Senior Commercial Credit Analyst (On Site)

Posted 2 Days Ago
Be an Early Applicant
Poughkeepsie, NY, USA
In-Office
110K-115K Annually
Senior level
Fintech • Software • Financial Services
The Role
Underwrite and analyze commercial loans including leveraged loans, commercial lines, time notes, mortgages, and credit cards. Prepare presentations and recommendations for approval, manage leveraged loan portfolio and renewals, assist with policy review, reporting, training, and underwriting software support, and ensure compliance with banking regulations.
Summary Generated by Built In

The Senior Commercial Credit Analyst position has primary responsibility of underwriting leveraged loans, underwriting the larger and most complex requests for commercial loans, commercial lines of credit, commercial time notes and commercial mortgages as well as managing the leveraged loan portfolio. The Sr. Commercial Credit Analyst will also be responsible to underwrite credit cards.

Essential Job Functions:

  • Underwriting loans according to the Bank’s credit policy and making recommendations for approval or declination.
  • Thorough analysis, presentation, and recommendation of loan requests to approving authorities.
  • Underwriting leveraged loans and managing the review process for leveraged loans.
  • May be granted lending authority and may be eligible for Officer level titles as determined by Senior Management.
  • Assists in reviewing the Bank’s policies effecting commercial lending (Commercial Credit Policy, Lending Limits Policy, etc.), and departmental procedures.
  • Responsible for scheduling and assigning monthly renewals to the analyst team.
  • Assist the VP, Credit Administration Manager and AVP, Commercial Credit and Portfolio Management in preparing weekly, monthly and quarterly reports as needed.
  • May be asked to assist with any underwriting software administrative/technical issues and utilization as well as other technology utilized by the Department.
  • Responsible for assisting management with the training of department interns and new staff.
  • Efficient interaction with external and internal customers, accountants and other centers of influence.
  • Knowledgeable of bank and commercial lending processes, departmental information systems and software and applicable legal, compliance, and Federal and State regulatory requirements.
  • Competence in the Microsoft Office suite, primarily Outlook, Excel and Word.

Education & Experience:

  • BA/BS degree in Business Administration, Finance or Accounting and a minimum of 3 to 5 years of commercial credit experience.
  • An MBA is preferred.
  • Should have strong knowledge of the bank’s credit policy, goals and expectations, and Federal and State banking regulations.
  • Require a solid understanding of accounting practices, financial statements/tax returns and an ability to identify risk.

Salary Range: $110k - $115k

Rhinebeck Bank: Local. Involved. Responsible.

If you are talented, motivated and can get things done, we have career opportunities for you. We are looking to hire people who want to excel. We will grow your career through coaching, mentoring and supportive management.

As an Equal Opportunity / Affirmative Action Employer, Rhinebeck Bank will not discriminate in its employment practices due to an applicant's race, color, religion, sex, national origin, veteran or disability status, sexual orientation, gender identity, transgender status, or any other characteristics protected under applicable law.

Skills Required

  • BA/BS degree in Business Administration, Finance or Accounting
  • 3 to 5 years of commercial credit experience
  • MBA
  • Strong knowledge of bank credit policy and Federal and State banking regulations
  • Solid understanding of accounting practices, financial statements and tax returns, and ability to identify risk
  • Competence in Microsoft Office (Outlook, Excel, Word)
  • Experience underwriting leveraged loans and complex commercial lending requests
  • Ability to prepare reports and present loan requests to approving authorities
  • Experience managing loan portfolios and assigning monthly renewals
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The Company
HQ: Poughkeepsie, New York
163 Employees
Year Founded: 1860

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)

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