Century Bank

  • Credit Analyst

    Location US-MA-Medford
    Posted Date 1 week ago(1 week ago)
    # Positions
    1
    Experience (Years)
    2
    Category
    Accounting/Finance - Credit Analysis
    Position Type
    Full Time
    Work Schedule
    M-F 8:30AM-5:00PM
  • Overview

    To prepare written credit analyses of new and existing loans for both C & I borrowers as well as Commercial Real Estate transactions.

    Responsibilities

    • Accurately assesses the level of risk, tying in all possible repayment sources including earnings, capital adequacy/asset quality, re-financing, collateral protection and guarantees.
    • Understands and integrates into the analysis of risk the impact of external facts such as management, market, strategy, industry, and economic climate.
    • Completes a thorough detailed and accurate credit analysis.
    • Formulates constructive and action-oriented recommendations to improve our level of risk on consistent basis.
    • Knows and understands all aspects of Century Bank’s Credit Policy guidelines and consistently list all exceptions.
    • Effectively communicates with lenders, customers, management, etc. to obtain additional information and/or relay information.
    • Negotiates with lenders concerning underwriting and effectively arrives at a loan structure that is within the Bank's risk parameters.
    • Monitors and/or ensures compliance with Federal and State laws and regulations; including but not limited to the Bank Secrecy Act and Anti Money Laundering, as well as Bank operation policies and procedures.
    • Assumes additional responsibilities as requested.

    Qualifications

    At least 2 years of commercial credit analysis experience, solid writing skills, well-developed organizational skills, and accounting knowledge equivalent to an advanced accounting course. Understanding of all types of real estate transactions including construction, mini-perms, residential, residential subdivisions, commercial, industrial, and office as well as mixed-use properties. A Bachelor's Degree is required; an MBA/MA in business or finance is preferred.

     

    Century Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.

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