Credit Analyst

Base pay range

$55,000.00/yr - $75,000.00/yr

Bank Rhode Island, a division of Beacon Bank & Trust, is a full‑service financial institution with 22 branches headquartered in Providence, Rhode Island. As a full‑service commercial bank, we offer a full range of banking products and services that can meet a customer’s business or personal banking needs. Our employees are our most valuable asset, and we provide competitive pay, a matching 401(k), and opportunities for advancement.

We are seeking an ambitious Credit Analyst who thrives in a team setting, is driven, has integrity, and is interested in pursuing a career in Commercial Banking. This position is located in our Turks Head HQ in Providence, RI. The primary responsibilities include analyzing and underwriting credit requests for Bank prospects and customers and maintaining and monitoring loans within the portfolio under the supervision of lending officers.

• Analyze and underwrite credit requests in a timely manner by leveraging resources such as the loan team, meetings with customers/prospects, spreading tools, industry/market research, credit/financial due diligence, appraisals, and web research.
• Identify loan policy exceptions and red flags (market risk, bankruptcies, late payments, past‑due taxes, etc.) and bring them to the attention of the lender.
• Discuss deal structure, cash flow, collateral, and customer character with Relationship Managers.
• Present written analysis, observe presentations by lenders, and present credits from time to time as directed.
• Accompany Relationship Managers on customer calls and interact with customers in person and over the phone as directed by the lender.
• Interact with financial professionals including CPAs, CFOs, listing agents, brokers, and appraisers to assist in the underwriting of credit memos.
• Conduct market surveys through contact with brokers, online research, and licensed database software (CoStar, Reis, MLSpin).
• Manage existing portfolio of customers by tracking and preparing annual reviews of relationship obligations.
• Prepare minutes for loan committee(s).
• Perform other related duties as required or directed.

• Bachelor’s degree in a relevant field.
• 1+ years of commercial credit experience.
• Excellent written and oral communication skills.
• Excellent interpersonal skills and a team orientation.
• Excellent critical/analytic thinking skills.
• Extensive knowledge of PC applications, including Excel, Word, Adobe, Outlook.
• Experience with Silverlake Xperience, JHAknow, and nCino preferred but not required.
• Become well versed in the Bank’s credit policy and underwriting standards.
• Learn compliance requirements and fulfill them.
• Self‑driven and highly accountable.
• Ability to multitask on several responsibilities effectively while meeting all expected deadlines and expectations set by the loan team or your manager.

Associate

Full‑time

Finance and General Business

Banking