Credit Analysis Assistant

5 days ago


Natick, Massachusetts, United States Middlesex Savings Bank Full time
Job Summary

We are seeking a highly skilled and detail-oriented Credit Analysis Intern to join our team at Middlesex Savings Bank. As a Credit Analysis Intern, you will assist in the annual commercial loan renewal process by completing financial statement spreads and debt service coverage analysis.

Key Responsibilities
  • Assist in the preparation of financial statement spreads and debt service coverage analysis for commercial loan renewals.
  • Work closely with Credit Analysts to set up and complete portions of the Credit Approval Memorandum (CAM).
  • Perform various aspects of financial analysis, including debt service coverage analysis, collateral coverage analysis, and income statement and balance sheet ratio analysis.
  • Spread financial statements of Corporate Banking customers using spreading software.
  • Perform industry research using various web-based applications and search tools.
  • Ensure full compliance with the Bank's Information Security Policies and Procedures.
  • Perform various other functions in support of the Credit Analysts.
Requirements
  • At least three years of completed coursework in accounting and finance.
  • Candidate must be enrolled in a college program towards a bachelor's degree.
  • Candidates for this position must be authorized to work in the United States on a full-time basis for any employer without restriction.
  • Visa Sponsorship will not be provided for this position.
  • Must possess at least intermediate technology skills, including knowledge of word processing, database, and spreadsheet applications.
  • MS Office Suite proficiency necessary.
  • Must be extremely detail-oriented and able to effectively communicate both verbally and in writing.
About Middlesex Savings Bank

Middlesex Savings Bank is an EO/AA Employer: Min/Fem/Vet/Disabled.



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