Senior Credit Analyst I (On-Site)

Overview

Performs commercial credit analysis (wth focus on CRE) and recommends appropriate credit structure on more complex credit relationships in conformance with established policies, procedures, and objectives. Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and co-workers. Role is hybrid and requires 3 days minimum working in the office.

Responsibilities

• The Senior Credit Analyst works with department management for training. The Senior Credit Analyst will expand their knowledge base on spreading financial statements and preparing cash flow analyses for complex businesses and transactions. Training will also expand their knowledge base on analyzing financial statements and providing interpretive analysis for use in loan decision making. With little supervision by department management, the Senior Credit Analyst will be assigned underwriting for complex renewals, modifications, new money requests, and mortgage reviews. The Senior Credit Analyst will also be assigned investment reviews. Underwriting is the primary focus of the Senior Credit Analyst; the volume of assigned underwriting will reflect this priority.
• The Senior Credit Analyst supports other credit colleagues, lending department staff, and other bank departments on a routine basis, demonstrating strong communication and teamwork skills throughout.
• The Senior Credit Analyst must demonstrate strong time management skills in order to meet competing deadlines and expectations.
• The Senior Credit Analyst performs all duties in compliance with regulatory guidelines.
• The Senior Credit Analyst performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and co-workers.

Requirements

Education

• Bachelor's Degree plus specialized course work and training is required

Work Experience

• 5+ years of credit-related experience is required, preferably with CRE

Additional Requirements

• Must demonstrate a strong knowledge of commercial credit analysis including the ability to analyze repayment sources, evaluate risk, identify risk mitigation, and provide deep insight into the creditworthiness of a commercial borrower.
• Working knowledge of accounting and a solid understanding of commercial loan documentation.
• High attention to detail with strong analytical, communication, and interpersonal skills required.
• Strong working knowledge of Microsoft Office Suite and ability to learn new software, including the Bank’s Commercial Loan Origination System.
• Required to work on site in the office a minimum of 3 days per week.

Expected Pay Range

The expected annual pay range for this role is $62,682 to $111,280. This pay range is the annual salary we in good faith expect to pay for this role at the time of posting. Actual compensation paid may fluctuate higher or lower than the posted range and the range may be modified in the future due to several factors including, but not limited to, relevant experience, certifications, and qualifications, internal equity, adjustments to the requirements and responsibilities of the job, business needs, and economic and market data.

EEO Statement

Middlesex Savings Bank is an Equal Opportunity Employer/protected Veterans/Individuals with Disabilities