Senior Credit Analyst

About the role

Responsible for analyzing moderately complex to complex commercial real estate credit transactions and relationships. Monitor the credit worthiness of the Bank’s customers and applicants.

Essential Duties & Responsibilities

• Perform credit analyses of existing and prospective loan accounts
• Write detailed narrative reports regarding the relationship, including the history of the relationship, a review of financial data, collateral coverage, ability to service debt and the risks
• Request and review personal and business financial statements, tax returns and other pertinent financial information
• Prepare various written loan reports including: loan presentations, loan modifications, and credit file comments as needed in accordance with the Bank’s loan policy and procedures and state and federal banking regulations
• Recommend appropriate loan risk rating
• Review loans for covenant compliance
• Review and maintain credit files
• Assist commercial loan officers with customer inquiries and servicing requests
• Perform additional duties as requested, needed or assigned

Job Requirements

• Excellent financial analytical skills with sound judgment and decision making abilities
• Strong written and verbal English communication skills and ability to interact with all levels of management, peers and customers
• Solid knowledge of personal/business financial statements and tax returns
• Strong knowledge of commercial real estate lending practices and related areas
• Strong knowledge of financial institution policies and procedures
• Strong organizational and prioritization skills to meet deadlines
• Ability to handle multiple projects
• Working knowledge of Microsoft office applications
• Highly self-motivated
• Superior customer service skills
• Ability to adhere to Needham Bank’s Core Values

Education & Experience

• Bachelor’s degree in Business Administration/Accounting/Finance or related area
• At least five years of bank credit experience or related bank experience in underwriting and analyzing business financial statements and tax returns is preferred
• Experience underwriting commercial real estate loans including construction, land development, and income producing properties is required

Benefits

• Competitive salary
• Full benefits package including fully paid medical and dental insurance, HRA, 401(k) plan with an 8% bank match, paid time off (PTO), paid holidays, a bonus program, flexible spending accounts, vision service plan, group term life insurance, short- and long-term disability insurance, tuition reimbursement, and an Employee Assistance Program

Working Conditions/Physical Demands

Normal business office environment