Credit Analyst - Waterford

FirstBank Puerto Rico•Miami, FL

2d•Onsite

About The Position

The Corporate Banking Credit Analyst I primarily focuses on credit analysis, portfolio management, underwriting, and ongoing review of Corporate, Middle Market, and Project Finance loans. The role requires the ability to be a team player, communicate and collaborate effectively with Lending Officers, Credit Officers, Relationship Managers, Senior Team Members, and other Committee Members. The position emphasizes achieving an outstanding level of customer service in accordance with Bank’s standards and competencies. The employee is accountable for adhering to the Bank's BSA, AML, and Office of Foreign Asset Control (OFAC) applicable policies, and must follow specific unit procedures and mandatory training.

Requirements

Bachelor's degree in finance / business administration or related field
1 - 2 years experience
0-2 years in banking environment and/or credit field
Strong knowledge of Microsoft Office Suite and proficient at typing
Understanding of financial information and loan documentation
Must be able to work a flexible working schedule
Good communication skills and attention to details
Strong written and verbal communication for reports, presentations, in Spanish and English.
Prioritize tasks, manage deadlines, and coordinate resources effectively.
Handle sensitive financial and personnel information responsibly.
Ability to use Microsoft Office tools, banking software, data security protocols, and digital platforms.
Respond to changing regulations, market conditions, and organizational needs.
Understand and respond to internal and external client needs.
Knowledge of laws, regulatory compliance and other financial regulations.

Nice To Haves

Ability to use Microsoft Office tools, banking software, data security protocols, and digital platforms.

Responsibilities

Responsible for the timely and satisfactory completion of annual reviews, covenant compliance reports, leveraged loan monitoring reports, certain waivers/amendments, and others as required.
Assist in preparing green light and Credit Approval Memorandums (CAM’S) for presentation to applicable approval authority committee for existing and new potential loans.
Maintain up-to-date credit files and loan underwriting and portfolio management system, ensuring compliance with credit policies and regulatory requirements.
Coordinate across teams including credit risk, loan review, servicing, closing, and others, to ensure satisfactory internal reporting, compliance, and streamlined processes.
Analyze loans by evaluating and reviewing loan information, including financial statements, financial models, lender presentations/decks, public filings, data rooms, diligence reports, appraisal reports, and other related loan information and supporting documentation.
Assist in proactively anticipating and addressing topics that credit committee members will likely focus on.
Present reports, reviews, and loan files to the Corporate Banking Department and Credit Department for discussion and conclusion.
Inform the corporate banking team and Credit team of any material risk factor, discrepancy, or deviation discovered during the preparation and/or review of the CAM, its underwriting, credit analysis, and due diligence.
Maintain continuous contact with Credit Analyst II's and RM’s to provide information on transaction status, discrepancies, and resolve problems, concerns/doubts.
Assist the Corporate Banking Department concerning loan policies and procedures, quality control matters, loan review, and underwriting.
Assist in the preparation of Corporate Banking presentations.
Assist in periodic portfolio reviews to identify early warning signals and maintain proactive mitigation strategies.
Participate in Corporate Banking pipeline meetings.
Assist in the execution and maintenance of ancillary services including cash management and others.
Manage to meet internal and client deadlines.