Northeast Bank · 1 day ago
Senior Credit Analyst
Minneapolis, MN
Full-time
Onsite
Senior LevelNortheast Bank is a family-owned community institution dedicated to strengthening neighborhoods and making meaningful connections. The Senior Credit Analyst will work directly with lenders to prepare credit presentations, conduct thorough analyses, and participate in loan committees, ensuring comprehensive evaluation and compliance with financial standards.
BankingFinancial Services
Responsibilities
Works directly with lenders to prepare loan committee credit presentations, annual reviews, and other correspondence and memos, including those that do and do not require loan committee approval, on new and existing high-dollar and complex relationships. This process includes a thorough analysis of financial performance, both historical and projected, collateral evaluation, payment history, management capacity and ability, economic and competitive influences, risk rating assessment, and covenant establishment and compliance. Independently identifies any areas of concern within the analysis and works to resolve them either with lender or with other credit staff. Assists lenders in identifying cross-selling opportunities on credit presentations and attends off-site client calls with lenders as requested to assist in analysis. Presents credit to committee in lender’s absence
Works with Lender to identify items needed to complete analysis and update file for completeness. Works directly with the borrower when necessary to obtain additional information
Participates in loan committee by providing added insight and answering any unresolved questions
Works with others in analyst group to prepare quarterly reports on loan relationships risk-rated watch or worse. These reports include an analysis of the borrower’s repayment capacity, current collateral valuations, and other pertinent factors in assessing and measuring the risk associated with the relationship. Work with lenders to formulate and track progress of action plans associated with each relationship. Assesses validity of current risk rating and makes recommendations for any needed modifications
Monitors receipt of monthly borrowing bases, along with tracking of borrowing base formula compliance, and updating internal tracking systems. Restricts borrowing availability of borrower if warranted and notifies lender of the same
Facilitates the ordering and review of appraisals, including completion of compliance checklists and assessment of the overall validity of the report. Completes internal real estate evaluations as needed and required by loan policy. Completes construction loan balancing/monitoring. Performs off-site collateral audits as requested
Assists with preparation of loan committee minutes, pipeline tracking and other reporting as assigned
Qualification
Required
Works directly with lenders to prepare thorough analysis on credit presentations and annual reviews
Works with lenders to ensure files are complete and current
Actively participates in loan committees and presents for lenders when they are absent
Completes quarterly watch and problem loan reports
Monitors receipt of monthly borrowing bases and tracks covenant compliance
Facilitates ordering and review of appraisals
Independently identifies any areas of concern within the analysis and works to resolve them either with lender or with other credit staff
Assists lenders in identifying cross-selling opportunities on credit presentations
Attends off-site client calls with lenders as requested to assist in analysis
Participates in loan committee by providing added insight and answering any unresolved questions
Works with others in analyst group to prepare quarterly reports on loan relationships risk-rated watch or worse
Monitors receipt of monthly borrowing bases, along with tracking of borrowing base formula compliance
Facilitates the ordering and review of appraisals, including completion of compliance checklists
Completes internal real estate evaluations as needed and required by loan policy
Completes construction loan balancing/monitoring
Performs off-site collateral audits as requested
Assists with preparation of loan committee minutes, pipeline tracking and other reporting as assigned
Company
Northeast Bank
Northeast Bancorp (NASDAQ: NBN) is the holding company for Northeast Bank, a full-service bank headquartered in Lewiston, Maine.
Founded in 1872
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Richard Wayne
Chief Executive Officer
S
Santino Delmolino
Chief Financial Officer
Recent News
2025-12-18
2025-10-29
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