Credit Analyst I

Braemar Hotels & Resorts•New York, NY

About The Position

Under guidance of Credit management, the Credit Analyst I analyzes commercial loan requests and borrower information, including financial performance, industry trends, and economic conditions, to make initial assessments of creditworthiness. The role prepares analytical details and written summaries that support credit risk rating assignments and documents deviations from the Commercial Loan Policy. The analyst supports commercial lending through preliminary reviews of borrowers, collateral, guarantors, and portfolio clients; assists with loan packages and annual reviews; and learns alternative structures that can reduce credit risk. The position also requires compliance with banking regulations, agency guidelines, company policies, and file-maintenance requirements. The analyst works with lenders and portfolio managers and may interact with customers, prospects, and referral sources.

Requirements

Basic knowledge of credit and financial analysis techniques.
Understanding of business, finance, accounting, and economic factors affecting credit analysis and credit issuance.
General knowledge of the lending process and ability to interpret policies and procedures governing commercial credit.
Demonstrated written and verbal communication and listening skills.
Demonstrated interpersonal skills and ability to work in a team environment.
Strong organizational skills, ability to prioritize in a multitask environment, and ability to meet deadlines.
Proficiency with Microsoft Office, particularly Word and Excel.
Ability to maintain confidentiality of credit and customer information.
Bachelor’s degree in Business Administration, Finance, Accounting, or Economics, or equivalent related work experience.
Demonstrated work experience in an office environment.

Nice To Haves

Office experience in banking or financial services.

Responsibilities

Analyze commercial loan requests and borrower information, including financial statements, management profiles, business and product cycles, cash flow, operating performance, and debt service.
Conduct preliminary assessments of borrower creditworthiness and research relevant economic, market, and industry conditions using external sources.
Perform preliminary collateral analysis, assess collateral quality and source, and apply an appropriate discount factor under lending staff guidance.
Analyze guarantors’ financial positions and personal net cash flow using personal financial statements, tax returns, and credit reports; identify and summarize contingent liabilities.
Assist in preparing initial credit assessments that summarize strengths and risks and identify deviations from Commercial Loan Policy.
Learn alternative loan structures that may reduce credit risk under the guidance of senior commercial lending staff.
Recommend credit risk ratings under guidance and direction.
Assist in preparing loan packages for presentation or approval, including spreads, cash flows, and required attachments.
Partner with the lending team on annual reviews of portfolio clients, including financial reviews, site visits, and assessment of business information and risk indicators.
Ensure work complies with applicable laws, regulations, company guidelines, and policies; seek guidance from senior credit staff when needed.
Develop knowledge of company and department systems, practices, and policies, and participate in training to expand knowledge and analytical abilities.
Participate in special projects and perform additional duties as required.
Understand banking regulations, agency guidelines, organizational policies, and file-maintenance compliance requirements.