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Centreville Bank · 1 week ago

Senior Commercial Credit Analyst

West Warwick,RI,US

Full-time

Onsite

Senior Level

5+ years exp

Centreville Bank is seeking a Senior Commercial Credit Analyst who will be responsible for compiling and preparing financial information to make credit decisions for commercial loan requests. The role involves conducting comprehensive financial analyses and providing assessments of credit quality for commercial banking clients.

BankingCommunitiesFinancial Services

Responsibilities

Compiling and preparing financial information required to make credit decisions for commercial loan requests

Preparing the financial analysis to make credit decisions

Contributing to the loan decision process

Monitoring the existing loan portfolio and evaluating credit risk

Providing project assistance as required by the VP Commercial Underwriting Manager and Chief Credit Officer

Providing an independent assessment of credit quality for existing and prospective commercial banking clients by conducting comprehensive financial analyses

Scrutinizing financial statements or income tax returns and performing detailed financial statement analysis, trend analysis, industry assessments, collateral valuations, cash flow analysis and evaluation of the ability to repay required debt service

Examining, analyzing, and evaluating a variety of documents and business structures, and utilizing independent judgment to determine and document the degree of proposed transaction risk when compared to Credit policy

Extrapolating data from financial statements, tax returns, credit agencies, online searches, and all other available resources to analyze cash flows, develop projections, prepare detailed property descriptions and market analysis, tenancy analysis, property valuations, construction budget analysis with sources and uses, guarantor/sponsor personal financial statements and cash flows, and real estate holdings analysis

Spreading financial statements and tax returns and performing industry peer analysis to perform detailed credit analysis and risk assessments

Performing other duties assigned, and all duties in accordance with Bank policies, procedures and the applicable regulatory compliance guidelines

Understanding and ensuring compliance with all Federal and State Regulations and internal banking policies and procedures

Working with lenders to ensure all post-closing missing items are received and delivered to Loan Servicing

Completing projects as assigned by the Commercial Credit Underwriting Manager or Chief Credit Officer

Maintaining current knowledge and consistent compliance with regulations, bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements

Qualification

Commercial credit analysisFinancial statement analysisRisk assessmentAnalytical skillsProblem-solvingCommunication skillsOrganizational skillsTeam player