Description

Credit Assistant

US-MA-Natick

Job ID: 5609
Type: Full Time
# of Openings: 1
Category: Credit Administration - Credit Administration
Natick Summer St. Administration Center

Overview

Provides administrative support to the Credit Analysis Department and assists in the preparation of credit analyses. Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and co-workers.

Responsibilities

• Prepare weekly Senior Credit Committee distribution package, including completion of Agenda and Minutes. Prepare Minutes for quarterly Loan Portfolio Review meeting.
• Spread a variety of financial statements and prepare cash flow analyses.
• Assist Credit Analysts in the analysis process, including obtaining industry information, providing spreads and cash flow tables, and other support.
• Train with an assigned Senior Credit Analyst to further develop skillset.
• Under the guidance of assigned Senior Credit Analyst, analyze financial statements and provide interpretative analysis for use in loan decision making. May be assigned underwriting for renewals, modifications, or new money requests.
• Underwrite existing credits as part of the Banks routine portfolio monitoring. This includes mortgage and investment reviews as well as support of the annual portfolio monitoring reports presented to Senior Management, the Board, and other Bank Committees.
• Work with credit colleagues, lenders, lending assistants, and other departments on a routine basis, demonstrating strong communication and teamwork skills throughout.
• Support special projects within the Credit Analysis Department as required.
• Perform all duties in compliance with regulatory guidelines.
• Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and co-workers.

Qualifications

Education

• Associate's Degree or equivalent is required
• Bachelor's Degree is preferred

Work Experience

• 1-2 years business experience is required
• Prior banking experience is preferred

Additional Requirements

• Knowledge of accounting is required. Knowledge of credit analysis and banking is preferred.
• High attention to detail with strong analytical, communication, and interpersonal skills required.
• Strong working knowledge of Microsoft Office Suite and ability to learn new software, including the Bank's Commercial Loan Origination System.

Equal Opportunity Employer, including disability/protected veterans

PI281424338