Credit Analyst

Credit Analyst

Bogota Savings Bank has been a community-anchored financial institution since 1893. Originally established as Bogota Savings and Loan, we converted to a State Mutual Savings Bank in 1996 and later merged with Gibraltar Bank in 2021, expanding our footprint into Essex and Morris counties. We believe banking should be personal, local, and reliable. Our mission is to provide excellent customer service, affordable and efficient banking solutions, and superior product offerings to our customers across New Jersey. Whether it's through our full-service branches, surcharge-free ATM network, or modern digital banking tools, we serve our communities with integrity, care, and responsiveness. We are an Equal Opportunity Employer and are committed to creating an inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable law.

About the Role

As a Credit Analyst, you will play a critical role in supporting the Lending team by analyzing financial data, loan documentation, and risk profiles of current and prospective borrowers. Reporting to the Chief Lending Officer, you will ensure that credit decisions are informed, compliant, and aligned with the Bank's standards. This role provides an opportunity to interact with commercial real estate clients as a secondary point of contact, contributing directly to sound lending practices and strong client relationships.

Key Responsibilities

• Gather, analyze, and interpret credit information, leases, real estate appraisals, and investigative reports to assess creditworthiness of borrowers.
• Prepare comprehensive credit analysis packages and loan requests for review by the Internal Loan Committee.
• Review and monitor Commercial Real Estate Loan documentation at inception and throughout the loan lifecycle, including annual reviews.
• Assign and update credit risk ratings, ensuring timely tracking of reports, appraisals, and financial statements.
• Draft correspondence with clients to request financial information and support loan processing.
• Enter loan details into departmental systems, preparing recommendations for term sheets and loan offerings.
• Maintain compliance with all lending policies, regulatory requirements, and the Bank Secrecy Act/CIP procedures.

About the Candidate

You are detail-oriented, analytical, and highly organized. You enjoy working with financial data and take pride in accuracy and thoroughness. You balance technical expertise with strong communication skills, building trust with colleagues and clients alike. You thrive in a structured environment, adhering to regulatory standards while contributing to a client-focused lending process.

Knowledge, Skills and Experience

• Associate's degree or equivalent; bachelor's degree in finance, accounting, or related field preferred.
• Minimum of 2 years of banking experience with formal credit training.
• Strong knowledge of Microsoft Excel and Word; familiarity with lending software systems preferred.
• Excellent written and verbal communication skills.
• Ability to interpret financial statements, credit reports, and appraisal documentation.
• Strong organizational and time management skills with attention to detail.

Benefits

• Health, Dental, Vision (85 - 90% Paid by the Employer Depending on Plan Selection)
• 401k w/ 3% Non elective contribution + up to an additional 6% Match
• AD&D, STD, LTD, GTL, Voluntary Life Insurance
• 13 Holidays, 15 Days of PTO

Core Competencies

Manages Complexity You make sense of complex and sometimes contradictory information, applying structured analysis to support sound credit decisions.

Financial Acumen You use financial data and indicators to inform lending recommendations and ensure alignment with business goals.

Customer Focus You build and maintain strong client relationships while delivering solutions that meet client and organizational needs.

Ensures Accountability You take ownership of your work, ensuring accuracy, compliance, and timely completion of credit analyses.

Collaborates You work effectively across teams, supporting colleagues and contributing to shared success.