Senior Credit Analyst at MutualOne Bank – Framingham, Massachusetts

Position Description

Title: Senior Credit Analyst

Department: Credit Administration

Reports to: AVP, Credit Officer

Supervises: None

Classification: Exempt

Date Prepared: September 26, 2025

Summary / Objective

The Senior Credit Analyst (Analyst) is responsible for determining and monitoring credit risk in the commercial loan portfolio, and for assisting the AVP, Credit Officer with overseeing and training credit administration department staff. Responsibilities include collecting and analyzing financial statements, preparing loan memoranda and annual reviews, determining, and assigning risk ratings, assist in the borrowing base review process, reviewing real estate appraisals and assisting in the administration of the Bank’s credit policies. The analyst may also perform market research and perform other duties as assigned.

Experience & Education Requirements:

• Bachelor’s degree in Business, Finance or Accounting.
• 5+ years of credit and financial statement analysis experience
• Good interpersonal, communication & computer skills

Essential Job Functions:

• Evaluates the financial condition of individuals and businesses applying for credit with the financial institution.
• Analyzes loan data on new and existing loans and borrower relationships, including data provided by credit bureaus, other financial institutions and financial institution files.
• Determines if loan requests meet sound underwriting standards.
• Monitors adherence to loan policies and credit risk review policies
• Assists with reviewing borrowing bases for formula-based / non-conforming asset-based loans
• Prepares and presents memos and management reports to the Security Committee on a regular basis.
• Identifies credit risk situations and provides guidelines to line of business lending managers.
• Oversees and manages financial information files to assure current financial statements, accounts receivable and other information on customer accounts.
• Reviews and updates new and existing loan files for the financial institution on an as needed basis.
• Prepares spread sheets, reports, summaries and opinions for financial institution officers on new, renewal and existing loans.
• Maintains knowledge of department policies and procedures through internal and external training activities
• Assists with monitoring departmental workload; provides mentoring and guidance to junior credit department staff.
• Maintains knowledge of department policies and procedures through internal and external training activities.
• Works under general supervision and in compliance with established policies, procedures and regulations.