Sr. Credit Analyst

Compensation: $118,000-130,000 (Dependent on Experience)

Location: Ridgefield, CT (Primarily an IN-OFFICE role)

Schedule: M-F (Standard Business Hours)

PURPOSE:

Conducts in-depth analysis and underwriting of complex commercial loan (C&I and CRE) transactions while ensuring quality, soundness, regulatory and internal loan policy compliance.

KEY RESULTS AREAS:

• Prepares insightful and timely credit approval memorandums for presentation to the appropriate approval authorities/loan committee.
  • Analysis should include overview of the business enterprise, in addition to the specific transaction.
  • Provide a clear description of risks and migrants, specific to the client and loan request.
  • Review terms and conditions along with financial covenants if appropriate to the transaction.
  • Identify loans that may require policy exceptions, leeway, prudence, Reg O, HVCRE, TDR
  • Discussion of the client’s operational results and balance sheet highlights
    • Factors influencing the results
    • Leverage; both trade and bank debt
    • Tangible Net Worth
    • Asset quality; coverage
    • Standalone and global cash flow/debt coverage
    • Risk Grade Rationale
    • Reviews and provides analysis of industry specific reporting

ESSENTIAL RESPONSIBILITIES:

• Analyzes and underwrites complex commercial loan transactions.
• Supports and promotes a positive working environment and service culture.
• Works independently but under the guidance and review of lead staff.
• Works closely with Commercial Lending Officers to answer questions related to financial performance, loan transition to achieve proper underwriting of credit approval memorandums.
• Participates in Customer meetings to inquire about specific transaction related and financial information.
• Completes other projects and responsibilities as assigned by senior management.

EDUCATION AND EXPERIENCE:

• BA or BS Degree, preferably in business or accounting, along with a minimum of two years progressive commercial credit analysis experience.
• Knowledge of commercial loan products, loan structure and documentation, commercial loan policy and regulatory guidelines.
• Real Estate and Commercial & Industrial credit underwriting experience a plus.
• Accounting knowledge preferred.
• Excellent verbal and written communication skills.
• Outstanding qualitative and quantitative analytical skills.
• Proficiency with Microsoft Office, specifically Word, Excel and Outlook; experience with COCC and Jack Henry databases preferred.
• Demonstrated ability to develop and execute time-sensitive credit approval memorandums and meet deadlines.
• Demonstrated ability to interface and build positive working relationships at all levels of the organization and with Customers.

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