Cayuga Lake National Bank is growing! Come grow with us. We were established in 1864 and continue to operate as a small-independent community bank. Two of our locations are on the eastern shore of Cayuga Lake, Union Springs NY, and Aurora NY. Our newest branch in Lansing, NY opened in 2021. The success of our 160 years of service is attributed to dedicated employees providing excellent customer service to our community.
We are a community minded, supportive and engaging employer.
Cayuga Lake National Bank promotes a work environment that includes:
- Growth opportunities
- On-the-job training and continuing education
- Lively atmosphere
- Company perks
Every employee of the bank is held to a high professional standard and committed to the mission of our community bank.
CURRENT EMPLOYMENT OPPORTUNITIES
CREDIT Analyst I
Department: Credit
Location: Union Springs, NY
Position Type: In Person Full-Time/40 hours per week - Monday thru Friday
Job Summary:
We are looking for a professional Credit Analyst to determine our customers’ creditworthiness. You will assist in the monitoring of Commercial loans in accordance with Cayuga Lake National Bank policy. Analyze financial, industry, management and credit information for relationships to determine creditworthiness and risks and potential mitigating factors involved in extending credit.
Job Responsibilities May Include:
- Analyze financial, industry, management and credit information for relationships to determine creditworthiness and risks and potential mitigating factors involved in extending credit
- Monitor existing clients through annual reviews for potential risks and recommendations
- Analyze financial statements, credit reports and other relevant information to assess the creditworthiness of commercial clients
- Prepare detailed loan presentations and present findings to lending team, Officer and Director level committees
- Collaborate with commercial lenders to structure smaller dollar credit facilities that meet the customers' needs while maintaining policy compliance and minimizing bank risk
- Communicate with customers the required information and overall bank process
- Complete ratio, trend and cash flows analyses and create projections
- Deliver a multidimensional perspective on the repayment outlook in an accessible and informative manner
- Determine in depth the degree of risk involved
- Carefully analyze data and produce clear and objective reports
- Adhere to credit policy and guidelines
- Draft models of credit information that predict trends and patterns
- Any other credit analyst duties
Qualifications:
- Proficiency in statistical packages and financial software
- Up to date with legal, compliance and market risk related issues
- Ability to analyze cash flows, leverage, collateral and customer strength
- Strong communication and presentation skills
- Sound judgement
- Must be able to work in a fast paste environment
- Have the ability to Prioritize
- Must be able to use Word, Excel, PowerPoint and other systems
Education and Experience Requirements:
- Preferred an Associate’s degree in Accounting
- Associate’s degree in another business related field
- Or at least 1 year experience as a Credit Analyst
Salary Range: $21.00 - 27.00 per hour
Benefits:
- Paid Time Off (PTO)
- Sick Time
- Health insurance
- Dental insurance
- Life insurance
- 401(k)
- Flexible Spending Account or Health Savings Account
- Continuing education and tuition assistance.
- Federal Holidays
- Reduced rates on loans
CREDIT Analyst II
Department: Credit
Location: Union Springs, NY
Position Type: In Person Full-Time/40 hours per week - Monday thru Friday
Job Summary:
The Credit Analyst II is primarily responsible for underwriting routine to complex commercial loan requests in the Commercial & Industrial (C&I) and Commercial Real Estate (CRE) areas. This includes analyzing financial information and preparing the credit analyses, ensuring that all loan requests adhere to CLNB’s loan policy and/or SBA requirements. Prepare the credit analyses which serves as the basis for approval of all commercial credit relationships. The Credit Analyst II also assists the Senior Credit Officer with various projects.
Job Responsibilities May Include:
- The Credit Analyst II is primarily responsible for underwriting routine to complex commercial loan requests in the Commercial & Industrial (C&I) and Commercial Real Estate (CRE) areas
- This includes analyzing financial information and preparing the credit analyses, ensuring that all loan requests adhere to CLNB’s loan policy and/or SBA requirements
- Prepare the credit analyses which serves as the basis for approval of all commercial credit relationships
- The Credit Analyst II also assists the Senior Credit Officer with various projects
- Analyze financial statements of all levels of quality and for a variety of different industries
- Identify strengths and weaknesses, as well as primary and secondary repayment sources, as it pertains to a borrower’s and/or corporate guarantor’s historical operating performance, or in the case of new credit being extended, performance on a proforma or projected basis
- Work with the Relationship Managers to efficiently prepare credit analyses to process new loan requests and annual reviews
- This includes, but is not limited to, analyzing information on affiliated debt, identifying major trends, and establishing risks and mitigants that support the risk rating
- Evaluate all facets of a guarantor’s personal resources through analyzing personal tax returns, personal financial statements and credit reports, including understanding the implications of transaction solely reported for tax purposes
- Responsible for completing assigned reviews, including annual, vendor and MBDs
- Review the loan documentation file, as necessary, to ensure that loans met the conditions of the previous approval
- Review the loan policy to ensure that loans meet the bank's policy requirements
- Review the Small Business Administration’s SOP to ensure that loans meet the SBA’s policy requirements and discuss possible deal structure alternatives
- Assists the Senior Credit Officer with various projects
Qualifications:
- Proven working experience as a credit analyst
- Proficiency in statistical packages and financial software
- Up to date with legal, compliance and market risk related issues
- Ability to analyze cash flows, leverage, collateral and customer strength
- Strong communication and presentation skills
- Strong analytical and critical thinking skills.
- Detail-oriented, conscientious, sensitive to confidential information, and efficient work habits required.
- Ability to work independently; reaches out for assistances as needed. Seek and incorporate feedback on your performance from management, co-workers and clients.
- Sound judgement
- Must be able to work in a fast paste environment
- Have the ability to Prioritize
- Must be able to use Word, Excel, PowerPoint and other systems
Education and Experience Requirements:
- Bachelor’s degree in Accounting, Business, Finance or a business related discipline required and a minimum of two years of credit analysis in commercial banking or commensurate experience in public accounting, or the equivalent combination of education and experience.
- Or 3 year experience as a Credit Analyst
Salary Range: $65 - 75K per year
Benefits:
- Paid Time Off (PTO)
- Sick Time
- Health insurance
- Dental insurance
- Life insurance
- 401(k)
- Flexible Spending Account or Health Savings Account
- Continuing education and tuition assistance.
- Federal Holidays
- Reduced rates on loans.
