Credit Analyst
Peabody, Full-time
Summary
Analyzes, examines, and researches various sources of information to determine the risk/profitability of various commercial credit offerings, modifications, renewals and existing loan relationships. Provides support to the Commercial Lending department in all phases of loan portfolio maintenance and management. Communicates clearly with the Bank’s internal and external customers.
- Analyzes relevant financial information (credit data, tax returns, financial statements, market share, etc.), determines appropriate structure for complex loan proposals, modifications, renewals and reviews, makes recommendations for approval/denial in accordance with the Bank’s asset quality and profitability goals and objectives.
- Analyzes relevant information (spreading financial data, analyzing company, industry, and real estate data and trends) and determines appropriate risk ratings based on customer relationships, in accordance with the Bank’s lending policies.
- Determines compliance with specific covenants including, but not limited to: debt service coverage, leverage, collateral, guarantors, etc.
- Interprets loan-related policies and procedures, and utilizes such knowledge during the course of performing position responsibilities.
- Works closely with Loan Officers to manage customer accounts/relationships.
- Maintains organized credit files.
- Assists in requesting periodic financial information from borrowers.
- Assists in ordering and reviewing appraisals and environmental reports from Bank vendors.
- Takes a leadership role in credit work process/technology-related special projects, as needed.
- Serves as a member of the Bank’s Loan Quality Committee.
Position Specific Requirements
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- Associate’s Degree required; Bachelor’s Degree in Business, Accounting or Finance preferred.
- Minimum three years’ banking experience required.
- Developed knowledge of credit, market research, and financial statement analysis techniques required.
- Ability to fluently read, write, speak, and understand the English language required.
- Demonstrated ability to write professional, comprehensive and easy to understand business reviews and financial models required.
- Excellent analytical, decision making, organizational, and time management skills required.
- Ability to adapt to changes in the work environment, manage competing demands and deal with frequent change, stress and/or unexpected events required.
- Proficient use of computers and technology required (i.e. Internet, PCs, tablets, smartphones, MS Office, etc.); Moody’s Risk Analyst and COCC experience preferred.
The above statements are intended to describe the general nature and level of work being performed by people assigned to do this job. The above is not intended to be an exhaustive list of all responsibilities and duties required.
*External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis. EOE/AA/M/F/Vet/Disability
About Working at Eagle Bank
We are a thriving, independent community bank, fully immersed in the evolution of a brand culture that is rooted in the heart of our organization. Together, we stand united in the knowledge that we are people who want to make a difference and be part of something bigger than ourselves. We do this through demonstrated:
- Passion and Drive
- Highly motivated professionals driven to succeed
- Shared Vision and Thinking
- Unwavering commitment to collaboration
- Focus and Performance
We expect the highest performance level from ourselves and our coworkers, and we hold each other accountable in our pursuit of this expectation.
We encourage and support continued learning to help us grow as individuals, personally and professionally. We foster and create opportunities for our continued success, recognizing and rewarding all those who make it possible.
We’re looking for qualified candidates who are authentic, optimistic, respectful, and inspire belief to stand united with us as a valued member of the Eagle Bank team.