Senior Credit Analyst

Job Description

Job Description

Actual compensation for this role is commensurate with experience, skill set, and other qualifications.

East Cambridge Savings Bank’s Lending Division is actively recruiting for a Senior Credit Analyst.

Function :

Under the general direction of the Team Lead – Commercial Credit, perform a variety of administrative tasks in connection with credit analysis for the Lending Division.

We are looking for a candidate with:

• 3 years commercial credit experience
• Bachelor’s degree in Finance/Accounting or equivalent work experience
• Ability to analyze financial statements and effectively prepare written analysis
• Proficient with Microsoft word and excel
• Working knowledge of LoanVantage and COCC Insight preferred
• Excellent verbal and written communication skills
• Strong interpersonal and organizational skills

Essential Job Functions :

• Researches and examines credit risks, assesses credit history, and makes a recommendation to approve or disapprove extension of credit.
• Responsible for conducting financial, strategic and competitive analysis for both Business and Commercial real estate customers.
• Prepares loan documents and comprehensive credit proposals for Board presentations; assists management with presentation materials and approval process.
• Develops and analyzes property cash flow information.
• Provides an assessment of loan condition and quality, assigns credit grades on existing credits and oversees loan documentation as outlined in East Cambridge Savings Bank lending policies.
• Responsible for the tracking, collecting and reporting of loans that are incomplete due to missing documentation.
• Maintains a good working knowledge of the Bank’s lending policies and procedures and identifies deviations from policy.
• Responsible for presentation of written and oral reports to management. Performs periodic review of various industries and analyzes the information to identify industry trends.
• Conducts in-depth review and analyzes balance sheet and profit and loss statements presented by applicants for large commercial loans.
• Assesses liquidity, quality of management, market position and overall business climate to estimate future profitability of business.
• Provides technical advice and assistance to Commercial Lending Officers as needed.

Supportive Functions:

• Performs related administrative work as required.
• Assists the VP/Commercial Credit Officer with special projects as needed.

Contact our Human Resources Division or visit for more details and to apply.

Or submit your resume to:

Email: [email protected] Fax: 617-252-6877 Phone: 617-354-7700

East Cambridge Savings Bank, Attn: Human Resources

344 Cambridge Street Cambridge, MA 02141

East Cambridge Savings Bank is an Equal Opportunity Employer/Disabled/Veterans