Performs commercial credit analysis and recommends appropriate credit structure on the most complex credit relationships in conformance with established policies, procedures, and objectives. Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and co-workers.  This is a hybrid eligble position:  3 days in the office and 2 days remote.

• Spread a variety of financial statements and prepare cash flow analyses.
• Analyze financial statements and provide interpretative analysis for use in loan decision making.
• Underwrite new money requests, renewals, and modifications.
• Underwrite existing credits as part of the Bank’s routine portfolio monitoring. This includes mortgage and investment reviews as well as authoring annual portfolio monitoring reports presented to Senior Management, the Board, and other Bank Committees.
• Work with credit colleagues, lenders, lending assistants, and other departments on a routine basis, demonstrating strong communication and teamwork skills throughout.
• Support and lead special projects within the Credit Analysis Department as required.
• Train and mentor assigned Credit Assistant and Credit Analysis Intern(s) in underwriting.
• Perform all duties in compliance with regulatory guidelines.
• Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and co-workers.

Education

• Bachelor's Degree plus specialized course work and training is required
• An advanced business degree

Work Experience

• 7+ years of commercial (C&I and/or CRE) credit-related experience is required

Additional Requirements

• Must demonstrate a strong knowledge of commercial credit analysis including the ability to analyze repayment sources, evaluate risk, identify risk mitigation, and provide deep insight into the creditworthiness of a commercial borrower.
• Working knowledge of accounting and a solid understanding of commercial loan documentation.
• High attention to detail with strong analytical, communication, and interpersonal skills required.
• Strong working knowledge of Microsoft Office Suite and ability to learn new software, including the Bank’s Commercial Loan Origination System.

The expected annual pay range for this role is $76,463 to $135,731. This pay range is the annual salary we in good faith expect to pay for this role at the time of posting. Actual compensation paid may fluctuate higher or lower than the posted range and the range may be modified in the future due to several factors including, but not limited to, relevant experience, certifications, and qualifications, internal equity, adjustments to the requirements and responsibilities of the job, business needs, and economic and market data.

Middlesex Savings Bank is an Equal Opportunity Employer/protected Veterans/Individuals with Disabilities