Credit Analyst

Banc of California • Chevy Chase, MD

9d • $56,500 - $85,000 • Onsite

About The Position

The Credit Analyst position is expected to monitor the performance of borrowers, identify deviations from agreed upon performance, and take the appropriate remedial steps. The Credit Analyst should strive to understand the client’s operating performance and needs, and work to build strong working relationships with clients, and other constituents. The Credit Analyst will work closely with a Loan Officer to assess client credit risk. Performs all duties in accordance with the Company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the Company operates.

Requirements

• Ability to analyze financial statements (profit and loss, balance sheet, and cash flow statements)
• Strong organizational, written and verbal communication skills
• Ability to work independently and collaboratively
• Ability to interface effectively and professionally with senior level management
• Ability to multi-task several projects at once
• Excellent attention to detail and accuracy
• Excellent organizational and time management skills
• Proven ability to use Microsoft Office Suite (Outlook, Excel, MS Word, and PowerPoint)
• Creative and strategic thinker capable of analyzing information/processes to determine overall trends and make appropriate conclusions
• 2+ years of related experience
• Bachelor`s degree in Finance, Accounting, Business Administration, or equivalent experience.

Nice To Haves

• Experience in general accounting
• Experience in loan servicing, modifications, and credit risk monitoring.
• Experience working with SBA lending platforms.

Responsibilities

• Conduct financial analysis of credit and collateral of borrowers, with emphasis on data accumulation and trend analysis.
• Perform financial, operational, valuation, underwriting, and transactional analysis.
• Participate in borrower risk assessments.
• Interact with various management staff.
• Ensure loan documentation aligns with SBA SOPs and internal policies.
• Process payment transactions in the core processing system according to loan terms.
• Assist with various SBA specific reporting requirements.
• Maintain accurate records and update loan tracking systems for taxes and insurance.
• Address borrower inquiries related to loan servicing, payment processing and compliance requirements.
• Performs other duties and projects as assigned.

Benefits

• 401k plan which includes a company match and immediate vesting
• medical, dental, vision, AD&D, supplemental life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA)
• adoption, surrogacy, and fertility assistance
• paid parental leave and family support solutions including care options for your family
• paid vacation days, holidays, and volunteer time off
• tuition reimbursement
• an annual mentorship program
• leadership development resources
• access to LinkedIn Learning

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level