Commercial Credit Analyst

Kearny Bank • Fairfield, NJ

4d • $60,000 - $85,000

About The Position

Assist the Bank in underwriting and risk assessment of new and existing commercial loans in accordance with established policies and procedures. Prepare credit risk and loan offering memos; develop a thorough and complete analysis of risks and to effectively interact with lenders and employees of the Bank.

Requirements

• High school diploma or equivalent required; bachelor’s degree in finance or business preferred.
• Minimum 2 years of related experience required.
• Credit analysis and/or underwriting experience in Commercial Real Estate and C&I.
• Thorough working knowledge of financial analysis and cash flow.
• MS Office proficiency required.
• Excellent written and verbal communication skills.

Responsibilities

• Prepare credit risk and loan offering memos; develop a thorough and complete analysis of risks.
• Review new and existing financial information on loans to develop key financial ratios.
• Order necessary searches to complete the underwriting process.
• Refer loans that do not meet basic standards to Management.
• Assist as directed in the collection of financial information on existing commercial loan borrowers.
• Analyze loan files and submit completed loans for approval.
• Respond to inquiries from lenders regarding status of loans in process.
• Complete all required paperwork and forms in a timely and accurate manner; prepare all required reports

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED