Credit Analyst - Springfield, United States - New Valley Bank & Trust

New Valley Bank & Trust Springfield, United States

2 weeks ago

Description

Job Description

JOB SUMMARY

New Valley is seeking a talented, ambitious professional willing and able to contribute to the success of our new bank. Under the direction of the AVP Credit Officer, the Credit Analyst will work collaboratively to support the loan origination and ongoing monitoring initiatives of the Lending Department.

This is an entry-level client relationship management position. Qualified candidates will have seasoned credit underwriting background with a proven ability to evaluate and determine the credit risks of commercial clients and appropriate structure of loan requests through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.

ESSENTIAL KEY FUNCTIONS

Analytical skills Problem-solving skills Judgement skills Ability to prioritize work in a fast-paced high-volume environment while maintaining accuracy and turn-around times. Ability to stay focused
Works with Loan Officer on New Loan requests including but not limited to an initial financial analysis and obtaining a complete financial package to prepare, summarize, presents facts, and offers opinions concerning credit worthiness of commercial customers; reviews and analyzes criteria to assign an overall risk to credit. Develops credit analyses for use by lending officers or committees in the making of lending decisions on new credit approvals and renewals
Essential Functions Coordinate with Loan Officers to assist in collection of financial information from portfolio customers.
Analyzes and reviews data on new loans as well as portfolio loans, reviews for signs of credit issues
Monitors annual review/renewal process including file comments and loan presentations for assigned credit requests.
Maintains and tracks, and reports on Banks policy exceptions.
Assists in timely complete of Annual Reviews throughout the portfolio, including working with Loan Servicing to update existing NOIs, and DSCR upon review.
Communicates with customers to request and track the receipt of required financial information to be completed in tandem with Lenders, Portfolio Managers and Credit Analysts balanced with prioritizing new money transactions.
Submits appraisal order requests and bids. Submits Flood Determination requests and follows through with proper procedures when property is located in a flood zone.
Orders environmental reports and submits to Loan Officer for review. Completes compliance review including but not limited to, CRA, Government Monitoring, and Joint Credit.
Assist in taking Directors Loan Committee meeting minutes.
Must complete BSA, AML, and other regulatory and continuing education as assigned. Must adhere to all bank and regulatory policies and procedures specific to position. Position Qualifications Assumes additional responsibilities as requested.
Monitors and tracks for financial statements received from existing borrowers, and scans or saves electronically to files with appropriate naming conventions.
Adheres to applicable compliance/operational risk controls in accordance with regulatory standards and policies
Maintains New Valley control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Completes other related duties as assigned including customer onboarding and systems related maintenance. Additional tasks include reporting to the Federal Reserve via the Main Street Lending platform program.

EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER

New Valley Bank and Trust is committed to diversity and inclusion. We recruit and employ the best qualified individuals without regard to race, religion, color, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or other non-merit-based factors. Equal employment opportunity applies to all personnel actions.

QUALIFICATIONS

Education

Minimum of 3 years' experience in commercial credit or public accounting, preferred
Bachelor's degree in Accounting, Finance, Business, or related field preferred

Skills and Experience

Strong knowledge commercial loan documentation; working knowledge of banking laws and regulations, relating to the documentation and servicing of loans
Excellent organizational, verbal, and written communication, and computer skills, including proficiency in Microsoft Word and Excel
Excellent customer service skills with a high degree of professionalism and positive demeanor
Strong organizational skills with the ability to prioritize a multitude of assignments
Excellent oral and written communication skills

Physical Requirements

Ability to stand or sit for extended periods
Ability to communicate clearly and concisely

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Duties, responsibilities, and activities may change at any time without notice.

Credit Analyst

12 hours ago

New Valley Bank & Trust Springfield, United States

JOB SUMMARY · New Valley is seeking a talented, ambitious professional willing and able to contribute to the success of our new bank. Under the direction of the AVP Credit Officer, the Credit Analyst will work collaboratively to support the loan origination and ongoing monitorin ...
Credit Analyst

2 weeks ago

PeoplesBank Holyoke, United States

Job Description · Job DescriptionWelcome to PeoplesBank We are the largest mutually chartered bank in Western Mass and Northern Connecticut and a leader in green values, sustainable energy financing, and charitable giving. We operate in the best interest of our customers and stri ...
Commercial Credit Analyst

12 hours ago

Monson Savings Bank Wilbraham, United States

If you're an experienced Commercial Credit Analyst interested in working for a local, community bank, then this is the position for you · Working within the Loan & Operations Center located at 75 Post Office Park, Wilbraham, MA, this full-time position underwrites commercial loa ...
Credit Investment Analyst

2 weeks ago

Mission Staffing Hartford, United States

A startup hedge fund is looking for an analyst to join a growing team, focused on distressed and special situations corporates. The individual will be focused in the public markets with an emphasis on distressed credits in the emerging markets.Company Information: · A new and up ...
AVP- Credit Underwriting Analyst

6 days ago

PeoplesBank Holyoke, United States

Job Description · Job DescriptionWelcome to PeoplesBank We are the largest mutually chartered bank in Western Mass and Northern Connecticut and a leader in green values, sustainable energy financing, and charitable giving. We operate in the best interest of our customers and stri ...
Commercial Credit Analyst

1 week ago

Monson Savings Bank Wilbraham, United States

If you're an experienced **Commercial Credit Analyst** interested in working for a local, community bank, then this is the position for you · Working within the Loan & Operations Center located at 75 Post Office Park, Wilbraham, MA, this full-time position underwrites commercial ...
Credit & Collections Analyst

4 weeks ago

Sig Sauer Newington, United States

Credit & Collections Analyst · SIG SAUER, Inc. is a leading provider and manufacturer of firearms, electro-optics, ammunition, airguns, suppressors, remote controlled weapons stations, and training. For over 250 years SIG SAUER, Inc. has evolved, and thrived, by blending American ...
Assistant Director, Sr. Credit Analyst

2 weeks ago

Symetra Financial Corporation Farmington, United States

Symetra has an exciting opportunity to join our team as an Assistant Director Sr. Credit Analyst, Private Placements About the role As the Senior Credit Analyst, you will lead the review of new infrastructure, project finance and corporate transacti Credit Analyst, Director, Plac ...
Assistant Director, Sr. Credit Analyst

6 days ago

Symetra Farmington, United States

Symetra has an exciting opportunity to join our team as an · Assistant Director Sr. Credit Analyst, Private Placements · About the role · The Senior Credit Analyst will lead the review of new infrastructure, project finance and corporate transactions utilizing rigorous fundame ...
Junior Credit Analyst

6 days ago

Liberty Bank Middletown, United States

At Liberty, we are proud to integrate our Diversity, Equity and Inclusion (DE&I) throughout all functions and areas of the Bank in order to maximize our impact and exceed goals. We believe that deepening our DE&I strategies in the workplace and communities we serve, creates a muc ...
Credit & Collections Analyst

2 days ago

ITW Electrostatics Hatfield, United States

**Company Description** · Simco-Ion has been in the static control business since 1936, and their longevity speaks to their success at improving safety, increasing efficiency, and lowering overall cost for customers. At the forefront of the static control industry for over 80 yea ...
Emerging Market Credit Analyst

3 weeks ago

CVS Pharmacy Windsor Locks, United States

Will be responsible for independently conducting comprehensive credit research and providing timely buy/sell/hold recommendations of Emerging Market sovereign and corporate credits, primarily in Latin America. Analyze country and corporate fundamenta Credit Analyst, Portfolio Man ...
Commercial Credit Analyst Ii

2 weeks ago

bankESB Easthampton, United States

**OVERVIEW**: · Performs credit analysis on assigned accounts handled by the commercial loan department in conformance with established policies, procedures and objectives. · **PRIMARY ACCOUNTABILITIES / RESPONSIBILITIES**: · Performs any functions necessary, within scope of auth ...
accounts receivable analyst

2 weeks ago

HP Hood LLC Agawam, United States Full time

Are you a self-driven person looking to advance your career as a high-impact player on a team? If so, we have an exciting challenge for you and your future · At HP Hood, we celebrate our differences. Our diversity of people, backgrounds, experiences, thoughts and perspectives are ...
ABA Behavior Therapist

2 weeks ago

HSMC Springfield, United States

Company Description · Beacon ABA Services is a private group practice of behavior analysts and behavioral therapists organized to provide intensive behavioral services to individuals with developmental disabilities. · Job Description · Love working with kids? · Start a career yo ...
Investment Analyst

1 day ago

MassMutual Springfield, United States

Role: Investment Analyst · Department: Investment Management · Team: Quantitative Research & Development · Location: Springfield, MA or Boston, MA - Hybrid · Position: Full-Time (3+ days in office per week) · The Opportunity · As an Investment Analyst, you will be part of t ...
ap specialist

3 weeks ago

YWCA of Western Massachusetts Springfield, MA , USA, United States

Department: Finance · Reports to: Chief Financial Officer · Schedule: Part-timeMonday- Friday; 30 hours per week · FLSA Status: Exempt · Salary: $40,000 Annually · The YWCA of Western MA is dedicated to eliminating racism and empowering survivors. The YW provides a safe place for ...
ABA Behavior Therapist

1 week ago

HSMC Springfield, United States

Company DescriptionBeacon ABA Services is a private group practice of behavior analysts and behavioral therapists organized to provide intensive behavioral services to individuals with developmental disabilities. Job DescriptionLove working with kids?Start a career you can be pro ...
Investment Analyst

6 days ago

The Ladders Springfield, United States

Role: Investment Analyst · Department: Investment Management · Team: Quantitative Research & Development · Location: Springfield, MA or Boston, MA - Hybrid · Position: Full-Time (3+ days in office per week) · The Opportunity · As an Investment Analyst, you will be part of t ...
Accounts Receivable Analyst

3 days ago

H P Hood LLC Agawam, United States

Are you a self-driven person looking to advance your career as a high-impact player on a team? If so, we have an exciting challenge for you and your future · At HP Hood, we celebrate our differences. Our diversity of people, backgrounds, experiences, thoughts and perspectives are ...