Provident Bank, a multi-billion dollar bank with branches in NJ, NY and eastern PA is seeking an experienced commercial credit analyst for an opportunity based in our Paramus, NJ office.  Qualified candidates must be proficient in C&I lending including debt service coverage and cash flow, have seven or more years related experience and a sound understanding of accounting.  

We offer a competitive compensation package that includes; medical/dental/life insurances, 401(k) with match, Employee Stock Ownership Plan, generous paid time off, tuition programs, student loan paydown program and more!

POSITION SUMMARY

Under minimal supervision, this position is responsible for detailed research and credit analysis of complex credit requests in Commercial Credit Underwriting.  This is a senior position.  The incumbent is expected to 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.  At this level, the incumbent is expected to increasingly work with and assist the Commercial Loan Officers on customer calls and structuring deals.  The incumbent will show leadership in training less experienced staff members and handle more complex and/or challenging assignments (e.g., larger deals or complicated request with greater exposure to the Bank).  The incumbent will have a key role of consequence to the team outside of their credit related work.  For instance, being an Administrator of the Credit Quest workflow software.

MAJOR JOB RESPONSIBILITIES

UPERVISORY RESPONSIBILITIES

       Subject to business needs may have supervisory responsibilities.

SKILLS AND TRAINING

       Thorough knowledge of underwriting and credit analysis.

       Strong analytical skills with ability to highlight and mitigate risks.

       Knowledge of commercial real estate lending.

       Proficient in Commercial & Industrial lending including debt service coverage and cash flow.

       Strong knowledge of and the ability to practically apply, modern office software (MSword, Excel).

       Strong verbal and written communication.

       Ability to prioritize multiple projects and complete them on time.

       Ability to conduct meetings, effectively present information and respond to questions from

       peers, auditors and various levels of management.

       Sound grasp of accounting.

EDUCATION

Bachelor’s degree in Finance, Accounting or Economics.  MBA preferred.

WORK EXPERIENCE

7 or more years in commercial banking

LICENSES AND/OR CERTIFICATES

Certification in Credit Risk or Credit Management preferred

WORKING CONDITIONS

Work is mainly performed in a normal office environment.  Noise levels usually are moderate.

HAZARDS

The hazards are only those present in a normal office setting.

This job description may not be all-inclusive.  Employees are expected to perform other duties as assigned and directed by management.  Job descriptions and duties may be modified when deemed appropriate by management.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

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