Credit Analyst

Description *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.

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.