Commercial Credit Analyst I

Columbia Bank New Jersey is seeking a Commercial Credit Analyst I to prepare commercial credit memorandums for loan transactions. This entry-level role involves financial analysis, industry research, and ensuring compliance with internal credit policies.ResponsibilitiesSpread both business and personal financial statements to perform financial analysis and repayment assessmentConduct financial analysis, industry and market assessment, repayment capacity, collateral coverage, and an assessment of guarantor support on smaller CRE, C&I and Construction loan transactions through the preparation of written commercial credit memorandumsResearch and analyze third party industry and market reports. Review third party search reports including, but not limited to, UCC lien searches, personal credit reports, judgment searches, property searchesPerform annual credit file reviews as neededRun business and personal credit scores to determine approval or decline through an automated quick decision toolSupport the assignment of risk ratings and document upgrade and downgrade triggers in accordance with the Bank’s Internal Asset Review PolicyPractice ability to independently build job knowledge and understand policies and proceduresMake recommendations to management for process enhancement as neededEnsure commercial credit transactions are in full compliance with all internal credit policiesPerform other job-related duties as may be assignedSkillsBachelor's degree in Business Administration, Accounting, Finance, or another related field requiredStrong aptitude for figures and accuracyProven problem solving, decision making, underwriting and analytical skillsAbility to work independently, effectively, and efficiently under time constraintsAbility to prioritize and manage multiple assignments with good organizational and time management skillsExcellent written and verbal communication skillsDemonstrated proficiency with computer software including MS Office applications and other specialized credit analysis and lending softwareBenefitsMedical, Dental, Vision and Rx which are contributory.Bonus programs.Employee Stock Option Program (ESOP).Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D).Paid Time Off (PTO) which includes Personal and Vacation Time.Paid Sick Time.Bank Holidays.Employees may participate in the 401k program.Company OverviewColumbia Bank New Jersey is a bank that offers home mortgages and home equity loan services in New Jersey. It was founded in 2015, and is headquartered in Fair Lawn, New Jersey, USA, with a workforce of 501-1000 employees. Its website is http://columbiabankonline.com.



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