Senior Credit Analyst - Commercial Lending

JOB SUMMARY: The Senior Credit Analyst reviews and performs quality analyses for commercial loans to prospective and existing clients. This position assures that these analyses are accurate, objectively present the risk of the transaction, and address the bank's ability to be re-paid. The Senior Credit Analyst will manage credit analysts, which includes assigning tasks, reviewing reports, determining risks and rewards, compiling data, and organizing presentations to the Lending Committee.

This position is based in our Franklin, Massachusetts office. Employees are expected to work on-site during regular business hours; this is not a remote position.

ESSENTIAL FUNCTIONS – below are some of the essential functions to carry out this job.

• Lead and motivate holding others accountable for the accuracy and quality of their work. Establish clear expectations of performance and agree actions/outputs with relevant business owners. Recognize and celebrate successes and high performance and address performance issues.
• Reviews, analyzes and processes commercial, commercial real estate and construction loan requests while adhering to Bank policies and procedures. Performs ratio, cash flow and collateral analyses needed to provide sound credit approval recommendations.
• Participates in preparing financial statement spreadsheets, reports, summaries and opinions for loan officers for new, renewing and existing loans, including review for compliance and generating credit rating memorandum.
• Contacts credit and financial sources and determines requirements for additional information or investigation into loan requests. Provides credit information and references to loan officers and authorized external sources.
• Determine the degree of risk involved in extending credit by performing a cash-flow analysis of each business.
• Research economic environment, business and industry cycles, and assess management and operations to understand non-financial risks associated with the borrowers.
• Contacts credit and financial sources and determines requirements for additional information or investigation into loan requests. Provides credit information and references to loan officers and authorized external sources.
• Reviews appraisals and environmental reports. Reviews annual tax returns/financial statements.
• Reviews customers' financial statements.
• Ensure that extensions of credit reflect Dean Bank's risk appetite, and are in full compliance with credit policies, target market criteria, product programs and all relevant internal policies. In case of less than full compliance, ensure that exceptions are identified, escalated, approved and monitored in line with exception management guidelines.
• Responsible for the monitoring and completion of management reports including Loan Exception Report, Loan Covenant Tracking Report, Pipeline Report and ALR Report.
• Maintain a thorough understanding of the content and aggregate risks within the portfolio, trends and other key statistics.
• Manage the renewal process by working with the Commercial support staff, the client and the Credit Analyst department.
• Work in concert with Credit Administrator and Credit Analyst to organize and manage a tickler system on all loan relationships.
• Maintain education and professional expertise through attendance at job related seminars, conferences and workshops. Completes all annual compliance training.
• Develop and implement new portfolio reporting and statistical approaches for continual monitoring of credit risk in the portfolio, identify trends in the portfolio / market and forecast likely outcomes.

SUPERVISORY RESPONSIBILITIES – Departmental - Listed below are some of the supervisory functions to carry out this job.

• Managerial and supervisory skills to supervise a managerial/professional staff of one or more people.
• Manage assigned team members; make routine employment decisions, review performance, make salary recommendations; assign work, provide coaching and training, advise team members as necessary; resolve team member issues.
• Maintain department staff attendance records utilizing online timekeeping system.

QUALIFICATIONS, EDUCATION REQUIREMENTS AND PREFERRED SKILLS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor's degree in business, finance or accounting or equivalent.
• Minimum three (3) years previous financial services commercial credit analysis.
• Excellent verbal and written communication skills, customer service, and organizational skills.
• Advanced spreadsheet analysis experience.
• Ability to read and interpret documents such as memos, loan documents, disclosures, training manuals, help screens and policy and procedure manuals.
• Ability to communicate effectively with colleagues and customers of the Bank.

WORKING CONDITIONS: The work environment characteristics described here are representative of those the employee encounters while performing the essential functions of this job.

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is generally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

Work Environment: On-site, typical office environment. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.