We are seeking a highly motivated and detail-oriented individual to join our team as a Credit Review Analyst II. The successful candidate will be responsible for conducting thorough analyses of financial statements and assessments for accuracy in loan presentations. The candidate will perform a complete review of the loan presentations to ensure that they are accurate, concise, and maintained at the highest level of bank policy standards. The role requires the analyst to have fundamental knowledge of financial statements, critical analytical skills, and an understanding of credit criteria necessary for loan approval.
The daily duties include, but are not limited to, reviewing the loan presentations that are prepared by credit analysts in various groups (specialty, middle market/real estate, community/SBA), and occasionally by portfolio analysts, and assist the credit review manager in training new hires within the team.
ESSENTIAL FUNCTIONS
- Identify any errors, miscalculations and incomplete parts of analysis
- Evaluate the appropriateness of any underlying assumptions or adjustments made by the underwriter to develop the future cash flows analysis, usually for franchisees (Restaurants and Car dealerships)
- Evaluate the accuracy and validity of construction budgets, rental rolls, property valuations and profitability analyses for Real Estate
- Determine whether the stated risk factors are adequately addressed by the mitigants
- After thorough review/evaluation, the Credit Review Analyst II provides the correct analyses, suggestions, and additional support/language to be included in the presentation
- Ensure compliance with the Bank and loan policy
- Assist in training new hires within the team
QUALIFICATIONS
- Bachelor’s degree in finance, accounting or quantitative related fields
- Strong quantitative experience
- 0 -3 years of working experience
- Ability to effectively manage competing deadlines for projects in a high-pressure work environment
- Strong attention to detail and ability to notice discrepancies in data
- Impeccable understanding of financial statements, ratios and financial concepts
What We Do
Since 1960, Northern Bank has been the banking partner of choice for businesses and consumers throughout New England. We take an entrepreneurial, commonsense approach to providing a complete line of banking solutions. We are deeply invested in the communities we serve and passionately committed to helping you, our customers, grow. Thanks to the unwavering dedication of our team and the loyalty of our customers, we have been named the #1 performing Community Bank in New England for seven straight years and #1 in the United States in 2015.
Northern Bank provides businesses and individuals with deposit and cash management services, commercial and franchise financing, residential mortgages, and wealth management services. We currently operate 12 branches in the Greater Boston market. For more information, contact us at 800-273-6908 or visit www.nbtc.com. Member FDIC | Equal Housing Lender.
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