Commercial Credit Analyst - Corporate Banking - Firstbank Pr

FirstBank Puerto Rico • San Juan, PR

6d

About The Position

The Commercial Credit Analyst analyzes client financial information, manages assigned account credit needs, structures and proposes credit facilities, and conducts periodic and annual reviews, criticized reports, risk ratings, and industry analyses. The role monitors delinquency, covenant compliance, Federal Regulations, Bank Policies, and the accuracy and completeness of collateral and related documentation. The Analyst also maintains portfolio data for the Department Head, tracks quarterly and annual review schedules, and assists with presentations and related tasks.

The position supports new and existing Corporate Banking borrowers by analyzing credit requests, preparing credit memoranda and recommendations, monitoring collateral and account risks, and coordinating with Business Relations Officers on documentation and loan closings. It provides responsive customer service and helps ensure that credit administration and regulatory requirements are met.

Requirements

• Bachelor’s degree in Business Administration.
• At least two years of experience in a similar position, preferably in financial services.
• Experience analyzing financial statements, financial modeling, and projections.
• Proficiency with computer software, including Excel and financial models.
• Knowledge of commercial or corporate credit practices.
• Ability to write, speak, and comprehend English and Spanish.
• Strong analytical thinking capacity.
• Leadership skills.
• Strong communication skills.
• Strong interpersonal communication skills.
• Strong problem-recognition and problem-solving skills.

Nice To Haves

• MBA.
• Experience in the financial services industry.

Responsibilities

• Analyze and structure credit requests for new and existing Corporate Banking borrowers within established standards and timelines.
• Prepare credit memoranda and attachments that present relevant credit risks and recommendations.
• Periodically monitor collateral for changes in value, manage collateral exceptions, and follow up on pending items.
• Manage assigned accounts and borrowing relationships within established risk parameters.
• Manage risks in existing borrowing relationships through appropriate credit strategies, structures, and compliance with credit policies.
• Monitor delinquency reports and client conditions to determine when closer monitoring is needed.
• Refer potentially problematic loans to the Department Head and/or Work Out unit as applicable.
• Establish appropriate remedial attention levels and define action plans with the Department Head and Business Relations Officers.
• Work with Business Relations Officers to review documentation and obtain information needed for loan closings.
• Monitor compliance with company policies, practices, and regulatory requirements to support satisfactory internal and external audit ratings.
• Perform credit administration, including customer and site visits, covenant compliance, borrowing base reviews, periodic financial statement reviews, risk rating analysis, review of overdrafts and account usage, and periodic review of collateral and documentation.
• Provide high-level customer service through responsiveness, work quality, product and process knowledge, and professionalism.
• Maintain portfolio data and statistics for the Department Head, track quarterly and annual review schedules and reporting requirements, and assist with presentations and special projects.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level