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Northfield Bank · 2 months ago

NB1570 - Senior Credit Analyst

Woodbridge, NJ, US

Full-time

Onsite

Mid, Senior Level

$90K/yr - $115K/yr

Northfield Bank is a full-service community bank dedicated to providing innovative financial products and exceptional customer service. They are seeking a Senior Credit Analyst to independently evaluate the creditworthiness and risk classification of commercial loan transactions, ensuring compliance with policies and making recommendations to management.

BankingFinanceFinancial Services

Responsibilities

Preparation of a formal credit risk analysis and supporting financial spreadsheets for commercial real estate transactions, business loans, and construction projects

Independent evaluation and review of all pertinent credit and financial information, including audited, reviewed, compiled and management-prepared financial statements, tax returns, credit bureau reports, vendor and bank inquiries

Perform independent due diligence as necessary to appropriately vet all prospective individual and corporate entities

Ensure that the underwriting is policy compliant and that all policy exceptions and guidelines are identified and documented in the underwriting

Identify the strengths and weaknesses of all proposed credit transactions, and work with the loan officer to establish valid mitigants to weaknesses

Responsible to ensure that policy compliant approval levels are assigned to the underwriting and the appropriate signatures are obtained

Assign a proposed Risk Rating to the credit that is in compliance with Risk Rating Definitions

Present the credit request to management along with the loan officer

Prepare annual credit reviews and independently re-evaluate the Risk Rating of existing loans

Underwrite and present credit renewals and extensions

Participate in continued advanced specialized training to maintain the competency level required for a Subject Specialist

Interface with all levels of the organization, including Senior Management

Responsible for complying with all policies and guidelines, including BSA, anti-money laundering, government regulations and annual compliance training

Qualification

Regulatory KnowledgeAnalytical SkillsTechnical ExpertiseJudgmentDecision-MakingAccountabilityDependabilityContinuous Learning

Required

Regulatory Knowledge - Understands the applicable federal, state, local, and company-specific regulations, policies and guidelines affecting business practices

Decision-Making - Able to make sound business decisions. Takes thoughtful approach when considering options. Seeks input from others, as appropriate. Willing to make difficult decisions

Accountability - Takes responsibility and ownership for decisions, actions and results. Follows through on commitments

Judgment - Possesses the ability to effectively perform the required functions of the job without being told every detail, to independently solve problems, and offer suggestions

Analytical Skills - Ability to take large volumes of data and then analyze trends an produce a result. Ability to breakdown complex problems into simpler, more manageable components. Ability to gather all information necessary to solve a problem, recognize underlying issues based on data and trends, and organize all relevant information to provide insight and ideas on how to draw appropriate conclusions that will help solve the problem

Technical Expertise - Demonstrates the ability to use current and new technology effectively and productively to meet job needs (e.g., computers). Continually updates skills and knowledge to meet position demands and requirements

Preferred

Dependability - Is considered reliable and consistently goes beyond the routine scope of the normal job duties. Maintains a high degree of flexibility

Continuous Learning - Pursues opportunities to develop self and improve skill level. Solicits feedback from supervisor and others and takes active measures to maximize potential. Is always working to advance their professional skill set. Recognizes additional work and/or job duties as an opportunity to grow professionally