Commercial Real Estate Credit Analyst
About The Position
The Commercial Real Estate Credit Analyst 1 supports Relationship Managers and Portfolio Managers in the underwriting, credit monitoring, and ongoing management of a diverse portfolio of commercial real estate relationships. This role is responsible for performing detailed financial and credit analysis, supporting credit approval requests, monitoring portfolio risk, and ensuring compliance with bank credit policies and underwriting standards. The analyst plays a key role in assessing credit risk and maintaining the overall credit quality of a complex CRE portfolio. The position sits within the Commercial Real Estate (CRE) group covering a broad platform that includes institutional‑size CRE, middle market, and other CRE segments. The team underwrites all major commercial property types (excluding single‑family homes), including multifamily, office, industrial, retail, data centers, self‑storage, hospitality, and life science properties.
Requirements
- Bachelor's degree, or equivalent work experience
- Up to 6 months of experience in a finance/analytical related role
Nice To Haves
- Background in commercial real estate, finance, accounting, or economics
- Strong commercial real estate credit underwriting and financial analysis skills
- Experience with CRE cash flow modeling, collateral valuation, covenant analysis, sponsor analysis, and market research
- Demonstrated ability to independently perform financial analyses for new requests, modifications, and ongoing credit monitoring
- Experience authoring credit memoranda and supporting credit approval processes
- Effective analytical and technical report writing skills
- Strong verbal and written communication skills, with the ability to clearly present risks and recommendations
- Ability to work independently while collaborating closely with Relationship Managers, Portfolio Managers, and Credit Approvers
- Familiarity with banking policies and commercial real estate underwriting processes
- Proficiency in Microsoft Excel and the broader Microsoft Office Suite
- Experience with nCino and CoStar preferred
Responsibilities
- Support Relationship Managers and Portfolio Managers in managing an assigned portfolio of commercial real estate client relationships
- Perform accurate and consistent spreading of borrower financial statements in accordance with bank standards and credit policies
- Prepare quarterly trend analyses, monitoring reports, and covenant compliance testing
- Maintain compliance monitoring and financial reporting databases, including tracking credit agreement requirements, borrower financial receipt, and key credit metrics
- Participate in quarterly portfolio reviews, including analysis of operating statements, rent rolls, and risk assessments for approximately 15–20 loans
- Proactively identify and communicate emerging risks, mitigants, and other issues at the transaction and portfolio level
- Analyze borrower financials, property cash flows, collateral valuation, sponsor strength, covenant sensitivities, and market conditions
- Prepare clear, comprehensive written credit analyses and supporting documentation
- Support Portfolio Managers in preparing, underwriting, and presenting credit requests for approval
- Execute straightforward credit requests for existing clients with limited supervision
- Assist with annual company‑wide credit reviews for clients with multiple property holdings, including analysis beyond bank‑financed properties
- Support both existing property transactions (including refinancings) and ground‑up construction projects, including budget monitoring and monthly construction draw reviews through project completion
- Assist with new deal originations, evaluating opportunities with typical transaction sizes of $50MM–$100MM.
- Participate in the preparation and negotiation of term sheets, as applicable
- Collaborate effectively with Credit Approvers and internal risk partners
- Participate in client bank meetings, as needed, to support underwriting, portfolio management, and risk discussions
- Serve as a reliable first line of credit analysis, escalating issues appropriately
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
