Credit Analyst

SoFi•Elk Grove, CA

12d

About The Position

The Credit Analyst is responsible for underwriting and analyzing credit risk for commercial borrowers, with a primary focus on multifamily real estate. This role supports new loan originations and portfolio management by spreading financial statements, building cash flow models, preparing credit memoranda, and collaborating closely with relationship managers, portfolio managers, and clients. The analyst will also underwrite non–real estate credit products, including lines of credit, business term loans, and SBA loans.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Real Estate, or a related field
Minimum of 5 years of commercial credit analysis or underwriting experience, preferably within a bank or financial institution
Strong experience underwriting commercial real estate loans, particularly multifamily
Working knowledge of commercial lending products, including lines of credit and business term loans
Familiarity with SBA loan underwriting and documentation requirements
Advanced proficiency in Microsoft Excel, including financial modeling and cash flow analysis
Experience with nCino or similar advanced loan operating systems
Working knowledge of Airtable or comparable data management tools
Strong analytical, organizational, and written communication skills

Nice To Haves

Experience supporting relationship managers in a commercial banking environment
Familiarity with portfolio management and ongoing credit monitoring
Ability to manage multiple priorities in a deadline-driven environment
Strong customer-facing communication skills and collaborative mindset

Responsibilities

Underwrite and analyze commercial real estate loans with an emphasis on multifamily properties
Spread and analyze borrower and guarantor financial statements, tax returns, rent rolls, and operating statements
Build and maintain financial models, cash flow analyses, and debt service coverage calculations
Prepare clear, well-supported credit memoranda and internal reports for loan committees
Assist with underwriting and analysis of commercial lines of credit, business term loans, and SBA loan requests
Conduct global cash flow analysis for complex borrowing relationships
Work closely with relationship managers, portfolio managers, and customers to obtain required documentation and clarify financial information
Support ongoing portfolio monitoring, including annual reviews, covenant tracking, and risk rating updates
Ensure compliance with bank credit policy, regulatory requirements, and SBA underwriting standards
Utilize loan operating systems and data tools to manage credit files and reporting efficiently