Senior Commercial Credit Analyst

Come put your credit analysis skills to work!

Reports At: 203 Main Street, Thomaston CT

Role: The Senior Commercial Credit Analyst at Thomaston Savings Bank is responsible for providing competent credit analysis for complex commercial and/or agricultural lending activities, assistance in the administration of commercial and/or agricultural borrowing accounts, conduct appraisal reviews, training for business loan staff, and assistance in the completion of special projects and assignments. 

Major Duties and Responsibilities:

1. The Senior Credit Analyst 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.
   
   
2. Spread 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 Borrower’s ability to repay the loan.
   
   
3. Completing the 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.
   
   
4. Lead or assist with projects that will consist primarily of credit administration issues and may relate to possible changes in polices and procedures, possible changes as a result of examiner or auditor recommendations, peer group analysis, market studies, changes in compliance and regulations, software upgrades, monitoring of industry or borrower concentrations, risk assessments, and feasibility studies for efficiency gains such as outsourcing, insourcing, centralization of duties/staff, etc.
   
   
5. Reviews loan work-ups prepared by other analysts for adherence to underwriting standards, completion and proper execution to ensure adequate enforceability of Bank’s position for new and existing     loans reviewed. This includes loan details, financial copies and approvals, etc.

Experience and Education Goals:  Five plus years of similar or related experience, including preparatory experience.   Bachelor’s degree in accounting, finance, economics, business administration, or a related field strongly preferred.

Thomaston Savings Bank is proud to be an Equal Opportunity Employer. Any applicant who needs reasonable accommodation in the application or employment process should notify the Human Resources Representative.