Credit Analyst

Division:             Commercial

Department:       Commercial        

Status:                Exempt

Grade:                 9

Salary Range:    $64,000-$103,000

Actual compensation within the pay range will be decided based on factors including, but not limited to, skills, prior relevant experience, and specific work location.

Location:           Yorktown, NY

Job Duties and Responsibilities

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  Primary responsibilities include analyzing and underwriting credit requests for Bank prospects and customers and to maintain and monitor loans within the portfolio under the supervision of lending officers.

  
  

   

  
  

  ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.  Other duties may be assigned.

  
  

   

  
  
  
  
  1.  Analyze and underwrite credit requests in a timely fashion by using some or all of the following resources:  applications, spreads, financial statements, tax returns, credit bureaus, meetings with customers/prospects, appraisals, web research and other resources as necessary.
  
  
  2. Discuss deal structure, cash flow, collateral, and customer calls and interact extensively with customers in person and over the phone.
  
  
  3. Present analysis in written proposals for appropriate approvals and present as directed to the appropriate approval authority.
  
  
  4. Accompany RM on customer calls and interact with customers, in person and over the phone as directed by lender.
  
  
  5. Interact with financial professionals including CPA’s, CFO’s, listing agents, brokers, appraisers, etc. as needed to assist in the underwriting of credit memos and other tasks for the department.
  
  
  6. Prepares loan memorandums.
  
  
  7. Conducts market surveys through contact with brokers, online research, etc.
  
  
  
  

   

  
  

   

  
  

  Job Specifications

  
  

   

  
  
  
  
  • Bachelor’s Degree in Business, Finance, Accounting, Economics, or equivalent work experience
  
  
  • A minimum of (2) years of commercial credit experience
  
  
  • Excellent written and oral communication skills
  
  
  • Excellent interpersonal skills and a team orientation
  
  
  • Excellent critical/analytic thinking skills
  
  
  • Self-driven and highly accountable
  
  
  • Ability to multi-task on several responsibilities effectively and meeting all expected deadlines and expectations set by the loan team or your manager.
  
  
  • Understanding of Banking compliance requirements
  
  
  • Be well versed in the Bank’s credit policy and underwriting standards
  
  
  
  

   

  
  

  QUALIFICATIONS

  
  

  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  
  

   

  
  

  TECHNOLOGY SKILLS

  
  

  Position requires computer familiarity in Windows operating environment using MS Office applications, excel, e-mail and internet programs and the aptitude to adjust to new software as required.

  
  

   

  
  

  CERTIFICATES, LICENSES, REGISTRATIONS

  
  

  Valid Driver’s License

  
  

   

  
  

  PHYSICAL DEMANDS 

  
  

  The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  
  

   

  
  

  While performing the duties of this job, the employee is required to sit, to make repetitive motions of the wrists, hands and fingers and to finger, using primarily the fingers instead of the whole hand.  The employee is also required to see, talk and hear, to utilize close vision at 20” or less.  The incumbent must occasionally lift and/or move up to 10 pounds and to utilize distance vision at 20’ or more.

  
  

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Berkshire Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.