Greenfield Savings Bank ยท 3 months ago
Commercial Credit Analyst
Greenfield, MA
Full-time
Onsite
Entry Level
1+ years expGreenfield Savings Bank is seeking a Commercial Credit Analyst to prepare written analyses of commercial loan requests and assist in annual reviews. The role involves collaborating with the commercial lending team, analyzing financial statements, and evaluating borrowers' creditworthiness.
BankingFinancial Services
Responsibilities
Assist Commercial Credit Department in preparing analyses of commercial loan requests
Assist in completion of annual reviews
Spreading financial statements, analyzing cash flow, reviewing ratios and include results in loan proposals utilizing nCino platform
Analyze financial statements, provide income statement/balance sheet analysis, explain impact of balance sheet changes/trends, discuss margins/trends in income statement
Determining GSB exposure and assembling relationship data on existing loans/deposits, borrower background, industry data, identify risks
Assist in preparing loan proposals/ reviews in coordination with Credit Administration Manager
Prepare annual loan reviews of commercial relationships as required by policy
Evaluating financial stability and debt service capacity, management strength, collateral coverage, loan structure, risk assessment, economic environment and industry concerns and possible effects on the commercial relationship
Run credit bureau reports on borrowers & guarantors in GSB commercial relationships
Assist in determining collateral position of borrower utilizing appraisals and financial statements as part of analysis
Tracking receipt of financial statements on most borrowers/guarantors
Complete credit inquiries and accountant confirmation requests on commercial customers
Assist in ordering commercial appraisals as needed and completing appraisal reviews
Assist in preparation for external and internal audits and loan review
Qualification
Required
Must have a minimum of 1 year experience in commercial loan underwriting/analysis
Good understanding of accounting principles and financial statements, with strong analytical skills and a focus on accuracy and detail
Must be coachable but have ability to work independently
Excellent written and oral communication skills
Ability to prioritize workflow, solve problems, think creatively to understand complex credit relationships
Should have good time management and project management skills
Excellent skills with various software, FISERV Cleartouch, WORD/EXCEL applications
Company
Greenfield Savings Bank
Greenfield Savings Bank is a banking corporation headquartered in Massachusetts.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Peter Albero CPA
Senior Vice President, Chief Financial Officer and Treasurer
Panna Royal
SVP & CIO
Recent News
2023-08-26
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