IDB-posted 4 months ago
$90,000 - $110,000/Yr
Full-time • Mid Level
New York, NY

Perform timely financial analysis/underwriting for renewals, annual reviews, and modifications (extensions, waivers, amendments, etc.) by effectively weighing IDBNY’s credit policies and understanding of desired risk profile. Proactively monitor the portfolio for indicators of stress/risk such as failed covenants, downward financial statement trends, payment schedule interruptions, collateral devaluation, etc. Keep RMs informed of any issues with credit or portfolio risk. Identify and inform RM of cross-sell, referral and credit expansion opportunities. Ensure thorough and on-time collection of financial statements, rent rolls, and other required reporting requirements to allow for timely completion of End of Month (EOM) reports required for portfolio management. Support RMs in providing top client service in-line with the bank’s expected high standards. Remain well informed on all client matters to minimize risk. Complete the annual review of credits. Remain fully compliant on all client matters. Achieve all individual goals and contribute to all team goals. Develop positive working relationships with all segments and individual bank partners. Complete all required training timely. Conduct oneself as a true brand ambassador for the bank.

  • Perform timely financial analysis/underwriting for renewals, annual reviews, and modifications.
  • Proactively monitor the portfolio for indicators of stress/risk.
  • Keep RMs informed of any issues with credit or portfolio risk.
  • Identify and inform RM of cross-sell, referral and credit expansion opportunities.
  • Ensure thorough and on-time collection of financial statements, rent rolls, and other required reporting.
  • Support RMs in providing top client service.
  • Remain well informed on all client matters to minimize risk.
  • Complete the annual review of credits.
  • Remain fully compliant on all client matters.
  • Achieve all individual goals and contribute to all team goals.
  • Develop positive working relationships with all segments and individual bank partners.
  • Complete all required training timely.
  • Conduct oneself as a true brand ambassador for the bank.
  • Minimum experience of 3–5+ years in commercial loan portfolio management/underwriting or another relevant area required.
  • Strong credit and organizational skills.
  • Solid understanding of commercial lending.
  • Ability to work as part of the Middle Office team.
  • Familiarity with bank reports, systems and processes.
  • Strong communication skills (verbal and written).
  • Ability to work in a collaborative environment and meet tight deadlines.
  • Bachelor's degree in a related field required.
  • Strong technical skills including MS Office: Excel, Word and PowerPoint.
  • Prior experience with Salesforce and Core Banking systems is beneficial but not required.
  • Other CRM experience is a plus.
  • Jack Henry/SilverLake, FiServ banking application experience is a plus but not required.
  • Generous paid time off.
  • Medical coverage.
  • 401(k) plan participation from the first day.
  • Annual bonus eligibility.
  • Dental and vision plans.
  • Life and disability insurance.
  • Employee wellness program.
  • Retirement and savings plans with employer contributions.
  • Parental leave.
  • Tuition reimbursement.
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