GCIB -CREDIT ANALYST II/CREDIT UNDERWRITER I
About The Position
This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. Team member is responsible for analyzing and assessing a client's credit worthiness, evaluating credit exposure, and writing credit approval memos for annual renewals and new opportunities. Key responsibilities include analyzing qualitative and quantitative information such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the Bank's risk appetite. Job expectations include completing timely, regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of transactions and facilities.
Requirements
- 3 years commercial and/or corporate banking credit to include financial analysis experience
- Experience in underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
- Must have commercial credit analysis, financial modeling, traded products and underwriting experience
- Must have proficient Excel, Microsoft Word and Power Point skills
- Strong communication (verbal and written)
- Must be a Team player
Nice To Haves
- Bachelor’s degree in finance, accounting or another related field
- Formal credit training or related certifications
- Strong foundation in finance and accounting with experience building three statement and/or cash flow financial models.
- Familiarity with financial models (3 statement discounted cash flow projections)
Responsibilities
- Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
- Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
- Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
- Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
- Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
- Trains, coaches, and mentors credit analysts, and collaborate with team members
- Credit coverage of Banks, Broker Dealers, and Exchange Companies clients
- Manage the end-to-end credit approval process by managing analysts and the portfolio monitoring team-work flow to ensure quality of work and timeline management of deliverables.
Benefits
- Access to paid time off
- Resources and support to our employees
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
