Business Banking Credit Analyst/Underwriter - Boston, MA

About Brookline Bancorp

Brookline Bancorp, Inc. is a multi-bank holding company for Brookline Bank and Bank Rhode Island and their subsidiaries. Headquartered in Boston, MA, the Company has $11 billion in assets and branches throughout Massachusetts and Rhode Island. As a commercially-focused financial institution, the Company, through its banks, offers a wide range of commercial, business and retail banking services, including a full complement of cash management products, on-line banking services, consumer and residential loans and investment services designed to meet the financial needs of small-to mid-sized businesses and retail customers. The Company also provides equipment financing through its Eastern Funding and Macrolease Corporation subsidiaries.

NOTE* This role will be moving to the Boston Back Bay headquarters July 2024

What is Brookline Bancorp's most valuable asset? Our employees! That's why we offer competitive pay and excellent benefits which includes a matching 401k. We pride ourselves on hiring candidates that embrace our Core Four values: adaptability, accountability, leadership, and teamwork. Brookline Bancorp provides a great working environment that offers opportunities for advancement.

Principal Duties and Responsibilities:

• Analyze and underwrite C&I and CRE credit requests with attention to the 5 C's of Credit: Character (FICO), Capacity, Capital, Collateral, & Condition of their asset, whether all business assets (ABA), real estate or otherwise.

• Underwrite new loans and loan renewals in compliance with the Bank's loan policies.

• Spread tax returns and/or financial statements using Moody's or Baker Hill Financial Analyst

• Have strong knowledge of business and personal tax returns

• Be proficient with Financial Analyst Software

• Assist with credit scored loan requests

• Must meet or exceed department productivity standards for decision turnaround time

• Perform company and industry research.

• Present analysis in written proposals for approval.

• Assist in compliance with regulatory issues such as Reg B, Fair Housing, CRA, Flood, etc.

Portfolio Manager Responsibilities:

• Manage a portfolio of existing customers

• Produce portfolio status reports and use to facilitate portfolio management activities.

• Timely management of existing portfolio of customers by tracking and preparing annual renewals

• Identify potential problem loans, delinquent accounts and other loan deficiencies.

• Communicate and interface daily with Business Development Officers, Branches and internal and external customers assisting them with questions regarding loans and retail products.

• Loan Processing & Closing: Complete traditional small business loan processing functions including data entry, processing of credit approved applications, ordering appraisal reports, environmental reports, obtain loan payoffs, including collecting, reviewing other essential loan documentation, and prepare loan closing documents for both traditional financing and SBA financing.

Job Specifications (Skills, Knowledge and Abilities Required)

• Bachelor's degree in relevant field

• Minimum of (2) two years of commercial credit experience in a banking environment

• Formal credit training is preferred

• Excellent written and oral communication skills

• Extensive knowledge of PC applications, including Excel, Word and Access

• Be familiar with and fulfill compliance requirements

• Proven record of strong analytical and problem solving skills.

• Results-oriented team player that is skilled at achieving goals on time

Behavioral Skills

Consistently demonstrate behaviors associated with Brookline Bancorp's Core Four values: adaptability, accountability, leadership, and teamwork.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description is subject to change at any time.

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