Commercial Credit Officer

Description

Southbridge, MA | Commercial Lending | On-site

Savers Bank is looking for a Commercial Credit Officer to play a key role in our commercial lending process. You’ll analyze new requests and annual reviews, help transactions move from application to closing, and give lending partners and decision-makers the insight they need to make sound decisions.

This role is for someone who enjoys rigorous analysis, takes ownership of deadlines, and works well with lenders, colleagues, and customers.

• Your judgment matters. Your analysis will help shape commercial credit decisions and support the quality of the Bank’s loan portfolio.
• You’ll see the whole transaction. You’ll work with lending and credit partners from initial review through closing, rather than focusing on one isolated step.
• You’ll have a voice at the table. Your written analysis, reports, and recommendations will help leaders understand opportunities and risks.
• You’ll support local businesses. Your work contributes to lending decisions that affect businesses in the communities Savers Bank serves.
• You’ll help strengthen the team. You’ll have opportunities to improve processes, share your knowledge, and guide developing credit analysts.

• Analyze borrower and guarantor financial statements, cash flow, repayment capacity, collateral, and other information to assess commercial credit risk.
• Prepare clear, well-supported credit analyses for new transactions and annual reviews.
• Evaluate industry information and external reports, identify concerns, and communicate findings to lending and credit partners.
• Work with the Credit Administrator to keep transactions moving, anticipate missing information or potential delays, and help coordinate Credit Committee activity.
• Maintain accurate loan and customer records and support internal, board, and regulatory reporting.
• Partner with other departments to resolve commercial customer and transaction needs.
• Support the preparation and execution of credit and legal documentation.
• Help develop procedures, improve workflows, and support the tools and vendors used by the commercial credit team.
• Provide guidance to junior credit analysts and, when needed, support the Commercial Credit Manager or assist with workout matters.
• Participate in community service opportunities that support Savers Bank’s local mission.

Requirements

• At least five years of experience in commercial lending or financial-services support, with substantial exposure to commercial credit analysis.
• The ability to assess financial information, identify risk, and present a clear, defensible conclusion.
• Experience with commercial loan documentation, financial spreading tools, and credit tracking systems.
• Strong writing and communication skills, including the ability to explain complex findings to different audiences.
• Sound judgment, attention to detail, and the ability to manage several transactions and deadlines at once.
• Proficiency with Excel, Word, and Outlook, and the ability to learn Bank systems.
• A bachelor’s degree, preferably in finance, accounting, or business administration. Relevant commercial lending or credit training is a plus.

Familiarity with commercial lending compliance and reporting requirements, including CRA, Regulation B, HMDA, and UCC filings, is valuable. Core banking system experience is also an advantage.

This position is based at our Operations Center in Southbridge, Massachusetts, and requires daily on-site attendance.

If you enjoy connecting the financial details to the bigger picture—and want your analysis to make a meaningful contribution to a community bank—we’d like to hear from you.

Savers Bank is an equal opportunity employer. We consider qualified applicants without regard to any status protected by applicable law.