2027 Commercial Banking Development Program - Credit Analyst - Phoenix, AZ- Specialized Mortgage Services
About The Position
As a Credit Analyst, you will be primarily responsible for spreading, managing, and maintaining financial background information on present and prospective customers, and developing credit studies for Loan Officers, Chief Credit Officer, and other Executive Management. You will manage spread assignments, conduct financial analyses, and maintain related records and files. One of your key responsibilities is the preparation of a variety of credit department reports. Specialized Mortgage Services (SMS) is a specialized lending and financial-services platform that includes Warehouse and MSR Lending, Note Finance, Correspondent Mortgage Services, Treasury Management, and supporting technology and analytics functions. These businesses support mortgage-industry clients through lending facilities, asset purchases, deposit and treasury services, portfolio oversight, and dedicated reporting and technology resources. Correspondent Mortgage Services (CMS) is a business within SMS focused on acquiring and managing residential mortgage assets, including jumbo mortgages and first-lien HELOC products. Its activities include loan purchasing, underwriting, quality control, trading, portfolio management, analytics, and post-purchase operations. You will be responsible for supporting the Credit Administration team in analyzing credit and collateral information to determine risk involved in lending money to customers. This includes collecting, organizing, and analyzing company financials to ensure Bank compliance, and updating the Bank’s systems accordingly. You will work directly with clients to resolve compliance issues and operational inquiries. You will review client financials and perform sensitivity analysis to evaluate credit risk in connection with Bank structures. You will prepare in-depth reports providing plans of action based on qualitative and quantitative research. You will collaborate cross-functionally with Bank groups to execute treasury management products, foreign exchange instruments, derivatives, as well as legal documents. You will produce loan packages for new and restructured loans. You will facilitate reporting and requests on behalf of the Bank with third parties, e.g., field auditors, appraisers, etc. You will monitor loan disbursements to ensure compliance with Bank regulations.
Requirements
- Completion of an Accounting course.
- Bachelor's degree or equivalent experience required.
- GPA of 3.0 or higher is required.
- Strong analytical, conceptual, communication, leadership, and organizational skills.
- An interest in working in Commercial Banking.
- Ability to self-motivate and work productively without supervision.
- Entry level speaking and writing communications skills.
Responsibilities
- Spread, manage and maintain financial background information on present and prospective customers.
- Develop credit studies for the Loan Officers, Chief Credit Officer and other Executive Management.
- Manage spread assignments.
- Conduct financial analyses.
- Maintain related records and files.
- Prepare a variety of credit department reports.
- Analyze credit and collateral information to determine risk involved in lending money to customers.
- Collect, organize, and analyze company financials to ensure Bank compliance, and update the Bank’s systems accordingly.
- Work directly with clients to resolve compliance issues and operational inquiries.
- Review client financials and perform sensitivity analysis to evaluate credit risk in connection with Bank structures.
- Prepare in-depth reports providing plans of action based on qualitative and quantitative research.
- Collaborate cross-functionally with Bank groups to execute treasury management products, foreign exchange instruments, derivatives as well as legal documents.
- Produce loan packages for new and restructured loans.
- Facilitate reporting and requests on behalf of the Bank with third parties, e.g. field auditors, appraisers, etc.
- Monitor loan disbursements to ensure compliance with Bank regulations.
Benefits
- Competitive salaries
- An ownership stake in the company
- Medical and dental insurance
- Time off
- A great 401k matching program
- Tuition assistance program
- An employee volunteer program
- A wellness program
- Opportunity to bolster business knowledge
- Learning the ins and outs of how successful companies operate and manage their finances
- Invaluable hands-on experience to help grow your career
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
