Commercial Real Estate Credit Analyst II

SUMMARY/OBJECTIVE:
The Commercial Real Estate (CRE) Credit Analyst II is responsible for evaluating and underwriting commercial real estate loan opportunities. This role analyzes borrower, guarantor, and property-level financial performance to assess risk and determine creditworthiness, while providing clear recommendations to support sound lending decisions.

ESSENTIAL FUNCTIONS:

• Analyze borrower and guarantor financials, tax returns, and global cash flow
• Evaluate property-level performance, including income, expenses, and debt service coverage and lease/tenant dynamics
• Assess loan structure, collateral, and repayment sources to determine credit risk
• Prepare clear, concise credit memos and loan presentations with recommendations
• Conduct market and industry research, including rents, vacancy trends, and property conditions
• Review third-party reports (e.g., appraisals, environmental) and identify risks and mitigants
• Support loan origination, underwriting, and closing processes in partnership with Loan Officers
• Perform annual reviews and ongoing monitoring of assigned credit relationships
• Assist in the maintenance of Bank filing systems as new information is received.
• Participate in ongoing process improvement initiatives.

JOB QUALIFICATIONS:

• 1–3+ years of experience in credit analysis, commercial banking, or real estate underwriting.
• Bachelor’s degree in Finance, Accounting, Business, or related field.
• Experience with commercial real estate lending (multifamily, office, retail, industrial).
• Understanding of appraisal and collateral valuation concepts
• Proficient in Microsoft Office suite including Excel and Word and familiar with basic computer applications.
• Strong analytical and math skills required.
• Ability to multi-task, prioritize work, and adapt to changes in working environment required.
• Clear written and verbal communication required.
• Salesforce experience preferred.

The annual salary range for the Commercial Real Estate Credit Analyst II is $78,000 - $85,000 per year.

About Northern Bank & Trust Company

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit or follow Northern Bank on Facebook (/NorthernBankM A/), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company/northern-bank-ma/).