Business Lending Analyst
1 week ago
The Commercial Credit Analyst II role at Bangor Savings Bank requires a highly skilled professional to work proactively with loan officers in preparing comprehensive written presentations of the Bank's existing and prospective business lending relationships.
Main Responsibilities:
- Financial Analysis: Spreads and independently analyzes complex financial statements, cash flow ability, etc., to develop an assessment of a borrower's credit risk.
- Credit Assessment: Assesses the borrower's overall financial condition; details risks and mitigants; evaluates adequacy of repayment sources, including cash flow, leverage, collateral adequacy, and guarantor strength.
- Regulatory Compliance: Assesses compliance with regulatory guidelines and identifies exceptions to loan policy, and recommends appropriate risk ratings.
- Loan Approval: Approves loans within assigned lending authority and makes recommendations to management for loans that have policy exceptions and exceed lending limits.
- Client Service: Works to deliver superior client service at all times.
Requirements:
- Bachelor's Degree: Bachelors Degree in Business or Accounting related field.
- Experience: Minimum of 2 years of commercial credit experience. Experience level will drive Position.
- Skills: Strong analytical and organizational skills with an ability to interact effectively with all levels of staff and management.
Benefits:
- Competitive Salary: $65,000 - $85,000 per year.
- Excellent Benefits Package: Includes medical, dental, vision, and retirement plans.
- Opportunities for Advancement: Bangor Savings Bank offers opportunities for career growth and advancement.
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