Credit Risk Analyst
Camden National Bank.com
Office
Portland, ME, United States
Full Time
Live Here. Play Here. Bank Here. Work Here.
If You’Re Looking To Build Your Career At A Forward-Thinking Organization With Deep Community Roots And A Vision For Growth, Success, And Giving Back, You’Ve Come To The Right Place.
Get To Know Us:
- We’re your local community bank—and have been since 1875—that is committed to providing excellent customer service and giving back to our communities.
- We foster a collaborative, inclusive work environment as part of a close-knit team where your voice is valued and heard.
- Our highly engaged employees are rewarded for their performance and have ample opportunities for cross-training and advancement within the organization.
- We’ve been named one of the best places to work in Maine, and offer robust benefits focused on your holistic well-being.
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The Credit Risk Analyst I will evaluate the nature and level of risk in the loan portfolio for effective recommendations to be made that will impact growth, strategy, and policy. This position will monitor changing industry, market, and economic conditions; analyze their effect on loan losses, and partner with teammates and supervisor to make recommendations for balancing risk and growth.
Essential Duties And Responsibilities:
- Perform analyses of loan portfolio performance and trends. Assist management in identifying emerging risks and overlapping trends. Collaborate and communicate with peers in Credit Risk, Credit, Special Assets, and lending areas to research and quantify potential risk.
- Provide support for the loan loss reserve analysis provided to the board of directors, quarterly. This work involves performing key financial calculations, documenting support, and helping assess model accuracy and performance.
- Assist with the production of the department’s quarterly internal (Board) and external (financial disclosures, press release) reporting. This work includes being able to perform queries, validate data, and work within the company’s reserve software to produce final reports provided to executive management, select board committees, and the full board of directors.
- Prepare materials for internal and external audits and examinations of credit risk activities, functions, and policies, including Sarbanes Oxley (SOX) testing of internal controls.
- Provide support for executive and board meetings facilitated by Credit Risk Administration including the preparation of agenda and meeting materials, preparation and distribution of meeting minutes.
- Attend education courses and seminars to enhance job skills.
Basic Qualifications:
- Strong academic credentials, Bachelor’s degree or work experience equivalent
- Intermediate in Microsoft Windows, Word, Power Point, and Outlook (or similar)
- Proficient Excel capabilities
- Database experience
- Proven ability to work both independently and collaboratively
- Attention to detail
Preferred Qualifications:
- Completed coursework and/or experience with statistical modelling
- Bank experience, loan underwriting or equivalent coursework
- Understanding of banking regulations and the role of internal policies
Skills And Abilities:
- Strong organizational and analytical skills
- Clear oral and written communication
- Commitment to on-going learning, skills development, teamwork
Supervisory Skills:
- This position requires effective self-management and teamwork, but no direct management/supervisory responsibilities
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Our Comprehensive Total Rewards Package Offers Something For Everyone!
- Robust medical, dental, and vision insurance packages
- Generous time off, including paid federal holidays and paid day off for your birthday
- 401(k) retirement savings plan
- Tuition reimbursement, professional development, and career growth opportunities
- Employee assistance program
- Comprehensive wellness program
Pursue a career at Camden National Bank and apply today. We can't wait to hear from you!
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We Are Guided And Inspired By Our Core Values:
- Honest and Integrity above all else
- Trust built on fairness
- Service that creates remarkable experiences
- Responsibility to use our resources for the greater good
- Excellence through hard work and lifelong learning
- Diversity realized through inclusion and respect
Equal Opportunity Employer
Employment with Camden National is on an at-will basis, meaning employment is not guaranteed for any specific period of time, and any employment relationship established may be terminated by either party at any time, for any reason, with or without notice. Completion of an employment application is not a contract, express or implied, guaranteeing employment. Camden National Bank is an Equal Opportunity Employer and does not discriminate on the grounds of race, color, religion, sex, sexual orientation, including gender identity and gender expression, national origin, citizenship status, age, disability, genetic information or veteran status.