Senior Credit Analyst

Job Description

Job Description

Senior Credit Analyst (E5)

Chelsea Groton is looking to hire motivated and dynamic individuals for our Credit Department. The Senior Credit Analyst is responsible for conducting in-depth credit analysis on commercial lending relationships, assessing risk, and making recommendations that align with our bank’s credit policies and risk appetite. The ideal candidate will bring strong financial acumen, sound judgment, and a collaborative mindset to support prudent lending decisions and portfolio management. Become a member of a positive, versatile and inclusive team that promotes self-development and empowerment for the benefit of our customers and our community.

Responsibilities and Requirements vary based on job level. Expectations include :

• Perform comprehensive credit analysis on new and existing loan relationships, including financial statement review, cash flow analysis, and risk rating assignments.
• Prepare and present credit memos with well-supported recommendations to senior management and loan committees.
• Monitor portfolio performance and identify early warning signs of credit deterioration, recommending appropriate action when necessary.
• Ensure compliance with internal credit policies, regulatory requirements, and industry best practices.
• Collaborate with loan officers to structure credit solutions that meet client needs while maintaining sound risk management.

Why Choose Chelsea?

The Bank has been named a Top Workplace in Connecticut since 2016. And with good reason! Our team members are encouraged and empowered to be better, go further, and help others. And there are lots of other perks too – competitive salary, 401(k) plan, paid time off, health benefits, wellness and engagement programs, leadership training, professional development, and learning opportunities for all team members, and more! Several members of the Bank’s team have been recognized in our industry and throughout the community by earning awards such as the Connecticut Bankers Association New Leaders in Banking, ICBA Forty Under 40, The Day Forty Under 40, Banking New England Women of FIRE, and more.

At Chelsea Groton, we don’t just meet the expectations of our community; we exceed them in the ways we, as a mutual bank, do business, and how we support local organizations financially and through volunteerism. We are focused on bringing together the best in digital, remote, and in-person capabilities. Our approach is designed around the lives of our customers so they can manage finances when, where and how they want, and team members can provide support to our customers in more ways too.

Apply today to join a company named Best Bank by The Day (2015 – present), Top Workplace by the Hartford Courant (2016 – present), and one of Forbes Best-In-State Banks (2021, 2022)!

Responsible for adhering to Bank policies and procedures relating to regulatory compliance requirements applicable to the job function including but not limited to the Bank Secrecy Act, Anti-Money Laundering, and Fair Lending. EOE / AA / M / F / D / V. Member FDIC.