Business Credit Analyst I

Position Summary: Ready to take your career to the next level with a bank that stands out from the crowd? At Saco and Biddeford Savings we don't just crunch numbers - we build relationships, deliver solutions, and serve with compassion. We're looking for a driven Business Credit Analyst who thrives in an environment of integrity, accountability, and respect, while striving for excellence every day. In this exciting role, you'll be at the heart of helping individuals and businesses succeed. You'll perform dynamic financial analysis, diving into financial statements, cash flow, collateral, and credit reports to make impactful lending decisions. Your expertise will guide both prospective and existing clients, ensuring their financial stability while applying the right risk ratings in our cutting-edge loan origination system. At Saco and Biddeford Savings, teamwork is everything. You'll collaborate with a group of talented professionals who share a passion for excellence and a commitment to the community. We believe in supporting each other and growing together, and we're here to make an impact - not just with our clients, but within the communities we serve. If you're looking for a career where you can truly make a difference, work with a team that values your contributions, and grow in a culture built on accountability and respect, then this is the place for you. Essential Functions: Underwrite and prepare formal analyses for commercial loan requests, renewals, amendments, and extensions being presented to the Bank's Loan Committee. Organize and prepare spreadsheets, analytical information, and provide narrative summaries of the credit worthiness of borrowers/guarantors. Become proficient with the Bank's commercial loan origination system (LoanVantage). Identify credit risks and provide mitigating factors available to minimize that risk to the Bank. Perform credit inquiries, including credit reports and trade inquiries; analyze and summarize findings. Assess compliance with regulatory guidelines and identifies exceptions to loan policy. Assist in risk management of business loan portfolio by performing annual renewal and review analysis on existing loans and other analysis as required. Provide technical support and assistance to Commercial Loan Officers as needed. Provide support to the loan review department as needed. Provides professional, courteous and efficient service to all internal and external customers. Complies with federal and state banking regulations, as well as with all bank and department policies and procedures. Seek self-improvement by engaging in various training opportunities self-chosen or when offered by the Bank. Embrace the Bank's core values: Caring & Compassion, Excellence, Relationships, Trust, and Enrichment. Be a source of possibilities. Performs other miscellaneous duties or special tasks as required or assigned. Attends all required Bank meetings. Position Qualifications and Education Requirements: Four-year degree with emphasis in accounting, finance or business administration preferred. Minimum of 1-2 years' experience in commercial credit analysis, business/personal tax return analysis, and financial statement analysis software. Basic understanding of the lending process and familiarity with loan products. Good written and verbal communication skills. Experience in Microsoft Office Suite. Develop the ability to deliver quality work during times of increased volume. Develop the ability to work independently in organizing and prioritizing workload. Commitment to ongoing learning. Ability to work harmoniously, professionally, cordially and effectively with others, focusing upon the attainment of Bank goals and objectives through a commitment to teamwork. Maintains a good knowledge of and ensures compliance with, Federal and State Banking Regulations and follows Bank Policies and Procedures. Ability to read/see documents and computer screens, to communicate in person and via the telephone and use a computer and other office equipment. Is dependable and conforms to punctuality and attendance standards. Serves on various committees as assigned. Able to travel to all bank locations. Working Conditions: Physical surroundings are generally pleasant and comfortable with protection from weather conditions but not necessarily from temperature changes. Normally seated with freedom of movement on a regular basis. Extensive operation of computers and other office equipment requiring dexterity and coordination and frequent use of hands.