Credit Analyst II

Here at Norway Savings Bank, we strive to create a positive, team-based culture that leverages each person’s unique gifts and strengths and offers the support to achieve great things. 

A place where your unique being shines through.

Join our Commercial team as a Credit Analyst, where you'll assist the Bank's Commercial Lending Officers in the origination and maintenance of their commercial Borrower relationships.  You'll apply your knowledge of financial analysis, credit risk, and commercial lending to evaluate opportunities, structure sound credit solutions, and provide recommendations that support both our customers' success and the Bank's long-term growth in this highly collaborative role.

Key Pieces of the Position:    

• Prepares credit approval and underwriting analysis of new, potential, and existing commercial borrowers with work primarily centered in those credits classified as moderately complex.
• Completes annual reviews and line of credit renewals for the Bank’s larger and more complex existing borrowers.
• Makes risk rating and structuring recommendations based on the Bank’s Loan Policy.
• Performs financial statement spreading and analysis. Analyzes subsequent output for positive/negative trends and overall credit quality.
• Demonstrates understanding of tax returns and the purpose for utilization of various schedules.
• Prepares written proposals that summarize the borrowing request, an analysis of the financial condition of the borrower, the adequacy of collateral and the tertiary sources of repayment.
• Conducts routine credit investigations on companies and industries as credit warrants.
• Promotes the best interest of the Bank whenever and wherever possible.
• Assists with the training of new Credit Analyst I positions.

What You'll Bring:

• High school diploma or equivalent required; college degree in banking, finance, accounting, statistics, or economics-related field preferred.
• 3-5 years of experience in an analyst role supporting the commercial lending function.
• Familiarity evaluating and analyzing complex tax returns.
• Experience in commercial credit underwriting / analysis.
• Completion of a credit training program.
• Superior skills in Microsoft Excel, Power Point and Word.
• Strong written and verbal communication skills.
• Proven ability to think critically.
• Motivated, self-starter with ability to adapt in a fast-paced environment.
• Works well independently and as a member of the team.

What We Offer:

• 160 hours of paid time off per year, increasing with longevity
• 48 hours of paid sick time per year
• 11 paid holidays
• Top tier full insurance benefits
• 401K with exceptional employer matching and contributions
• Tuition reimbursement 
• Employer HSA contributions
• Comprehensive Wellness Program with access to complimentary Heath Coaches, on-site fitness rooms, and monetary incentives for reaching your wellness goals
• Valued work-life balance
• A hands-on team that is committed to the growth and success of our employees

Working Conditions:

• Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards.
• Minimal physical effort required; normally seated with freedom of movement on a regular basis; handling of light materials and supplies.

 **External and internal applicants, as well as position incumbents who are or who become disabled as defined by the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis.**