Commercial Credit Specialist

3 weeks ago


Danbury, Connecticut, United States Savings Bank of Danbury Full time
About the Role

We are seeking a highly motivated Commercial Credit Analyst to join our team at Savings Bank of Danbury. As a key member of our credit department, you will be responsible for evaluating the financial condition of commercial borrowers and providing recommendations for appropriate risk ratings.

Key Responsibilities
  • Conduct thorough reviews of new credits, existing loans, and lines of credit, including loan renewals and modifications.
  • Analyze financial statements and tax returns to assess creditworthiness.
  • Prepare and present financial data and recommendations to financial institution officers.
  • Ensure compliance with industry and legal standards when releasing credit information.
  • Provide technical advice and assistance to loan officers and other bank personnel as needed.
  • Maintain an up-to-date library of reference materials related to the credit function.
  • Assist in due diligence processes to close commercial loans.
Requirements
  • Bachelor's degree in Finance or a related field.
  • 2-3 years of experience in the credit field.
Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.



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