Greenfield Savings Bank
Greenfield Savings Bank provided pay range
This range is provided by Greenfield Savings Bank. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $26.89/hr - $37.94/hr
Pay is based on related experience, expertise, market data, and internal equity; generally, new hires can expect pay between the minimum and midpoint of the range.
Location: Onsite for 3-6 months to start, then hybrid
Job Description The Commercial Credit Analyst will primarily prepare written analyses of commercial loan requests and completion of annual reviews. The analyst will take direction primarily from the Commercial Credit Officer in working with all of the members of the commercial lending team on a daily basis. This person should have excellent communication skills, both written and oral, and be able to handle multiple tasks and special projects in commercial credit as required. This person will also be responsible for assisting in all administrative functions of the department.
Key areas of responsibility
Assist Commercial Credit Department in preparing analyses of commercial loan requests
Assist in completion of annual reviews
Specific position functions (duties)
Spreading financial statements, analyzing cash flow, reviewing ratios and include results in loan proposals utilizing nCino platform
Analyze financial statements, provide income statement/balance sheet analysis, explain impact of balance sheet changes/trends, discuss margins/trends in income statement
Determining GSB exposure and assembling relationship data on existing loans/deposits, borrower background, industry data, identify risks
Assist in preparing loan proposals/ reviews in coordination with Credit Administration Manager
Prepare annual loan reviews of commercial relationships as required by policy
Evaluating financial stability and debt service capacity, management strength, collateral coverage, loan structure, risk assessment, economic environment and industry concerns and possible effects on the commercial relationship
Run credit bureau reports on borrowers & guarantors in GSB commercial relationships
Assist in determining collateral position of borrower utilizing appraisals and financial statements as part of analysis
Tracking receipt of financial statements on most borrowers/guarantors
Complete credit inquiries and accountant confirmation requests on commercial customers
Assist in ordering commercial appraisals as needed and completing appraisal reviews
Assist in preparation for external and internal audits and loan review
Requirements / Skills
Must have a minimum of 1 year experience in commercial loan underwriting/analysis
Good understanding of accounting principles and financial statements, with strong analytical skills and a focus on accuracy and detail
Must be coachable but have ability to work independently
Excellent written and oral communication skills
Ability to prioritize workflow, solve problems, think creatively to understand complex credit relationships
Should have good time management and project management skills
Excellent skills with various software, FISERV Cleartouch, WORD/EXCEL applications
Seniority level Entry level
Employment type Full-time
Job function Finance and Sales
Industries Banking
Greenfield Savings Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity and/or expression, national origin, disability status, protected veteran status, age, marital status, or any other protected class.
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Base pay range $26.89/hr - $37.94/hr
Pay is based on related experience, expertise, market data, and internal equity; generally, new hires can expect pay between the minimum and midpoint of the range.
Location: Onsite for 3-6 months to start, then hybrid
Job Description The Commercial Credit Analyst will primarily prepare written analyses of commercial loan requests and completion of annual reviews. The analyst will take direction primarily from the Commercial Credit Officer in working with all of the members of the commercial lending team on a daily basis. This person should have excellent communication skills, both written and oral, and be able to handle multiple tasks and special projects in commercial credit as required. This person will also be responsible for assisting in all administrative functions of the department.
Key areas of responsibility
Assist Commercial Credit Department in preparing analyses of commercial loan requests
Assist in completion of annual reviews
Specific position functions (duties)
Spreading financial statements, analyzing cash flow, reviewing ratios and include results in loan proposals utilizing nCino platform
Analyze financial statements, provide income statement/balance sheet analysis, explain impact of balance sheet changes/trends, discuss margins/trends in income statement
Determining GSB exposure and assembling relationship data on existing loans/deposits, borrower background, industry data, identify risks
Assist in preparing loan proposals/ reviews in coordination with Credit Administration Manager
Prepare annual loan reviews of commercial relationships as required by policy
Evaluating financial stability and debt service capacity, management strength, collateral coverage, loan structure, risk assessment, economic environment and industry concerns and possible effects on the commercial relationship
Run credit bureau reports on borrowers & guarantors in GSB commercial relationships
Assist in determining collateral position of borrower utilizing appraisals and financial statements as part of analysis
Tracking receipt of financial statements on most borrowers/guarantors
Complete credit inquiries and accountant confirmation requests on commercial customers
Assist in ordering commercial appraisals as needed and completing appraisal reviews
Assist in preparation for external and internal audits and loan review
Requirements / Skills
Must have a minimum of 1 year experience in commercial loan underwriting/analysis
Good understanding of accounting principles and financial statements, with strong analytical skills and a focus on accuracy and detail
Must be coachable but have ability to work independently
Excellent written and oral communication skills
Ability to prioritize workflow, solve problems, think creatively to understand complex credit relationships
Should have good time management and project management skills
Excellent skills with various software, FISERV Cleartouch, WORD/EXCEL applications
Seniority level Entry level
Employment type Full-time
Job function Finance and Sales
Industries Banking
Greenfield Savings Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity and/or expression, national origin, disability status, protected veteran status, age, marital status, or any other protected class.
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