Job Description

Job Description

Job Description

Department: Credit Administration

Reports to: Commercial Credit Department Manager

Supervises: None

Status:  Full Time / Exempt / Onsite Only

Must already be authorized to work in the United States.  Relocation is not provided.

Partners Bank is a rapidly growing community bank with operations in Maine and New Hampshire that has established superior service level expectations. We offer generous compensation and benefits while fostering opportunities for growth and flexible work schedules when appropriate.

Summary for the Commercial Credit Analyst I:  

Evaluate the financial condition of individuals and businesses applying for credit within Partners Bank. Assists with the engagement and review process of appraisals and evaluations related to commercial loans.

Job Requirements for the Commercial Credit Analyst I:

• Bachelor’s degree with a focus in either Business Administration, Accounting, Economics, or Finance or two years of accounting coursework and prior commercial credit analysis experience.
• Strong financial analytical abilities.
• Six months or more of experience with credit systems.
• Excellent verbal and written communication skills.
• Computer proficiency, including proficiency with Word and Excel and solid typing skills.
• Timeliness, ability to recognize and meet deadlines.

Specific Job Functions for the Commercial Credit Analyst I:

• Analyze loan data on new, renewal and existing loans, including data provided by credit bureaus, other financial institutions.
• Perform independent analysis of a wide variety of commercial loan requests, including commercial and industrial and commercial real estate loan requests, in a timely manner.
• Analyze loan requests of all size and varying degrees of complexity based on experience. Work closely with lead staff to develop an assessment of risk identifying key strengths and weaknesses to determine a risk rating based on an eight point system defined in the commercial loan policy.
• Develop familiarity with the bank’s commercial loan policy in order to identify any deviations from the policy.
• Become familiar with alternative structures to reduce credit risk.
• Complete a written analysis of each credit including any or all of the following, as applicable:  a background summary of the borrowing entity, a management analysis, a financial analysis of the borrowing entity; an analysis of the traditional cash flow/debt service coverage of the borrowing entity; a collateral analysis; an analysis of any corporate or personal guarantors; financial and traditional cash flow analysis of any related entities; an assessment of the risks and the strengths of the credit; and a summary/recommendation supporting the proposed risk rating for each credit analyzed.
• Credits analyzed will usually be for basic loan requests with straightforward (single facility) organizations in common industries.
• Work closely with lead staff.  Under direct supervision, with little opportunity for un-reviewed credit decision making.
• Establish, review and update new and existing loan files for SIS on a regular basis.
• Provide technical advice and assistance and completes special projects related to the Commercial Loan/Commercial Credit Department.
• Engage appraisers and evaluators as needed related to commercial loans.
• Review appraisals for compliance with USPAP as well as regulatory compliance related to applicable commercial loans.
• Review evaluations and price opinions for regulatory compliance related to applicable commercial loans.

This Job Description for the Commercial Credit Analyst I describes the essential functions and qualifications of the job described.  It is not an exhaustive statement of all the duties, responsibilities, or qualifications of the job.  This document is not intended to exclude modifications consistent with providing reasonable accommodations for a disability.  This is not a contract.

Your signature will indicate that you have read this Job Description and understand the essential functions and qualifications for the job.

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