Commercial Credit Analyst I

Company: Thomaston Savings Bank
Location: Thomaston
Posted on: June 25, 2022

Job Description:

Join a CT Top Workplace! The Commercial Credit Analyst is responsible for providing competent credit analysis for lending activities, assistance in the administration of borrowing accounts, conduct appraisal reviews, assistance in completion of special projects and assignments. Processes credit applications, verifies credit references and information and determines credit limits. Prepares reports on the status of credit and collections, and other operating systems.Completes a thorough, in-depth analysis of new commercial credit requests, credit change requests, renewals and annual relationship reviews. Recommend risk rating including changes when analysis merits. Produces a loan analysis narrative for presentation to Lender, Loan Committee and/or Board of Directors.Spreads financial statements (personal, business and corporate) regularly to assist lenders in analyzing credits. Prepare spreadsheets, reports, summaries and opinions for lenders on new, renewal and existing loans. Reports findings to Credit Manager that may have an adverse effect on the loan collateral or the borrowers ability to repay the loan.Completing loan application forms and submitting to loan committee for approval with notes and opinions. Ensures company credit exposures on assigned loans are within set risk bearing limits.Completes loan work-ups and proper execution to ensure adequate enforceability of Bank's position for new and existing loans reviewed. This includes loan details, financial copies, approvals, etc.Determines that loan file documentation is complete and properly executed to ensure adequate enforceability of the company's position for all new loans reviewed.______________________________________________________________________________________________________________________________________________________Thomaston Savings Bank is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration without regard to race, color, religion, gender, national origin, age, disability, veteran status, or any other status protected by law. Any applicant who needs reasonable accommodation in the application or employment process should notify the Human Resources Representative. PI183246338

Keywords: Thomaston Savings Bank, New England , Commercial Credit Analyst I, Professions , Thomaston, Northeast