COMMERCIAL CREDIT ANALYST-CORPORATE - WATERFORD

First BanCorp • Miami, FL

2d • Onsite

About The Position

The Commercial Credit Analyst in the Corporate Banking Department is responsible for the underwriting and credit analysis of various loan types, including Corporate, Commercial Real Estate, Middle Market, and ABL loans, to determine their feasibility and credit risk. This involves evaluating and reviewing comprehensive loan packages, financial statements, tax returns, appraisal reports, environmental reports, and other supporting documentation to ensure compliance with credit, underwriting standards, and lending/credit policies. The analyst prepares Credit Approval Memorandums (CAM's) for presentation to the relevant approval authority committee. The role requires continuous interaction with Relationship Managers (RM's), Agent Banks, and customers to provide transaction status updates, address discrepancies, and resolve problems or concerns. Additionally, the individual will assist the Corporate Banking Department with matters related to loan policies and procedures, quality control, loan review, and underwriting. The position demands independent work with minimal supervision and the ability to meet established deadlines.

Requirements

• Strong knowledge of Microsoft Office Suite.
• Proficient at typing.
• Understanding of financial information and loan documentation.
• Able to handle stress.
• Attention to detail.
• Good communication skills.
• Minimum of two years in banking environment and/or credit field.

Responsibilities

• Responsible for the underwriting and credit analysis of Corporate, Commercial Real Estate, Middle Market and ABL loans, to determine feasibility and credit risk of granting loans.
• Underwrite and analyze loan packages by evaluating and reviewing loan package, financial statements, tax returns, appraisals reports, environmental reports, and other related loan information and supporting documentation.
• Ensure that the loan package complies with credit, underwriting standards and lending/credit policies.
• Prepares Credit Approval Memorandums (CAM’s) for presentation to applicable approval authority committee.
• Maintains continuous contact with RM’s, Agent Bank and customers as needed to provide information on transaction status, discrepancies and resolves problems, concerns/doubts.
• Assist the Corporate Banking Department concerning loan policies and procedures, quality control matters, loan review, and underwriting.
• Individual is required to work independently with little supervision and meet established deadlines.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees