Commercial Credit Analyst

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Provident Bank is seeking experienced Credit Analysts to join our growing team!

Come learn why we are the Premier Super Community Bank!

How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania, and New York. Our longevity reflects our commitment to our employees, customers, and the communities we serve. At Provident Bank, we are dedicated to enhancing the experience of our customers and employees.

POSITION SUMMARY:

As a Credit Analyst, you will conduct detailed research and credit analysis of complex credit requests in the Commercial Credit Underwriting C&I Regional Department. You should have comprehensive knowledge of credit & risk analysis, credit rules, structuring of credits, regulations, and documentation, with the ability to exercise independent judgment within established Underwriting Guidelines and Credit Policy. You will work with and assist Commercial Loan Officers on customer calls and deal structuring.

The role also involves leadership in training less experienced staff and handling more complex assignments, such as larger deals or requests with high relationship exposure, under Executive Leadership and Credit Committee Approval Authority – Levels 8 & 9. Additionally, you will have responsibilities outside of credit work, including third-party vendor management, reporting, and special projects.

KEY RESPONSIBILITIES:

MINIMUM QUALIFICATIONS:

• Bachelor’s degree in Finance, Accounting, or Economics; MBA preferred.
• Formal credit training or higher banking education (e.g., Graduate School of Banking, Stonier, etc.).
• 3-10 years of experience in Commercial Banking.
• Thorough knowledge of underwriting, credit analysis, commercial loan structure, and regulations.
• Strong analytical skills to identify strengths and mitigate risks.
• Knowledge of commercial real estate lending, including investment, owner-occupied, and some construction.
• Proficiency in Commercial & Industrial lending, including debt service coverage, cash flow, A/R and A/P, WIP, Borrowing Base Certificates, and construction budgets.
• Strong computer skills, especially with loan origination software and MS Office (Word and Excel).
• Excellent verbal and written communication skills.
• Ability to prioritize multiple projects and meet deadlines.
• Effective meeting management, customer interaction, and presentation skills.
• Understanding of accounting practices, including balance sheets, income statements, equity reconciliation, and cash flows.
• Ability to manage and negotiate with third-party vendors under supervision.

PREFERRED QUALIFICATIONS:

• Certification in Credit Risk or Credit Management preferred.

WORKING CONDITIONS:

Work is mainly performed in a normal office environment with moderate noise levels. Prolonged sitting, lifting 5-10 lbs., occasional bending or overhead lifting, with hazards typical of an office setting.

HAZARDS:

Standard office hazards.

This job description may not be all-inclusive. Employees are expected to perform other duties as assigned. Job duties may be modified by management as needed.

Provident Bank values diversity and is an equal opportunity employer. All qualified applicants will receive consideration without regard to age, color, disability, gender identity, genetic information, military/veteran status, national origin, race, religion, sex, sexual orientation, or other protected status.

For over 180 years, Provident Bank has served individuals, families, and businesses with personal and business banking services.

Our brand promise - “Commitment you can count on” - reflects our community involvement and employee volunteerism. In 2022, we raised over $912,000 through contributions and volunteer efforts, supporting numerous organizations and causes.