Mortgage Credit Analyst jobs in Salem, MA

Mortgage Credit Analyst assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Being a Mortgage Credit Analyst reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. Additionally, Mortgage Credit Analyst may require a bachelor's degree. Typically reports to a manager. The Mortgage Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Mortgage Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

M
Commercial Services - Senior Commercial Credit Analyst
  • Metro Credit Union
  • Chelsea, MA FULL_TIME
  • Incredible opportunity to make your mark in a dynamic, growing, successful Commercial Services team in the largest, state-chartered Credit Union in Massachusetts!  Reporting directly to the AVP, Commercial Credit Manager, you’ll support an impressive and varied portfolio of commercial projects while also seeing your impact on the communities we serve.   Conduct in-depth quality analysis and underwriting for complex and larger business loans, both for existing relationships and new loan requests, particularly those that are more complex in nature or have a greater level of exposure. Perform comprehensive annual reviews for the existing commercial loan portfolio and prepare modification requests and any risk rating changes, as needed. Act as a mentor and resource to the junior members of the team. Recommend loans within the confines of Metro’s policies and procedures; if carried out by management, recommendations could have a significant impact on MCU credit costs and profitability.   Essential Job Functions:    Act as mentor and resource to the junior members of the team. Work independently in analyzing borrowing prospects and more complex loan requests, adhering to Metro’s credit policies, procedures, and concentration limits, as well as state/federal regulations.  Collect and review financial information from Members and CPAs and identify any additional financial information necessary to perform a thorough global analysis. Develop an assessment of complex commercial credit risks through a thorough analysis process. Analyze business and personal financial statements and tax returns, industries, management profiles, business/product cycles, collateral, historical operating performance, and cash flow ability.  Work with Lenders in preparation of comprehensive and timely loan presentations, analyses, and recommendations. Contribute to discussions surrounding credit structure and mitigating risks. Conduct independent and objective annual reviews of existing credit relationships: prepare annual reviews, renewal requests, loan modifications and risk changes, as needed. Assist management with scheduled and unscheduled loan reviews of the existing portfolio. Interface with commercial appraisers, environmental professionals, and internal stakeholders. Review appraisal reports for accuracy and completeness in a timely manner. Make note of environmental risks and identify when further environmental due diligence may be necessary. Prepare written reviews with appropriate recommendations to support analysis and findings of Metro’s risk/exposure acceptance. Accompanied by Relationship Manager, meet with commercial lending prospects and borrowers to probe for information and develop an understanding of the business and its management.   Requirements:            Education and Experience   Bachelor’s degree and/or equivalent combination of education and work experience strongly preferred. Formal credit training strongly preferred. Minimum 4 years of commercial credit/lending experience strongly preferred.   Skills/Knowledge/Certifications Ability to analyze commercial and industrial (C&I), construction, as well as commercial real estate businesses, environmental reporting and commercial business and real estate appraisals.  Excellent quantitative/analytical and research skills. Strong attention to detail with accurate, thorough results. Must be a self-starter, anticipate and identify potential concerns and research solutions. Proven PC skills (Word & Excel). Knowledge of Loan Vantage preferred but must be familiar with typical loan operating systems and be willing to learn the system. Excellent communication skills, both verbal and written. Excellent interpersonal skills; proven ability to work within a collaborative team environment. Ability to balance multiple projects at the same time and meet deadlines. Ability to work independently and make educated credit recommendations with little to no guidance. Ability and willingness to be involved in special projects, as needed. Ability to maintain the confidentiality of credit and member information.   Work Environment: Position is eligible for Hybrid Work Agreement: minimum of 3 days/week in office. (Tuesdays, Wednesdays, and another day to be worked out within department).   Position is eligible for Compressed Work Agreement (4x10) – all four days must be on-site in Chelsea. Onboarding requirement of first 30 days in office   Why Join our team: Comprehensive Benefits: Health, Dental, and Vision coverage for employees working minimum of 20 hours/week; Metro provides assistance toward premiums and copays Annual bonus eligibility; annual retention bonus vesting program Three weeks paid vacation; 11 paid holidays 401(k) with matching plan & safe harbor plan – allowing every employee to save for retirement Wellness Incentives; Employee Assistance Program; Flexible Spending Account; Prescription Drug program and range of voluntary benefits (LTD, STD, AD&D) Discounts on Pet Insurance Strong growth opportunities with development plans and position-related or job-related tuition assistance to help you attain your long-term career goals Growing, dynamic environment - no day is ever the same and join an exceptional team of co-workers Apply today and explore this incredible opportunity and team!
  • 1 Month Ago

R
Credit Analyst
  • Robert Half
  • Maryland, MO PER_DIEM
  • Job Summary:Robert Half Finance & Accounting Contract Talent is collaborating with an organization to find a Credit and Accounts Receivable Analyst. This role is crucial for managing credit processes,...
  • 19 Days Ago

B
Credit analyst
  • Barton Associates Careers
  • Peabody, MA FULL_TIME
  • Overview : Are you searching for a career in one of the fastest growing industries in the US? Are you comfortable being surrounded by passionate and vibrant people who push you to be better? Are you d...
  • 19 Days Ago

C
Mortgage Loan Originator
  • Community Credit Union
  • Peabody, MA FULL_TIME
  • General Summary: The Originator proactively solicits new residential mortgage business and sells Community Credit Union mortgage products to meet established loan quality and origination/sales goals. ...
  • 22 Days Ago

M
Mortgage Specialist - Bilingual Spanish/English
  • Metro Credit Union
  • Chelsea, MA FULL_TIME
  • Mortgage Specialist – Bilingual Spanish/English As a bilingual Mortgage Specialist, you will work closely with our internal team, our members, and the communities we serve, to help drive sales of our ...
  • 22 Days Ago

1
Credit Risk Analyst, VP
  • 1686 SSGA Trust Company
  • Boston, MA FULL_TIME
  • POSITION DESCRIPTION: The Credit Risk position is a senior role within the SSGA Risk team. This person will work cross-functionally with investment and counterparty risk teams. Functional responsibili...
  • 18 Days Ago

Filters

Clear All

  • Filter Jobs by companies
  • More

0 Mortgage Credit Analyst jobs found in Salem, MA area

C
Data Warehouse Developer
  • Cybertec, Inc.
  • Title: Data Warehouse Developer Location: New York City Experience: 7-10+ years Client: NY State Homes and Community ren...
  • 3/28/2024 12:00:00 AM

M
Financial Analyst
  • Microline Surgical Inc.
  • Beverly, MA
  • Job Description Job Description SUMMARY: The Financial Analyst will play the key role in the collection, development, an...
  • 3/28/2024 12:00:00 AM

C
Financial Analyst (PERM)
  • Connexion Systems & Engineering, Inc.
  • Beverly, MA
  • Job Description Job Description Our client is looking for a Financial Analyst (PERM) in Beverly Massachusetts SUMMARY: T...
  • 3/28/2024 12:00:00 AM

R
N00005 - Recovery Support Specialist
  • Recovery Centers of America
  • Danvers, MA
  • RCA's Passion "I joined RCA in 2017 as a Recovery Support Specialist (RSS) and it was one of the most rewarding journeys...
  • 3/28/2024 12:00:00 AM

B
Recovery Specialist
  • Beth Israel Lahey Health
  • Danvers, MA
  • **When you join the growing BILH team, you're not just taking a job, youre making a difference in peoples lives.** **Job...
  • 3/28/2024 12:00:00 AM

F
Senior Financial Analyst - Hybrid
  • Flexible Recruiting Solutions
  • Belmont, MA
  • Job Description Job Description Senior Financial Analyst Our client is one of the region’s fastest growing financial ins...
  • 3/27/2024 12:00:00 AM

I
Contract to Hire:Commercial Procurement, Commercial Solar, EV Sales
  • Inertia Resources Inc.
  • Boston, MA
  • Job Description Job Description Seeking Full Time Sales Professionals that specialize in Commercial Sales and Team Devel...
  • 3/27/2024 12:00:00 AM

P
Recovery Support Specialist (RSS)
  • Psyclarity Health MA
  • Saugus, MA
  • Job Description Job Description As a Recovery Support Specialist (RSS), you'll be a part of our impactful mission of hel...
  • 3/26/2024 12:00:00 AM

Salem is located at 42°31′1″N 70°53′55″W / 42.51694°N 70.89861°W / 42.51694; -70.89861 (42.516845, -70.898503). According to the United States Census Bureau, the city has a total area of 18.1 square miles (47 km2), of which 8.1 square miles (21 km2) is land and 9.9 square miles (26 km2), or 55.09%, is water. Salem lies on Massachusetts Bay between Salem Harbor, which divides the city from much of neighboring Marblehead to the southeast, and Beverly Harbor, which divides the city from Beverly along with the Danvers River, which feeds into the harbor. Between the two harbors lies Salem Neck a...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$58,704 to $83,850
Salem, Massachusetts area prices
were up 2.5% from a year ago

Mortgage Credit Analyst in Cleveland, OH
Analysts benefit from on-the-job training, online development tools and a culture that encourages continuing education.
November 27, 2019
Mortgage Credit Analyst in Brownsville, TX
The Mortgage Credit Analyst will work with loan officers, underwriters, closers, borrowers and referral sources to obtain accurate and timely loan information.
December 30, 2019
Mortgage Credit Analyst in Shreveport, LA
Become an expert on our internal credit and cash flow models.
January 27, 2020