Credit Analyst I

Peapack-Gladstone Bank - Bedminster, NJ

Full-time - Entry Level

Bedminster, NJ

Credit Intermediation and Related Activities

About the position

The Credit Analyst I position at Peapack-Gladstone Bank involves underwriting straightforward credit transactions primarily for existing clients, with guidance from senior team members. The role focuses on analyzing financial statements, conducting due diligence, and preparing written credit analyses to support loan officers in their proposals. The position is integral to maintaining the bank's commitment to providing exceptional service and fostering a supportive workplace culture.

Responsibilities

• Spread and analyze business and personal financial statements; evaluate the information and prepare written presentations using current financial information and all other pertinent information.
• Perform due diligence on prospective clients in order to obtain information used in the preparation of analysis.
• Conduct industry analysis, risk grading and stress testing in the preparation of written credit analysis.
• Attend meetings to discuss, as necessary, commercial credit proposals being presented by Loan Officers.
• Inform Loan Officers when up-to-date financial statements are needed on a commercial account.

Requirements

• Bachelor's Degree in business, finance or accounting or equivalent experience.
• Ability to analyze balance sheets, income statements, and cash flow information.
• Ability to analyze personal financial information as presented by Credit Bureaus.
• Working knowledge of Microsoft Access & Outlook, Word, Excel, Co-Star, and Moody's.
• Excellent verbal, written communication, and interpersonal skills.
• Able to read, write, and speak English well.
• Able to deal effectively, tactfully, and courteously with customers, visitors, and the personnel of other departments.
• Ability to meet deadlines.
• Ability to maintain confidentiality of information.

Nice-to-haves

• Assume additional responsibilities as assigned.
• Maintain a neat and orderly work area.

Benefits

• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance