Commercial Credit Analyst

Location: Onsite (Greenfield, MA) for 3-6 months to start, then hybrid.

About the Role

The Commercial Credit Analyst will primarily prepare written analyses of commercial loan requests and completion of annual reviews. The analyst will take direction primarily from the Commercial Credit Officer in working with all members of the commercial lending team on a daily basis. This person should have excellent communication skills, both written and oral, and be able to handle multiple tasks and special projects in commercial credit as required. This person will also assist in all administrative functions of the department.

Responsibilities

• Assist Commercial Credit Department in preparing analyses of commercial loan requests.
• Assist in completion of annual reviews.
• Spread financial statements, analyze cash flow, review ratios, and include results in loan proposals utilizing the nCino platform.
• Analyze financial statements, provide income statement/balance sheet analysis, explain impact of balance sheet changes/trends, and discuss margins/trends in the income statement.
• Determine GSB exposure and assemble relationship data on existing loans/deposits, borrower background, industry data, and identify risks.
• Assist in preparing loan proposals/reviews in coordination with the Credit Administration Manager.
• Prepare annual loan reviews of commercial relationships as required by policy.
• Evaluate financial stability and debt service capacity, management strength, collateral coverage, loan structure, risk assessment, economic environment, and industry concerns and their possible effects on the commercial relationship.
• Run credit bureau reports on borrowers & guarantors in GSB commercial relationships.
• Assist in determining the collateral position of borrower utilizing appraisals and financial statements as part of analysis.
• Track receipt of financial statements on most borrowers/guarantors.
• Complete credit inquiries and accountant confirmation requests on commercial customers.
• Assist in ordering commercial appraisals as needed and completing appraisal reviews.
• Assist in preparation for external and internal audits and loan review.

Requirements

• Minimum of 1 year experience in commercial loan underwriting/analysis.
• Good understanding of accounting principles and financial statements, with strong analytical skills and a focus on accuracy and detail.
• Must be coachable but have the ability to work independently.
• Excellent written and oral communication skills.
• Ability to prioritize workflow, solve problems, and think creatively to understand complex credit relationships.
• Good time management and project management skills.
• Proficiency with various software, including FISERV Cleartouch, Word, and Excel applications.