review and maintain credit files
• Assist commercial loan officers with customer inquiries and servicing requests
• Perform additional duties as requested, needed or assigned

JOB REQUIREMENTS

• Excellent financial analytical skills with sound judgment and decision making abilities
• Strong written and verbal English communication skills and ability to interact with all levels of management, peers and customers
• Extensive knowledge of personal/business financial statements and tax returns
• Solid knowledge of financial institution policies and procedures
• Strong knowledge of commercial real estate lending practices and related areas
• Ability to organize and prioritize to meet deadlines
• Strong time management skills and ability to handle multiple projects
• Working knowledge of Microsoft office applications
• Reliable and highly self-motivated
• Superior customer service skills
• Ability to adhere to Needham Bank’s Core Values ( Focus on Customer Relationship, Embrace Change, Work as a Team, Be an Asset to Your Community, Always Learn, and Do the Right Thing )

EDUCATION & EXPERIENCE

• Bachelor’s degree in Business Administration/Accounting/Finance or related area
• At least five years of bank credit experience or related bank experience in underwriting and analyzing business financial statements and tax returns is preferred
• Experience underwriting commercial real estate loans including construction, land development, and income producing properties is required
• Strong knowledge of Federal and State banking regulations

WORKING CONDITIONS/PHYSICAL DEMANDS

• Normal business office environment

Needham Bank offers a competitive salary and an amazing benefit package for a full-time employee which includes fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off (PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short- and long-term disability insurance, tuition reimbursement, and an Employee Assistance Program. We offer a great benefit package to our eligible part-time employees as well.

The pay range provided is based on what we believe is a reasonable estimate for the pay range for this job at the time of posting.

Actual pay may vary based on experience, skills, and market factors; additional compensation may apply.

At NB, we are dedicated to building a diverse, inclusive and authentic workplace - if you are excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles.

Needham Bank is an Equal Opportunity/Affirmative Action Employer. Needham Bank will provide all applicants for employment and all employees with equal opportunity for employment and promotion regardless of race, color, religion, gender, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, or gender identity.