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$84k–$122k/yr
Full-time
Posted 49d ago
~40 hrs/week
Responsibilities
The Senior Credit Officer provides oversight of credit activities and serves as a Bank Credit Signer for affiliated banks. This role is responsible for preparing asset quality reports for senior management and the Board while monitoring organizational risk.
Requirements
Candidates must have at least 5 years of experience in commercial credit, lending, or portfolio management. Demonstrated knowledge of real estate and C&I commercial credit underwriting is required.
Full job description
Description
River Run is a shared services organization that supports banking affiliates, Newburyport Bank, Pentucket Bank and Rollstone Bank & Trust.
Job Summary
The Senior Credit Officer provides oversight and reporting in support of the company’s credit activities and serves as a Bank Credit Signer for an affiliated bank. This role also prepares and distributes asset quality reports to management and the Boards for all River Run banks. Report responsibilities include preparing monthly and quarterly asset quality reports for senior management and the board, producing credit information in support of the company’s CECL loss reserve calculations and coordinating internally for reports necessary to monitor and measure organizational risk.
Requirements
Essential Job Functions
Attend lender and PM meetings and remain involved with commercial pipeline activity
Produce and distribute asset quality reports to senior management and the Board
Present risk management findings and conclusions to the Board Joint Risk Committee, or other groups as requested
Assist with managing the company’s commercial appraisal and environmental programs
Answer questions and provide guidance to lending staff as Bank Credit Signor for an affiliated bank relative to loan policy, loan structuring and other matters
Contribute to the ongoing design and enhancement of the company’s commercial loan origination system
Provide back up coverage for the Chief Credit Risk Officer and the Commercial Credit Review and Analysis manager when needed
Performs additional duties, as directed by management.
Qualifications, Experience, and Education
5 years of commercial credit, lending or portfolio management experience
Demonstrated knowledge of real estate and C&I commercial credit underwriting requirements
Strength at transferring data into representative graphic and summary information
Organizational skills and experience
Professional presentation skills and strong interpersonal skills
River Run Services, LLC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, national origin, gender, sexual orientation, marital status, religion, age, disability, gender identity, results of genetic testing or service in the military.
If you are an individual with a disability and require a reasonable accommodation to complete the application process, you may contact Human Resources at [email protected] or call 978-462-3136.
The salary range represents an estimate based on market data for this position. Final compensation decisions are made based on experience, skills, and internal equity to ensure fairness and consistency across our organization.
River Run is the shared services company under the umbrella of River Run Bancorp, MHC, which is the mutual holding company for both Newburyport Bank and Pentucket Bank. It was created to help support and sustain community banking. River Run is community banking, evolved.
How much do Finance & Accounting jobs in Massachusetts pay?
Based on 3829 listings with disclosed salaries, most finance & accounting jobs in Massachusetts pay between $75k–$197k per year. Individual offers vary with seniority, company size, and specialization.
How many Finance & Accounting jobs are open in Massachusetts right now?
There are currently 5,598 open finance & accounting positions in Massachusetts listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Finance & Accounting roles in Massachusetts?
Companies currently hiring include State Street, Bank of America, TD, MassDEP, Wellington Management, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Finance & Accounting jobs in Massachusetts?
Yes — 2536 of the 5598 open finance & accounting positions offer remote or hybrid work (451 remote, 2085 hybrid).
How do I apply for Finance & Accounting jobs in Massachusetts?
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