Credit Analyst II

BankTalent HQ
Commesurate with Experience
United States, Massachusetts, Whitinsville
Jan 05, 2025
Opportunity Overview: We have a Unique opportunity for an early to mid-career level analyst interested in expanding their skill set to become part of our Credit and Collections team. This position reports directly to our Chief Credit Officer and will also work closely with the Commercial Loan team. We're looking for someone who believes in the mission of a community bank, who is excited to learn, holds themselves and their co-workers to impeccable standards and thrives in an environment where you'll be rolling up your sleeves and working along-side each other every day. You're an individual who possesses strong relationship skills, enjoys challenges and is looking for an opportunity to be part of and support an exceptional team. Position Overview: The Credit Analyst II assists the Chief Credit Officer in ongoing credit administration as well as underwritings in the Commercial Loan portfolio. Essential Duties: Develops and prepares detailed financial analyses on financial statements of complex existing and prospective customers to determine credit worthiness, collateral coverage, debt service capacity and risk profile. Analysis will include comprehending fund accounting for lending to not-for-profits, lending to non-owner-occupied real estate and cash flow lending. Spreads financial statements on Financial Analyzer. Drafts commercial loan proposals for presentation to the Board of Investment. Presentations will include financial analyses as well as integrating relevant external factors such as management, market, industry and economic climate. Presents analysis, findings and recommendations to Sr. Credit Officer in reviewing portfolios of lending Officers, evaluates collateral, borrower's financial condition, debt service capacity and adequacy of file data. Assists in preparing written analysis and brings and problems to Sr. Credit Officer's attention. Prepares documentation for the internal loan review process requiring timely submission of credit write-ups, scheduling and preparing the agenda and minutes for review by internal and external examiners, auditors and regulators. Engages in ongoing contact with clients as well as accountants involving discussions of the financial statements. Maintains high quality credit files and monitors past due loans/expired facilities on an ongoing basis. Keeps up to date with the bank's lending protocols and identifies exceptions to policy. Participates in projects and performs other duties as assigned. Education, Training and Work Experience: Bachelor's Degree in finance, business or other related field of study is required Minimum 3 years commercial credit or commercial lending experience required; 5 years preferred Ability to prioritize tasks within defined responsibilities Knowledge of general banking operations and activities is desired Must possess excellent analytical & numeric skills Strong interpersonal and teamwork skills are needed. Must be organized and able to multi-task while managing several items simultaneously. Demonstrated computer literacy in all Microsoft applications is necessary for success. Proven ability to work independently with limited supervision Ability to clearly articulate ideas and information consistently, effectively in both written and verbal communications. About UniBank We are UniBank, a team of civic-minded financial professionals and all-around great people working together to enrich people, businesses and municipalities across New England. We don't abide by the doctrine of big, national banks. What we believe is different. What we believe is unique. We believe in our community. And we believe in the people who live here. We believe in committing time and financial support to local nonprofits. We believe in finding innovative solutions for affordable housing, community development and independent business. And yet, we are bankers. We are a mutual bank, owned by its customers, dedicated to local service. We are technology leaders. Since launching our first online payment platform in 2003, we've never stopped delivering the most effective technology to our customers. We are a unique blend of consumer, civic and business banking with more than 150 years of history. We are an exception to the rule. We are unique. Unique to people. Unique to business. Unique to local government. We are UniBank. Bank Different. Bank Unique. This position is not subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, status as a veteran or as an individual with a disability. Participant in E-Verify