boston planning & development agency


Job ID
Financial Services
Grade Level
# of Hours
Salary Range


boston planning & development agency








Under the direction of the Senior Finance Manager, the Credit Analyst provides support to the Senior Finance Manager by doing due diligence, analysis, and research on commercial loan requests for the Boston Local Development Corporation, and bond requests for the Boston Industrial Development Financing Authority. Applicants can range in size and complexity from a small neighborhood start-up to a large manufacturer or not for profit institution.  The candidate will provide independent analytical and administrative support and prepare loan and tax-exempt bond requests for internal review and submission to the appropriate Boards. The analyst will also put together company performance reports and portfolio updates. The analyst will also perform financial analysis for other agency and City development programs and projects as assigned.



The general duties and responsibilities of the position are included in but not limited to the information listed below.


Meet with Boston businesses to market BPDA products and programs. Partner with conventional, non-profit and quasi-public funding sources to leverage existing BPDA loan facilities as well as other City of Boston services to further aid in economic development and job creation through the funding of Boston businesses. Continually focus on business development in regards to potential and existing BLDC and BIDFA borrowers.


Interact directly with applicants, consultants, business district managers, and technical assistance providers to work towards improving the credit worthiness underlying marginal BLDC commercial loan applicants. Assemble and prepare all relevant materials and perform analyses required for BLDC Board review. Compile BLDC Board packages to include: business plans, credit and financial analysis on potential borrowers or borrower’s tenants; preparation of pro forma operating statements, sources and uses of funds statements, credit reports, industry background information, collateral asset protection charts and debt service coverage analysis.


Work with developers, business owners and individuals from large institutions while analyzing and qualifying large bond requests. This includes packaging and supporting the preparation of documents and tracking the steps required for processing, approving and closing tax-exempt bonds. This may include presentations to the Boston City Council as well as the BIDFA Board of Directors.


Participate in all BLDC and BIDFA Board meetings, take notes and ensure minutes are prepared. Assist in preparation of materials for distribution and presentation to each Board. May schedule Board meetings, contact board members regarding attendance and assist in development of the meeting agenda. Write board summary materials and resolutions, commitment letters and bond documents.


Assist in maintenance of the BLDC and BIDFA loan portfolios, including reviewing, updating and summarizing existing portfolio credit file documents and outstanding bond issues. May conduct site visits or contact clients by telephone or in writing to obtain information to update loan and bond files, such as periodic financial statements, proof of insurance coverage, etc. Perform credit analysis of existing BLDC portfolio accounts and identify at risk assets. Make credit recommendations to senior staff and arrange custom workouts with troubled accounts to assist distressed borrowers and protect BLDC assets.


Assemble data and prepare reports on portfolio and Corporation's activities for governmental agencies and internal use.


Prepare reports on BIDFA's portfolio of closed bonds. Service existing portfolio such as review of semi-annual employment progress reports, and monitor documentation of insurance, bondings, etc.


Assist in the writing and design of informational materials for BIDFA and BLDC.


Perform other related duties as required.




Work requires completion of a Bachelor's Degree in business, accounting or finance (Masters preferred) and 2 years of related experience, including a working knowledge of credit and financial analysis.  Ability to effectively present financing solutions, compare alternatives, and respond to questions from clients. Goal-oriented with demonstrated ability and enthusiasm to generate business opportunities. Strong problem-solving and communication skills and ability to respond to questions from the public with diplomacy. Proficient in Microsoft products and ability to use/maintain database information.



Normal office environment.



Little or no exertion.



Not applicable.




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