- Mastery of the Bank's loan policy.
- Mastery of the Bank's credit department procedures.
- Independently manage reporting that effectively and efficiently monitors the risk profile of the Commercial Lending and Small Business Lending portfolios, including risk rating migration, policy exceptions, and assisting with concentration analysis and management, and risk-based portfolio analytics.
- Drive for results in analyzing risk rating migration reports for apparent trends and notable changes in the makeup of the portfolios, sharing results with the Director of Credit on a quarterly basis to better predict portfolio performance and enable sound approval decisions.
- Provide accurate, concise explanations of loan policy exceptions for justification to loan committees, the Board of Directors, and external auditors. Analyze loan policy exception reporting for apparent trends and exercise independent judgement in making loan policy revision recommendations to the Director of Credit on a quarterly basis.
- Maintain the risk ratings of Branch assigned small business loans in accordance with loan policy through the analysis of payment performance and information on hand.
- Complete financial spreads for the Bank's existing and prospective business customers, including the calculation of various analytical ratios testing liquidity, leverage, debt to income, and debt service coverage. Make decisions on customization of the analytical ratios based on type of customer, nature of operations, and industry.
- At inception of the underwriting process, review file to assure all necessary information and documentation has been received. Work with Account Officers to obtain any missing information or documentation.
- Underwrite the Bank's most complex loan requests. Underwriting document to include narrative on the nature, history, and ownership of all borrowers and guarantors, detail on the structure and usage of each loan, collateral analysis on each loan, overview of reporting requirements, covenant compliance analysis, borrowing base compliance analysis, complete credit analysis on all borrowers and guarantors, identification and mitigation of exceptions to the Bank's loan policy, and an overview of the strengths and weaknesses of the relationship.
- Make recommendations to the Account Officers based on the structure of the transaction and controls of the transaction.
- Assign risk ratings to new loans and review existing risk ratings for accuracy, recommending adjustments as necessary.
- Mentor more junior members of the Credit Department, which may or may not include the review of workbooks, spreads, and submissions at the direction of the Director of Credit.
- Approve/decline underwriting submissions within authority limits.
- Attend committee meetings and present underwriting document in conjunction with the Account Officer. Answer any questions that may arise related to the underwriting document. Articulate recommendation to approve or decline and support recommendation.
- Provide credit investigation for the Bank's most complex loan requests and/or workouts for use by Account Officers and committees.
- Efficiently manage workflow and meet deadlines with general direction.
- Promote the Bank and the Bank's services.
- Provide prompt and courteous service to all external and internal customers.
- Must have a bachelor's degree in accounting or finance OR a bachelor's degree in business, economics, or mathematics with advanced coursework in accounting or finance. An MBA is a plus.
- Must have 4-7 years' experience in a business lending credit function.
- Must have a working knowledge of the standard suite of MS Office Products, with advanced knowledge of MS Word and MS Excel.
- Ability to manage multiple priorities, function independently, meet deadlines, and work effectively in a team environment.
- A high performer exhibiting initiative in departmental responsibilities and projects.
- Solid written and verbal communication skills.
-
Credit Analyst
12 hours ago
Newtek One Lake Success, United StatesNewtekOne, Your Business Solutions Company, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek brand to the small · - and medium-sized business ("SMB") market ...
-
Senior Credit Analyst
5 days ago
Newtown Savings Bank Newtown, United StatesNewtown Savings Bank · is seeking a high performing Commercial Credit professional with 4-7 years' experience for the role of · Senior Credit Analyst . This position is responsible for the independent management of robust reporting that effectively and efficiently monitors the ...
-
Credit Analyst
4 days ago
Creative Financial Staffing Branford, United StatesCredit Analyst · Why this Credit Analyst Opportunity? · 100% benefits paid for. · Newly created position due to growth. · Bonus structure. · Annual raises. · Stock options. · Growth potential · 401k 3% match. · Responsibilities of Credit Analyst: · Receive customer application, q ...
-
Credit Analyst
5 days ago
Creative Financial Staffing Branford, United StatesCredit Analyst · Why this Credit Analyst Opportunity? · 100% benefits paid for. · Newly created position due to growth. · Bonus structure. · Annual raises. · Stock options. · Growth potential · 401k 3% match. · Responsibilities of Credit Analyst: · Receive customer application, q ...
-
Credit Analyst
1 week ago
Creative Financial Staffing Branford, United StatesCredit Analyst · Why this Credit Analyst Opportunity? · 100% benefits paid for. · Newly created position due to growth. · Bonus structure. · Annual raises. · Stock options. · Growth potential · 401k 3% match. · Responsibilities of Credit Analyst: · Receive customer application, q ...
-
Credit Analyst
2 days ago
The Rockridge Group Fairfield, United StatesJob Description · Job DescriptionJob Title: Credit Analyst · Location:186 US-46, Fairfield , NJ 07004 · Duration: Temp to Perm · Office status: Hybrid Manager Notes: This person will be responsible for determining the credit worthiness of our clients, and will work closely wit ...
-
Credit Analyst
5 days ago
Creative Financial Staffing (CFS) Branford, United StatesJob Description · Job DescriptionCredit Analyst · Why this Credit Analyst Opportunity? · 100% benefits paid for. · Newly created position due to growth. · Bonus structure. · Annual raises. · Stock options. · Growth potential · 401k 3% match. · Responsibilities of Credit Analyst: ...
-
Credit Analyst
3 days ago
Elite Placement Group Branford, United StatesResponsibilities: · •Receive customer application, quote the loan package, and complete all follow-up documentation and activities to successfully close loans · •Develop and maintain a high degree of visibility for company in the marketplace, including growth into new geographi ...
-
Commercial Credit Analyst
3 days ago
gpac Bridgeport, United StatesJob Description · Commercial Credit Analyst Qualifications: · POSITION SUMMARY: The Commercial Credit Analyst will support the lenders in underwriting requests for credit extensions to new and existing commercial clients. They will perform detailed financial analysis for all len ...
-
Commercial Credit Analyst
2 days ago
gpac Bridgeport, United StatesJob Description · Commercial Credit Analyst Qualifications: · POSITION SUMMARY: · The Commercial Credit Analyst will support the lenders in underwriting requests for credit extensions to new and existing commercial clients. They will perform detailed financial analysis for all ...
-
CRE, Credit Analyst
5 days ago
jcw llc Bridgeport, United StatesJCW is recruiting for a Commercial Portfolio Management opportunity for a Commercial bank in Fairfield County, CT. The ideal candidate will have strong experience handling traditional Commercial Real Estate transactions. · Responsibilities:Analyzing financial data of CRE transac ...
-
Senior Commercial Credit Analyst
5 days ago
Thomaston Savings Bank Bristol, United StatesIf you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. · Senior Commercial Credit Analyst · Regular Full-Time · 2 - Professionals · Bristol, Bristol, CT, US · 30+ days ago · ...
-
Senior Commercial Credit Analyst
1 day ago
Thomaston Savings Bank Bristol, United StatesJob Description · Job DescriptionSenior Commercial Credit Analyst - In Office EmployerCome put your credit analysis skills to work with Thomaston Savings Bank and help us celebrate our 150th anniversary · Reports At: 203 Main Street, Thomaston CT · Role: The Senior Commercial Cre ...
-
Credit Analyst(Bilingual in Korean a must)
4 days ago
DHD Consulting Ridgefield, United StatesJob Description · Job DescriptionJob specifications include, but are not limited to: · [Insurance portfolio management] · Managing Trade credit insurance portfolios with team members. · Examine insurance policy documents and advise insurance risk management solutions to solve com ...
-
Transactional Services Analyst
5 days ago
OUTFRONT media Fairfield, United StatesAbout OUTFRONT · - We are one of North America's most innovative media companies. We leverage the power of creative excellence, unbeatable locations and smart audience data to change the game for advertisers. Our purpose as a company is to help people, places and businesses grow ...
-
Senior, Program Planning/Scheduling Analyst
10 hours ago
Arka Service Danbury, United StatesAs a Senior Program Planning/Scheduling Analyst, you will work in a cross-functional team collaborating with the business leaders and delivering real-time solutions to our clients. You will interface with program management, finance, internal/external customers, functional leads, ...
-
Finance Assistant A/R
1 day ago
CONNECTICUT INSTITUTE FOR COMMUNITIES INC Danbury, United StatesJob Description · Job DescriptionDescription:CIFC seeks to hire a full-time Finance Assistant A/R to work in our Finance Department. · This position is responsible for the following core functions and performs other tasks as needed: · A/R Processing and Collections (50%) · Assis ...
-
Managing Director, Financial Analytics
1 week ago
Webster Bank Waterbury, CT, United StatesIf you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial ban ...
-
Analyst, Leveraged Finance
1 day ago
Webster Bank Stamford, United StatesIf you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial ban ...
-
Analyst, Leveraged Finance
5 days ago
Webster Bank Stamford, United StatesIf you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people firstdoing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, ...
Senior Credit Analyst - Newtown, United States - Newtown Savings Bank
1 week ago
Description
Location:
Newtown, CT
Newtown Savings Bank is seeking a high performing Commercial Credit professional with 4-7 years' experience for the role of Senior Credit Analyst.
This position is responsible for the independent management of robust reporting that effectively and efficiently monitors the risk profile of the Commercial Lending and Small Business Lending portfolios.
Additionally, the role analyzes said reporting and recommends appropriate action to protect the Bank from credit risk. Is responsible for maintaining the risk ratings of Branch assigned small business loans in accordance with loan policy. Assigns risk ratings to new loans and reviews existing risk ratings for accuracy. Underwrites the Bank's most complex loan requests. Provides recommendations to Accounts Officers. Provides credit investigation for the Bank's most complex loan requests and/or workouts for use by Account Officers and committees. Assures conformity to Bank policies and procedures. Provides additional analysis and assists with projects as needed/assigned. This is an onsite opportunity at our Corporate office in Newtown, CT. This role has a remote option of one day per week.PRIMARY RESPONSIBILITIES
POSITION REQUIREMENTS
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Full time employees also receive a complete benefit package including a generous 401(k), medical benefits, paid time off, and short and long term disability programs.
Newtown Savings Bank is an equal opportunity and affirmative action employer regardless of race, gender, disability status, protected veteran status.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, age, marital status, national origin/ancestry, sexual orientation, gender identity, disability status, protected veteran status, or any other legally protected status.
