Commercial Real Estate Credit Analyst I

Meridian Bank, N.A.•Malvern, PA

44d

About The Position

Responsible analyzing financial and market data required for underwriting commercial real estate loans, completing credit memos, communicating with appropriate coworkers; providing periodic reports; complying with operating policies and procedures established for this position. Reporting pertinent information to the immediate supervisor; responding to inquiries or requests for information.

Requirements

Bachelor's degree in Accounting, Business, Finance or related field
Minimum 1 year experience in lending or finance functional area
Ability to work in a team environment
Sound financial, analytical, and mathematical skills
Strong computer skills (MS Office, etc.)
High degree of attention to detail and ability to multitask
Valid Driver's License
Organizational and time management skills
Ability to work with little or no supervision
Excellent interpersonal and communication skills
Demonstrate independence in research, judgment and organization skills
Accuracy and consistency of all inputs, calculations and attachments
Timely and regular attendance
Writing in a professional business manner, using concise relevant information
Completes work in a timely manner
Actively seeks coaching

Nice To Haves

Debt service analysis experience preferred
Loan memorandum preparation preferred
Moody's (or equivalent) Financial Statement Spreading experience preferred

Responsibilities

Performs credit analysis of prospects and customers assessing company's / project's history, industry trends, cash flow, leverage and collateral values
Compiles, evaluates, and analyzes a broad range of borrowers, both businesses and individuals, within the commercial loan portfolio and works with lenders to maintain and expand portfolios
Prepares and maintains financial statement worksheets and complete spreads in accordance with generally accepted accounting practices
Completes full loan approval memo based on current Bank policy. Accurately states loan structure, conditions and reporting requirements based upon officer input. Researches legal entity for formation documents, existing debt and liens, industry analysis and economic outlook. Completes summary background and ownership/management structure
Reviews and analyzes project costs and projected cash flow, on either a sales or a rental scenario
Inputs and calculates global cash flow and debt service ability on spreadsheets. Prepares schedules for complete personal and/or business income and debt service from financials and credit reports. Analyzes and interprets ratios, summarize for Loan Memo attachments
Accompany lenders on prospect and customer calls, when appropriate, to obtain answers to credit related questions, as a result of his/her analysis
Monitors loan portfolio and assist in reporting of various loan quality measurement including:, monitoring interest reserves, preparing reports, and ongoing review of expiring loan extensions
Completes specialized duties unique to assigned commercial business, such as assisting in portfolio monitoring and review of existing facilities
Continuous development of account and credit analysis skills through coursework and RMA
Financial Accounting self-study courses. Other coursework involving accounting, finance, and relevant case studies developed in-house at Meridian will be made available
Performs site inspections on active construction sites and routine inspections
Ensures compliance, operational risk controls in accordance with Meridian or regulatory standards and policies; and optimize relations with regulators by addressing any issues. Notifies appropriate personnel of unique situations
Maintains Meridian internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
Demonstrates and promotes Meridian Bank's Core Values: Our Partners, Our People, Our Bank and Our Communities
Coordinates specific work tasks with other employees within the department as well as with other departments in order to ensure the smooth and efficient flow of information
Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the work place
Communicates with management and coworkers in order to integrate goals and activities
Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.
Other duties as assigned