Rhinebeck Bank is committed to providing exceptional service and financial solutions to our customers. We value talent, growth, and collaboration. We are seeking a Commercial Credit Analyst I to join our dynamic team. This position offers an exciting opportunity to grow and develop within the banking industry while supporting our Branch Managers and commercial lending team.
Job Summary:
As a Commercial Credit Analyst I, you will be responsible for analyzing requests for Branch Manager-level new money commercial loans, commercial line of credit renewals, express loans, annual reviews, credit cards, and PPCs. The role offers the potential for career advancement into a Commercial Credit Analyst II. The ideal candidate will have a strong foundation in commercial credit analysis and a passion for professional development.
Essential Job Functions:
- Underwrite commercial loans in accordance with the bank’s credit policies, providing recommendations for approval or declination.
- Conduct thorough analysis and prepare detailed, written presentations of loan requests for submission to approving authorities.
- Maintain efficient and effective communication with external and internal customers, accountants, and other stakeholders.
- Assist with detail-oriented projects and ad-hoc requests as needed.
- Develop and maintain a comprehensive understanding of the bank’s lending processes, systems, and regulatory compliance.
- Collaborate with team members and contribute positively to a cooperative team environment.
- Utilize Microsoft Office Suite (Outlook, Excel, Word) for reporting, analysis, and communication.
Education & Experience:
- Bachelor’s Degree in Finance, Accounting, or a related field required.
- At least 1 year of commercial credit experience is preferred.
- Completion of a Credit Training Course is preferred.
Other Qualifications:
- Strong attention to detail and analytical skills.
- Ability to work efficiently under pressure and meet deadlines.
- Collaborative mindset with the ability to contribute to team goals.
- Proactive attitude towards learning and staying up to date with industry trends and regulatory requirements.
Salary Range: $60,000 - $65,000
Equal Opportunity Employer Statement:
As an Equal Opportunity / Affirmative Action Employer, Rhinebeck Bank does not discriminate in its employment practices based on race, color, religion, sex, national origin, veteran or disability status, sexual orientation, gender identity, transgender status, or any other characteristics protected by law.
Skills Required
- Bachelor's Degree in Finance, Accounting, or related field
- Commercial credit experience (at least 1 year preferred)
- Completion of a Credit Training Course
- Proficiency with Microsoft Outlook, Excel, Word
- Strong attention to detail and analytical skills
- Ability to work efficiently under pressure and meet deadlines
- Collaborative mindset and ability to contribute to team goals
- Proactive attitude toward learning and staying current with industry trends and regulations
What We Do
Rhinebeck Bank is a full service, locally focused bank headquartered in Poughkeepsie, NY. We offer a full range of personal checking, savings, money market and certificates of deposit as well as, home equity lines of credit and mortgages. For commercial customers we offer a broad variety of products and services for sole proprietors, partnerships, and corporations. We have expanded our product line to include insurance and investment services and recommitted ourselves to exceptional customer service. (Rhinebeck Bank, Member FDIC, Equal Housing Lender, all loans subject to credit approval, NMLS #: 477976)
