Commercial Real Estate Credit Analyst II

Northern BankWoburn, MA

$78,000 - $85,000 / year

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Overview

Schedule

Full-time

Career level

Senior-level

Remote

On-site

Compensation

$78,000-$85,000/year

Job Description

SUMMARY/OBJECTIVE:The Commercial Real Estate (CRE) Credit Analyst II is responsible for evaluating and underwriting commercial real estate loan opportunities. This role analyzes borrower, guarantor, and property-level financial performance to assess risk and determine creditworthiness, while providing clear recommendations to support sound lending decisions. ESSENTIAL FUNCTIONS:

Analyze borrower and guarantor financials, tax returns, and global cash flow
Evaluate property-level performance, including income, expenses, and debt service coverage and lease/tenant dynamics
Assess loan structure, collateral, and repayment sources to determine credit risk
Prepare clear, concise credit memos and loan presentations with recommendations
Conduct market and industry research, including rents, vacancy trends, and property conditions
Review third-party reports (e.g., appraisals, environmental) and identify risks and mitigants
Support loan origination, underwriting, and closing processes in partnership with Loan Officers
Perform annual reviews and ongoing monitoring of assigned credit relationships
Assist in the maintenance of Bank filing systems as new information is received.
Participate in ongoing process improvement initiatives.

JOB QUALIFICATIONS:

1–3+ years of experience in credit analysis, commercial banking, or real estate underwriting.
Bachelor’s degree in Finance, Accounting, Business, or related field.
Experience with commercial real estate lending (multifamily, office, retail, industrial).
Understanding of appraisal and collateral valuation concepts
Proficient in Microsoft Office suite including Excel and Word and familiar with basic computer applications.
Strong analytical and math skills required.
Ability to multi-task, prioritize work, and adapt to changes in working environment required.
Clear written and verbal communication required.
Salesforce experience preferred.

The annual salary range for the Commercial Real Estate Credit Analyst II is $78,000 - $85,000 per year.

About Northern Bank & Trust Company

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit www.NBTC.com or follow Northern Bank on Facebook (/NorthernBankM A/), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company/northern-bank-ma/).

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FAQs About Commercial Real Estate Credit Analyst II Jobs at Northern Bank

What is the work location for this position at Northern Bank?

This job at Northern Bank is located in Woburn, MA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Northern Bank?

Candidates can expect a pay range of $78,000 and $85,000 per year.

What employment applies to this position at Northern Bank?

Northern Bank lists this role as a Full-time position.

What experience level is required for this role at Northern Bank?

Northern Bank is looking for a candidate with "Senior-level" experience level.

What is the process to apply for this position at Northern Bank?

You can apply for this role at Northern Bank either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.