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Careers

Begin your career by becoming a part of the Winter Hill Bank organization. We look for candidates who want to be an important part of our institution, who want to build working relationships with co-workers and who are striving for a career path that will be challenging and rewarding.

Winter Hill Bank is a community bank and we are proud of our reputation as a successful financial institution. Every one of our employees plays a special role in our overall success which solidifies the fact that working together as a team means our efforts will continue to contribute to the success and growth of our organization which has been serving the community since 1906.

Our benefits package for full-time employees includes the following:

  • Blue Cross/Blue Shield Group Medical Insurance
  • Company Contribution to Health Reimbursement Account
  • Flexible Spending Account and Dependent Care Account
  • Blue Cross/Blue Shield Dental Blue Dental Insurance
  • Company paid Defined Benefit Pension Plan
  • Defined Contribution  401K Plan*
  • Vacation, Sick and Holiday Pay*
  • Company Paid Disability Insurance
  • Company Paid Life Insurance
  • Tuition Reimbursement Program
  • Premium Conversion Plan (Section 125)
  • Banking Services (Free or Reduced)*
  • Free Parking

*These benefits are available for eligible part-time employees

Available Positions:

  • Credit Analyst
  • Commercial RE/Construction Loan Assistant
  • Loan Processor/Underwriter
  • Part-Time Bank Teller

Credit Analyst

Loan Center, 337 Broadway, Somerville, MA 02145

Credit Analyst Responsibilities:

Under the direction of the Sr. Credit Analyst this position performs various financial and administrative duties in the Commercial Real Estate and Commercial Credit loan review function in conjunction and in conformance with the Bank’s Loan Review and Asset Classification policy and regulatory requirements.

Job Duties:

 

  • Assists in organizing and conducting the ongoing loan review of bank’s existing Commercial and Commercial RE. Portfolio.
  • Assists with the coordination of periodic outside third party loan review audits and regulatory exams.
  • Maintains active communication with assigned major borrowers. Tracks and requests Borrower/Property financial information to insure the banks timely receipt of Borrower/Property financials for annual loan review.
  •  Requests updated financials and performs annual and interim reviews and analyzes financial statements, income tax returns and a supporting documentation on Commercial Loans and Commercial real estate borrowers to evaluate the ongoing financial condition of the borrower and property security.
  • Investigates and analyzes credit risks and recommends credit ratings in accordance with Bank policy and prepares written loan review.
  • Document loan review conclusions clearly and concisely and communicate results to the Sr. Credit Analyst.
  • Assist in the preparation of credit related reports for presentation to the Executive Vice President/CLO and Sr. Vice President/Commercial Lending.
  • Requests updated financials and appraisals for Construction loan term extension requests and prepares interim reviews.

Other Responsibilities Include:

  • Analyzes and summarizes new Commercial Real Estate and Commercial Loan credits as may be assigned or requested

Skills and Qualifications:

  • Bachelor’s degree in Finance or Accounting
  • Two years of relevant credit analysis experience in a commercial loan environment preferred
  • Demonstrated ability to write professional, comprehensive loan reviews, the ability to work independently and complete tasks on time
  • Must have excellent communication skills as well as strong financial analytical and organizational abilities
  • Proficient use of computers and technology required, PC Skills, and use of Microsoft Office Word, Excel and Power Point

 

 

 

Commercial RE/Construction Loan Assistant

Loan Center, 337 Broadway, Somerville, MA 02145

 

Responsibilities:

This position performs a variety of administrative and clerical activities related to origination and servicing of Participation Loans, Construction Loans and Multi-Family/Commercial R.E. loans in conformance with established Bank policies and procedures.

Job Duties:

  • Process, organize and input all Commercial R.E. and Construction loan applications into the Encompass loan origination software. Order credit reports, appraisal reports, flood certifications, title examinations and process and track progress of all related documentation. Insure that all related fees are paid and collected.
  • Prepare loan proposal letters and loan commitment letters.
  • Confirm that all loan commitment conditions are met. Coordinate loan closings with conveyancing attorneys and prepare loan closing documents.
  • Complete final loan file information form, enter all commercial R.E. and Construction loans into the core processing system and electronically file the loan documentation.
  • Perform post-closing audit on all loan packages returned to the bank by conveyancing attorneys.
  • Set-up all Participation Loans in the bank’s core processing system. Monitor and process payments and disbursements and forward to participant lenders.
  • Maintain Construction Loan Status Report and construction loan advance schedules. Order date down endorsements and process construction loan advances. Update core processing system for maturing loan extensions.
  • Reconcile monthly Construction Loan Status Report.
  • Reconcile all general ledgers related to the Construction/Commercial Real Estate function monthly and submit to Finance Department.
  • File maintain and convert construction to permanent loans in the core processing system.

 

Other Responsibilities Include:

  • Assist lending department as needed.
  • Performs all other loan duties as may be assigned or requested.

Skills and Qualifications:

  • Skills and Qualifications:
  • Bachelor’s Degree
  • Minimum of one year experience in Commercial R.E. Lending preferred.
  • Must have good financial analytical abilities and demonstrate organizational skills.
  • Must have excellent communication and writing abilities
  • Ability to utilize various types of office equipment, including computer terminal.

 

Loan Processor/Underwriter

Loan Center, 337 Broadway, Somerville, MA 02145

Summary:

This position processes and underwrites 1-4 family real estate secured and consumer loans in conformance with regulatory requirements, and Bank, Secondary Market Investor & vendor guidelines, policies and procedures.

Primary Responsibilities:

  • Receives submitted loan applications from all origination conduits. Ensures application package is complete and accurate, including all initial disclosures.
  • Inputs loan application or reviews previously submitted loan application data in Bank’s Loan Origination software system (LOS) &, if/as applicable, vendor software, within designated time frame, to ensure accuracy & initiate application processing.
  • Audits loan file documentation to confirm appropriate & accurate receipt and completion of any/all application documentation including appropriate signatures, dates and other relevant data.
  • When/as appropriate, prepares required initial or amended disclosures within required time frame.
  • Orders flood certifications, appraisal reports, title requests & if/as appropriate, credit reports.
  • Obtains all verification forms as necessary.
  • Tracks and ensures receipt of required documents. Reviews all documentation, when/as received, to insure accuracy and completeness, & updates loan data in LOS & vendor software systems.
  • Communicates loan status’ and related documentation deficiencies to applicants & loan interviewer/originator.
  • Works with applicants to complete pre-closing process in order to assure a timely closing.
  • Obtains mortgage insurance certificates (delegated M.I.) or submits loan file data to private mortgage insurance company for underwriting consideration, when applicable.
  • Submits and coordinates pre-funding quality control if/as necessary.
  • Reviews and evaluates loan file information/documentation for both compliance & underwriting decision to either approve (within delegated loan authority) or to recommend approval, denial or counteroffer. Ensures that the loan file is complete, accurate and in accordance with Bank and/or investor requirements.
  • Prepares & forwards loan commitments, denials and counteroffers, and all other written correspondence, including appraisal reports, to applicant. Forwards appropriate commitment/counteroffer correspondence to applicants, loan interviewer & (if not declined) closing attorney.
  • Tracks commitment to ensure that all pre-closing commitment conditions are satisfactorily met. Provides approving officer with exhibits for evaluation & sign off on all pre-closing conditions.
  • Serves as liaison with attorney relative to loan closing with respect to scheduling and final pre-closing exhibits.
  • Expands & maintains knowledge of regulatory, Bank, vendor, & Investor loan processing/underwriting guidelines, policies and procedures, and any/all compliance related considerations.
  • Resolves any post-closing quality control issues.

Other Responsibilities Include:

  • Answers mortgage loan telephone inquiries regarding current mortgage programs, rates and terms.
  • Performs related clerical and administrative duties as may be assigned or requested.
  • Assists VP/Lending with investor loan/lock registrations & wholesale lending functions, & researches any/all QC deficiencies.

Education & Experience:

  • High school diploma
  • Two to three years experience in loan processing/underwriting
  • Good understanding of the Bank’s loan products and services
  • Must be very detail oriented and demonstrate organizational, analytical and customer service skills
  • Must have excellent verbal & written communication skills
  • Ability to utilize various types of office equipment, including computer terminals.

 

Part-Time Bank Teller 

Part-Time Hours: Thursday and Friday 3:45pm to 6:30pm, Saturday 8:00am to 1:30pm

Corporate Office, 342 Broadway, Somerville, MA 02145

 

Responsibilities:

This position performs a variety of customer service and related duties to provide service to the Bank’s customers in conformance with established Bank policies and operating procedures.

Job Duties:

  • Organize work station for day’s activities, e.g., inventory and request cash as needed; verify cash upon receipt; obtain necessary forms and other supplies.
  • Process a variety of customer transactions, e.g., deposits, withdrawals, mortgage payments etc. Cash checks within limits of established policy, verify amount, examine checks for endorsement and verify signatures and customer balances.
  • Enter customers’ transactions into computer to record transactions and issue computer generated receipts.
  • Place holds on accounts for various reasons such as uncollected funds, out of state checks, etc.
  • Sell money orders, treasurer’s checks, gift checks and other bank related products.   Process various payments.
  • Balance transactions and cash upon completion of assigned shift by comparing totaled amounts with data recorded on computer. Perform “after-hours” work, e.g., reconciling bank checks, money orders etc. and scanning daily work and Bank documents as needed.
  • Perform related customer service duties as requested. Discuss Bank Products and Services that will benefit the individual customer’s needs and respond to their inquiries. Refer problems or concerns to supervisor for further action as needed.
  • May perform a variety of related clerical and/or support functions as assigned, i.e., routine correspondence, filing, typing, maintenance of records, data entry, back up to CSR where applicable and safe deposit box.
  • May provide assistance to Management Staff as needed.
  • May verify miscellaneous reports regarding customer accounts.
  • May provide services at drive-up window or branch offices as assigned.

Skills and Qualifications:

  • High school diploma or equivalent.
  • Previous experience working with customers.
  • Organizational and exceptional customer service skills required.
  • Excellent communication, typing and computer skills
  • Ability to utilize various types of office equipment

 

Winter Hill Bank
371 Summer Street
Somerville, MA 02144
Attention: Christina O’Kane
Fax number (617) 629-3327

For general information regarding employment at Winter Hill Bank or to submit your resume please click on the “Contact Us” button below.

Christina S. O’Kane
Winter Hill Bank
371 Summer Street
Somerville, MA 02144
Phone 617.666.8600
Fax   617.629.3327

Winter Hill Bank is an equal opportunity employer – Minorities / Females / Disabled / Protected Veterans.

Other Information:

Physical/Work Conditions:
In the performance of respective tasks and duties, the employee is expected to successfully perform the essential functions of the position.  Reasonable employee accommodations for physical or mental disabilities will be considered on a case-by-case basis.  While performing duties the employee is required to sit, bend, walk, talk, hear, pull, push, lift up to 20 lbs., and may be required to work evenings and/or weekends, attend remote meetings and/or to travel.

Company Conformance:
In the performance of respective tasks and duties, the employee is expected to successfully perform quality work within deadlines with or without supervision, interact professionally with other employees, customers and vendors (if applicable); work independently as a team while understanding the necessity for communicating and coordinating work efforts with other employees and organizations and act in the Bank’s best interests.

Bank Secrecy Act:
In the performance of respective tasks and duties, the employee is expected to maintain knowledge of and ensure compliance with Bank Secrecy Act regulations and all other regulatory, security and bank policies and procedures.

Privacy:
All personal and financial customer information will be maintained in compliance with laws and regulations designed to secure that privacy.  It is expected that all bank employees will comply with the policies and procedures the bank has in place or face discipline up to and including termination of employment.

Disclaimer:
A job description is not a contract for employment. The tasks stated are the general and ordinary duties of the position and may be subject to change at any time due to business needs, staffing issues, banking requirements, reasonable accommodation or other reasons.  From time to time other duties, both related and unrelated to the job description, may be assigned and, therefore, required and nothing in a job description restricts management’s right to assign or reassign duties and responsibilities at any time.