In this role, within the Credit Department, the Credit Review Analyst will review commercial loan writeups (including C&I, Real Estate and Specialty) to ensure accuracy and help to make recommendations for qualitative, technical and structural edits to the presentations. The role requires the analyst to have fundamental knowledge of financial statements, critical analytical skills, and a quantitative skillset. In this role, you will develop a strong understanding of all aspects of commercial credit analysis.
Key Responsibilities:
- Identify any errors in financial/Tax return analysis, loan structure, and incomplete parts of analysis
- Evaluate the accuracy and validity of construction budgets, rental rolls, property valuations and profitability analyses for Real Estate
- Evaluate the appropriateness of any underlying assumptions or adjustments made by the underwriter to develop the future cash flows analysis
- Determine whether the stated risk factors are adequately addressed by the mitigants
- After thorough review/evaluation, the Credit Review Analyst provides the correct analyses, suggestions, and additional support/language to be included in the presentation
- Ensure compliance with Bank and loan policies
- Strong academic background with bachelor’s degree in finance, economics, accounting, or other related quantitative fields
- Strong critical analysis, math skills, and attention to detail required
- Ability to multi-task, prioritize work, and adapt to changes in working environment required
- Ability to collaborate effectively with peers in various groups
- Ability to identify discrepancies in data and analyses
- Related work/internship experience preferred
Skills Required
- Bachelor's degree in finance, economics, accounting, or related quantitative field
- Fundamental knowledge of financial statements
- Strong critical analysis and quantitative/math skills
- High attention to detail
- Ability to multi-task, prioritize, and adapt to changing work environment
- Ability to collaborate effectively with peers across groups
- Ability to identify discrepancies in data and analyses
- Related work or internship experience
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. http://facebook.com/northernbankma http://twitter.com/northernbankma Social Media Guidelines: https://www.nbtc.com/customer-service/FAQs/what-are-our-social-media-guidelines-610
