Credit Analyst 

Reports to: Manager of Credit Administration

FLSA Status: Non-Exempt NE 18 | Supervisory Role: No

Why Join Us?

At Trustco Bank, we’re committed to fostering a supportive and inclusive workplace where our employees can grow their careers. We believe that our people are our greatest asset and consider our employees as family. We value each team member’s contribution and offer a supportive, collaborative work environment. Ready to turn data into decisions? Apply to be our next Credit Analyst at Trustco Bank.

We believe that investing in our employees means investing in the future of our company.  As a valued team member, you will be eligible for a generous compensation and benefits package that includes: medical, dental and vision insurance, a health savings account with an annual employer contribution, a 401(k)-retirement plan with generous employer match, paid time off plus 11 paid federal holidays, training and professional development programs, tuition reimbursement, reduced fees and rates on certain loan products, and much more!  

About the Credit Analyst Role

Are you a numbers person who loves to see the "big picture" behind a balance sheet? Trustco Bank is searching for a Credit Analyst to join our elite Credit Administration team. In this role, you aren’t just looking at data; you are a financial detective, uncovering the stories told by tax returns, industrial benchmarks, and credit reports to protect the bank's assets and empower our clients.

 

As a Credit Analyst, you serve as the primary architect of our credit approval packages. You will deep-dive into complex corporate and personal financial data to determine the heartbeat of a loan's risk level. Your insights and narratives will directly influence our lending decisions, ensuring that every dollar we lend is backed by sound logic and meticulous research.

 

 

Key Responsibilities

The Financial Deep-Dive: Analyze and interpret a vast array of data—from corporate tax returns and AR aging to appraisals and collateral evaluations—to establish creditworthiness.Industrial Benchmarking: Conduct high-level research on industry trends to identify external risks that could impact a borrower’s ability to thrive and repay.Narrative Excellence: Write the "story" of the credit. You will prepare detailed written narratives that outline performance trends, identify strengths and weaknesses, and make formal recommendations for risk ratings.Portfolio Health: Perform internal loan reviews on existing credits, "stress testing" current files to ensure our borrowers maintain the capacity to succeed in today’s evolving economy.Fiduciary Stewardship: Handle highly sensitive operational and financial information with the ultimate level of discretion and ethical integrity.Strategic Collaboration: Work alongside the Quality Assurance team to ensure all credit packages are airtight and compliant with 2025 consumer compliance laws.

This job description is not exhaustive; duties and responsibilities may change at any time with or without notice.

Qualifications & Experience 

Required

Analytical Powerhouse: You have a "detective" mindset and a passion for financial spreading and underwriting.Knowledge & Expertise: You possess a broad-based understanding of credit administration and the lending lifecycle.Elite Communication: You can take complex financial data and turn it into a clear, persuasive, and professional written narrative.Tech Mastery: You are a power user of Microsoft Excel and specialized banking software, using them to create sophisticated financial portfolios.A Bachelor’s degree in a business-related field.At least three (3) years of dedicated credit analysis and underwriting experience.

Preferred

A Master’s degree in Business, Finance, or a related field

 

Schedule

Full-time position. Monday – Friday, 8:30 AM – 5:00 PM

 

Physical Demands: 

 

Primarily sedentary; includes use of standard office equipment.

 

Equal Employment Opportunity Statement: 

 Trustco Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, marital status, genetic information, disability, or protected veteran status.  This includes, but is not limited to, the following:

•           Hiring, placement, upgrading, transfer, demotion or promotion

•           Recruitment, advertising or solicitation for employment

•           Treatment during employment

•           Rates of pay or other forms of compensation

•           Selection for training, including apprenticeship

•           Layoff or termination

 

It is the policy of Trustco Bank to cooperate to the fullest extent with the applicable regulations of the Civil Rights Act and any legislation on Equal Employment Opportunity.