What are the responsibilities and job description for the Credit Analyst III AVP position at Norway Savings Bank?
Building a better bank starts with hiring outstanding talent.
It starts with you.
Do you have smarts, individualism, and a passion for helping others? We are looking for people with a drive to create lasting relationships by delivering extraordinary customer service.
We truly have something special here; a 155-year-old commitment to high achievement and high support. Norway Savings is a place of continuous learning and growth that will offer you many exciting opportunities. We strive to create an atmosphere of diversity and inclusion, where you can let your color shine!
We are committed to taking care of our employees. We have an award-winning Wellness Program that has led us to be named one of the Healthiest Companies in America!
Norway Savings has a strong focus on our customers, and building strong relationships within our communities.
POSITION SUMMARY:
ESSENTIAL JOB FUNCTIONS:
Prepares credit approval and underwriting analysis of new, potential, and existing commercial Borrowers with work primarily centered with the Bank’s largest and most complex credits.- Completes annual reviews and line of credit renewals for the Bank’s largest and most complex existing borrowers.
- Makes risk rating and structuring recommendations based on the Bank’s Loan Policy.
- Performs financial statement spreading and analysis. Analyzes subsequent output for positive/negative trends and overall credit quality.
- Demonstrates understanding of tax returns and the purpose for utilization of various schedules.
- Prepares written proposals that summarize the borrowing request, an analysis of the financial condition of the borrower, the adequacy of collateral and the tertiary sources of repayment.
- Conducts routine credit investigations on companies and industries as credit warrants.
- Promotes the best interest of the Bank whenever and wherever possible.
- Performs all duties in accordance with prescribed regulatory compliance guidelines.
- Assists with training of new Credit Analysts.
- Works with the Commercial Credit Department Manager on additional projects as requested.
- Exhibits regular and punctual attendance.
- Assumes other duties as assigned.
EDUCATION/TRAINING/EXPERIENCE/SKILLS REQUIRED:
- High school diploma or equivalent required; degree in banking, finance, accounting, statistics, or economics-related field preferred.
- 5 years of experience in an analyst role supporting the commercial lending function
- CRC designation awarded by the Risk Management Association
- Solid understanding and experience in evaluating and analyzing complex tax returns
- Extensive experience in commercial credit underwriting / analysis
- Completion of a credit training program
- Superior skills in Microsoft Excel, Power Point and Word
- Excellent written and verbal communication skills
- Proven ability to think critically
- Motivated, self-starter with ability to adapt in a fast-paced environment
- Works well independently and as a member of the team
Working Conditions:
- Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards.
- Minimal physical effort required; normally seated with freedom of movement on a regular basis; handling of light materials and supplies.
**External and internal applicants, as well as position incumbents who are or who become disabled as defined by the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis.**
