Job Information
Enterprise Bank Credit Analyst II in Lowell, Massachusetts
Description
We are Hiring!
Credit Analyst II – Lowell
Enterprise Bank, is a growing and successful commercial bank where your talents will be recognized. Consistently being recognized both nationally and locally as a “Top Place to Work”, Enterprise Bank team members are as important to us as our core values. Join our dynamic team and experience a unique workplace culture where success is shared, and diversity is celebrated.
What You’ll Do:
ESSENTIAL FUNCTIONS & RESPONSIBILITIES:
Performs analyses on various commercial loan requests and line of credit renewals to determine the degree of risk in extending credit.
Collaborates with commercial lending officers and other credit staff to obtain necessary information to make informed decisions on new credit applications and renewals.
With limited or no supervision prepares thorough written analysis that includes the analysis of financial statements, economic trends affecting the industry and the borrower, risk rating, and suggested credit limitations.
Makes recommendation for approval, denial, or alternative loan structures.
Prepares written analyses and detailed summaries of credits to be presented and reviewed by senior management and loan approval committees.
Assists in the training of Credit Analyst new hires, as well as Lenders and Portfolio Managers in training.
Performs assigned tasks and projects related to the monitoring of loan portfolio credit quality.
Other
Exceeds customer expectations by following the guidelines outlined in the Customer Experience Program.
Performs all duties consistent with applicable Federal and State laws and regulations as well as Bank policies
Performs other related duties as assigned.
SUPERVISORY RESPONSIBILITIES, if any:
This position has no supervisory responsibilities.
REQUIREMENTS (Knowledge, Skills, Abilities, and Education and/or Experience):
Knowledge
Developed working knowledge of credit, market research and financial statement analysis techniques.
Intermediate knowledge of commercial lending concepts, practices, and procedures including knowledge of economic and accounting principles and practices.
Thorough knowledge and understanding of Enterprise Bank’s commercial loan policies and procedures.
Developed ability to write professional, comprehensive and easy to understand business reviews, including financial models.
Skills (including language, mathematical, reasoning, and computer skills)
Read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
Write reports, business correspondence, and procedure manuals.
Calculate amounts and analyze figures such as fractions, percentages, ratios, and proportions.
Define problems, collect data, establish facts, and draw valid conclusions.
Perform intermediate functions in the following software applications:
FiServ Premier Banking
Director
MS Office Applications (Word, Excel, Powerpoint)
Microsoft Internet Explorer
AccuAccount
Microsoft Outlook
Baker Hill Loan Underwriting system (or other related software)
Loan Application Doc system (LADS)
UltiPro
BVS
Abilities
Effectively communicate with team members with various levels of experience and/or authority, present detailed information and respond to questions from groups of managers or team members.
Collaborate, build relationships, influence key stakeholders and decision makers.
Think independently, solve problems, exercise sound judgment and identify alternative procedures.
Function as part of a team (teamwork).
Handle multiple projects and tasks with excellent attention to detail.
Quickly and easily adapt to change by structuring plans to meet the present situation.
This position is Hybrid, Remote, or Onsite. Candidates from MA, NH, and ME only.
Requirements:
Bachelor’s degree in a business discipline (Accounting or Finance preferred); and
Two to five years of related credit analysis, financial analysis or related experience and/or training; or
Equivalent combination of education and experience.
If you don’t meet all the requirements, apply anyway! Our recruiting team considers your entire professional journey. Enterprise team members are made up of more than just their previous titles.
Our DEIB Value Statement: At Enterprise Bank, people and relationships come first. We encourage and foster a culture of diversity, equity, inclusion, and belonging where everyone feels valued and respected. We are committed to a caring workplace that recognizes the importance of making a meaningful, positive difference in the lives of our team members, customers, and communities. Please click here (https://www.enterprisebanking.com/inclusion) to view our Inclusion website for more information and to learn more of our story and Core Values.
Benefits: We encourage every team member at Enterprise to lead a healthy and balanced life. We offer generous paid time-off programs, exceptional Tuition Assistance, College Loan Repayment, Wellness programs, Employee Resource Groups, opportunities to assist in your community as well as health, dental and life insurance coverage and a generous 401(k) match.
Enterprise Bank is an equal opportunity employer and makes employment without regard to race, color, religion, gender, sexual orientation, age, national origin, ancestry, genetic information, gender identity, disability, marital status, active or veteran military status, retaliation or any other protected status. EOE M/F/Disabled/Vet.
Qualifications
Education
Required
- Bachelors Degree or better in Accounting
Experience
Required
- 2-5 years: Related
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)