Credit Assistant

Commercial Credit Analyst

About Lowell Five :

With nearly $1.7 billion in assets, over 200 employees, and L5 banking center locations throughout the Merrimack Valley and Southern New Hampshire, Lowell Five is honored to play a vital role in the economic vitality of the region. We provide support of, and our employees are engaged in, a myriad of leadership roles for numerous community boards and organizations. We are proud of the longevity of our employees, and we are committed to finding new talent for our team. We offer career development and educational programs to support personal and professional growth along with a benefit package that supports each employees best life.

Essential Duties and Responsibilities :

Monitors emails to ensure timely processing of commercial credit information for new and existing borrowers

Reviews new commercial loan reports, creates financial and other loan document tracking, and refile financial data electronically

Creates credit files for all new clients in electronic filing system

Monitors various reports and documentation (e.g., Accounts Receivable Aging, Inventory Listings, and / or Borrowing Base Certificates), imports electronic files to Synergy, and updates appropriate tracking in credit software

Prepares and distributes all request letters through electronic or traditional formats

Prepares client relationship summary reports for Commercial Loan Officers and / or to support loan approvals

Creates monthly and quarterly Credit Department reporting for distribution to Senior Management

Fields incoming calls to the department, addressing initial client inquiries

Maintains compliance with bank policies, procedures, and legal regulations

Backs up the Appraisal Specialist as needed

Prepares credit references as requested

Please note this job description is not designed to cover a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change over time.

Requirements :

High school diploma or equivalent preferred

At least one (1) year of banking experience preferred, including knowledge of Fiserv DNA System

Working knowledge of Microsoft Office Suite, including Outlook, Word, and most importantly Excel

Willingness and aptitude to learn new systems as required to support bank growth and expansion of services

Ability to build and maintain relationships; team player with exceptional customer-service skills

Sound written and verbal communication skills

Detail-oriented with excellent organizational skills

Ability to multi-task, meet deadlines, and adapt to change

Must be willing and able to report to Headquarters in Tewksbury five days a week