What are the responsibilities and job description for the Credit Analyst- Commercial position at KBW Financial Staffing & Recruiting?
Senior Credit Analyst- Commercial
Cambridge MA
Onsite 5 days to start, will drop to 1 day from home after training
$80K-120K Bonus.
Responsibilities
KBW789
Cambridge MA
Onsite 5 days to start, will drop to 1 day from home after training
$80K-120K Bonus.
Responsibilities
- Researches and examines credit risks, assesses credit history, and makes a recommendation to approve or disapprove extension of credit.
- Responsible for conducting financial, strategic and competitive analysis for both Business and Commercial real estate customers.
- Prepares loan documents and comprehensive credit proposals for Board presentations; assists management with presentation materials and approval process.
- Develops and analyzes property cash flow information.
- Provides an assessment of loan condition and quality, assigns credit grades on existing credits and oversees loan documentation as outlined in the Bank’s lending policies.
- Responsible for the tracking, collecting and reporting of loans that are incomplete due to missing documentation.
- Maintains a good working knowledge of the Bank’s lending policies and procedures and identifies deviations from policy.
- Responsible for presentation of written and oral reports to management.
- Conducts in-depth review and analyzes balance sheet and profit and loss statements presented by applicants for large commercial loans.
- Assesses liquidity, quality of management, market position and overall business climate to estimate future profitability of business.
- Provides technical advice and assistance to Commercial Lending Officers as needed.
- 3 years commercial credit experience
- bachelor’s degree in finance/accounting or equivalent work experience
- Ability to analyze financial statements and effectively prepare written analysis
- Proficient with Microsoft word and excel
- Working knowledge of Loan Vantage and COCC Insight preferred
KBW789