POSITION: CREDIT ANALYST

POSITION SUMMARY:

Under the general direction of the Credit Manager performs a variety of credit related duties including financial statement analysis and review of loan documentation. A Senior Analyst will work independently with minimal supervision by the Credit Manager.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES:

• Independently completes written analysis on complex credit requests from new and existing customers. The loan request may be Commercial Business (C&I), Commercial Real Estate or Commercial Construction in nature. As part of the analysis, the incumbent will analyze the general market and industry, the borrower’s financial information to determine repayment ability, collateral support, and guarantor support. Determines adequacy of information provided and requests additional data when needed. Meets independently with the loan officer to discuss issues, ask questions and follows-up with the borrower if necessary. Evaluates Bank risk, recommending approval or declination of the loan. Works independently.

• Annually reviews the credit quality of designated loans in the Bank’s existing commercial loan portfolio. Examines loan documentation and updated financial information. Examines trends in repayment ability, collateral support and guarantor support and communicates improvement/deterioration in credit quality and impact on Risk Ratings. Performs abbreviated credit analysis on renewing loans. Works independently.

• In adherence with the Bank’s loan policy, identify strengths and weaknesses with each credit and recommends appropriate risk ratings.

• Using LoanVantage or similar software, spreads the business financial statements and corporate tax returns for Loan Officers. When necessary, analyses the customer’s projections for reasonableness and prepares additional projection scenarios using the statement spreading software. Works independently.

• In he absence of the Credit Manager, provides direction and assistance to the Credit Analyst(s), manages the Credit Department pipeline and works with the CLO and Senior Credit Manager on projects as needed.

• Keeps abreast of new developments and regulatory changes in the Credit and Lending fields. Attends courses and seminars deemed appropriate and reads topical literature.

• Performs other responsibilities as required.

SUPERVISORY RESPONSIBILITIES, if any:

Coaches junior Credit Analysts and reviews work as directed by the Credit Manager.

REQUIREMENTS (Knowledge, Skills, Abilities, and Education and/or Experience):

• Bachelor’s Degree or related experience; business management, finance, accounting or economics preferred

• 5-7 years credit analysis experience, preferably in the Banking environment

• Leadership and supervisory experience demonstrated in prior work history

• Strong understanding of accounting concepts and analytical skills

• Excellent interpersonal skills, ability to interact with senior management

• Excellent written and oral communication skills.

• Strong computer skills, ability to work in Microsoft Office

• Ability to work independently, manage competing priorities and meet deadlines.

• Familiarity with all types of commercial loan analyses

NSB offers competitive benefits packages, which include the following:

• Medical, Dental and Vision on day 1 - no waiting period

• 401k with company match

• Paid Time Off - Vacation, Personal, Sick, Holiday

• FSA/DC/HSA Accounts

• Company Paid Short-Term Disability

• Company Paid Long-Term Disability

• Paid Family Medical Leave

• Company Paid Life & ADD

• Voluntary Life

• Tuition Assistance

• Hospital Indemnity Plan

• Employee Referral Bonus

• Employee Banking Discounts

• Supplemental Insurance Plans with AFLAC

• Pet Insurance

• Weekly Jeans Day Program

• Service Recognition Program

• Wellness Benefits including Weight Watchers, Mind & Body, Gym Memberships and much more!

At North Shore Bank, we are committed to creating a place as diverse as the communities we serve. Our core values shape the decisions we make every day and help to define our company culture and it is these values that comprise what we call, “well north of your expectations”. Our core values include leadership, integrity/transparency, respect, adaptability, collaboration, accountability, and empathy.

North Shore Bank is an EOE. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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