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Middlesex Savings Bank · 4 days ago

Credit Assistant

Natick, MA

Full-time

Onsite

Entry Level

$41K/yr - $63K/yr

1+ years exp

Middlesex Savings Bank is seeking a Credit Assistant to provide administrative support to the Credit Analysis Department. The role involves preparing credit analyses, supporting Credit Analysts, and ensuring compliance with regulatory guidelines while demonstrating strong communication and teamwork skills.

FinanceFinancial Services

Growth Opportunities

Responsibilities

Prepare weekly Senior Credit Committee distribution package, including completion of Agenda and Minutes. Prepare Minutes for quarterly Loan Portfolio Review meeting

Spread a variety of financial statements and prepare cash flow analyses

Assist Credit Analysts in the analysis process, including obtaining industry information, providing spreads and cash flow tables, and other support

Train with an assigned Senior Credit Analyst to further develop skillset

Under the guidance of assigned Senior Credit Analyst, analyze financial statements and provide interpretative analysis for use in loan decision making. May be assigned underwriting for renewals, modifications, or new money requests

Underwrite existing credits as part of the Bank’s routine portfolio monitoring. This includes mortgage and investment reviews as well as support of the annual portfolio monitoring reports presented to Senior Management, the Board, and other Bank Committees

Work with credit colleagues, lenders, lending assistants, and other departments on a routine basis, demonstrating strong communication and teamwork skills throughout

Support special projects within the Credit Analysis Department as required

Perform all duties in compliance with regulatory guidelines

Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and co-workers