Credit Analyst

*Please note, this position is on-site in Springfield, MA 

Primary Summary:

Under general supervision of the Commercial Credit Manager, and in accordance with established policies and procedures, performs credit analysis on all Member Business Loans.

Essential Functions/Position Responsibilities:

• Perform a thorough financial, cash flow, ratio and trend analysis on each Member Business Loan application.
• Prepare an objective and comprehensive written presentation which includes an assessment of the strengths and weaknesses of a credit while adhering to Member Business Loan Policy standards.
• Determine collateral adequacy: consideration of asset availability, familiarity with real estate appraisal and environmental regulations.
• Make recommendations to the Commercial Credit Manager on viability and risk of a new loan/relationship.
• Perform annual reviews of existing portfolio based on updated financial information including adherence to covenants and risk rating appropriateness.
• Spread financial statements.
• Assist with portfolio tracking systems.

Position Requirements:

• BS degree in business or related field
• Minimum of 1-3 years of relevant experience
• Understanding of accounting principles
• Knowledge of business and personal financial statements
• Strong analytical and underwriting skills
• Ability to use Microsoft Word and Excel extensively
• Strong written and oral communication skills required
• Organizational skills/ability to prioritize and handle a multitude of responsibilities, meet deadlines
• Proficiency in financial analysis software
• Will be required to work outside of scheduled hours to respond to positions issues.