Job Description

SUMMARY: Evaluates the financial condition of individuals and businesses applying for consumer, commercial and real estate credit with the bank. Will be assigned loans of varied complexity, particularly those with the highest complexity.    





Supports lenders through financial/credit analysis, collateral analysis, ratio calculation and other requested underwriting support for new loans, renewals and loan reviews. Reviews credits above $500K for commercial real estate loans and C&I loans; above $250K for commercial/consumer loans.



Researches and analyzes pertinent financial information for existing and potential commercial and consumer clients. 



Collects all necessary client prepared information and completes internal financial statement spreadsheets and projections of client’s financial condition.



Provides research into industry trends and evaluation of market data impacting prospective or existing clients’ business. Evaluates and reports on collateral adequacy.



Evaluates an individual’s or company’s stability, aptitude of management and creditworthiness by analyzing personal and corporate documents including balance sheets, income statements, tax returns, K1 schedules, etc. Validates any assumptions, projects, and overall company viability and ability to repay the credit request. Uses internal and web-based analysis tools as needed to document findings. 



Reviews appraisal reports.



Prepares and presents to Loan Officer written credit memoranda for credit approval, ensuring that all credit policy guidelines are adhered to and deviations are properly noted with valid and supporting mitigants.



Provides guidance to line partners regarding specific requirements of Credit Policy. Evaluates and recommends to Loan Officer the loan terms, covenants and conditions to ensure compliance with Credit Policy.



Monitors and reports to manager and line partners on covenant compliance for assigned loans. Interacts with other partners to report non-compliance to appropriate lending staff.



Evaluates bank’s vendors’ stability and analyzes pertinent financial information.



Researches and analyzes pertinent financial information for existing ACH clients.



Assists Chief Credit Officer to complete portfolio stress test.



Provides coaching and mentorship to Credit Specialists and Credit Analysts.



Performs other related duties as necessary.





Bachelor's degree in Accounting or Finance; five years of commercial and commercial real estate underwriting experience; or equivalent combination of education and experience. Additionally, two years of experience underwriting C&I loans, including knowledge of ratio analysis. Working knowledge of applicable industry laws and regulations required to review credit risk. Solid understanding of commercial credit analysis, including financial conditions, operating results and cash flow analysis. Formal credit training is required. Strong verbal and written communications skills. PC proficient in MS Word and Excel.




All candidates for hire will undergo a credit and criminal background check. Only qualified candidates will be contacted.   




Grove Bank & Trust is a drug-free workplace and an AA/Equal Opportunity Employer - Minorities/Female/Veteran/Disability.


Application Instructions

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