Senior Commercial Credit Analyst

Pioneer Bank, National Association•Town of Colonie, NY

6d•$67,500 - $106,100

About The Position

Completes in-depth analysis on borrowers with more complex financial holdings and mentors other less experienced staff members on the completion of credits as well as bank software applications, processes and procedures. A Senior Commercial Credit Analyst (Senior Analyst) will have completed detailed credit analyses in various industries such as: Commercial and Residential Real Estate Construction, Developers, Contractors, Auto Dealerships, Hospitality, C&I, Municipalities, Not-for-Profit, etc. such that an understanding of the unique characteristics within each industry is assessed. Furthermore, the Senior Analyst will assist in the assessment and analysis of term and trouble debt credits as well as the supporting documents that accompany these credits.

Requirements

Bachelor’s Degree in Business, Finance, or Accounting required.
Five (5) years’ experience in a Commercial Credit Analyst position preferred.
Proficiency with PC’s with Windows and Microsoft Office applications.
Experience working with automated commercial loan underwriting software.
Ability to create written credit requests for C&I and CRE loans, as well as swaps and municipal requirements.
Ability to analyze and evaluate a wide variety of credits for review by the Bank’s internal staff and Commercial Loan Committee.
Demonstrated ability to work independently while having a strong commitment to team work.
Excellent organizational and problem solving skills.
Ability to handle multiple priorities and projects within required deadlines.

Nice To Haves

Completion of formal credit training program preferred.

Responsibilities

Analyzes loan structure on new, renewal, and existing loans within the Bank’s portfolio that requires the experience of a Senior Analyst. In addition, a Senior Analyst will be able to assess weaknesses in the loan structure as well as within the Borrower’s financials and the industry within it operates. Furthermore, the Senior Analyst will understand the basics of SWAP transactions as well as how it impacts the Borrower’s debt obligation to the Bank.
Prepares comprehensive credit requests, including detailed descriptions of the credit facilities to be extended, Collateral Evaluations, the Borrower’s Operations (including financial operations with ratios to substantiate findings and conclusions, cash flows (Traditional, UCA, Contractor, etc) and projected cash flows), Industry Analysis, Guarantor Analysis, a Contractual Cash Flow Analysis and an Assessment of the Risks/Mitigants. Furthermore, when warranted, the credit request will include an Assessment of the Sponsor’s portfolio of real estate / business holdings.
Review, analyze and spreads the Borrower, Guarantor and/or Sponsor’s financial statements, Federal Tax Returns and Interim Financials within the established spreading parameters of Pioneer.
The Senior Analyst is responsible for the assessment of the Loan Facility’s risk rating within the criteria established by the Bank. Furthermore, for all Risk Rating adjustments, the Senior Analyst is expected to summarize the reasons accurately and comprehensively that supports the rating action along with its current outlook over the next 12-months as well as the parameters for an additional rating actions up or down.
The Senior Analyst possess a solid understanding of the Bank’s processing applications such as Baker Hill/NextGen, Horizon, including how to establish and/or complete: spreads, a new Borrower, an opportunity, assign an analyst, move to another stage, approve/disposition/decline a facility, etc. In addition, the Senior Analyst is required to update: tracking items, risk ratings, covenants for each Credit Request (includes new, reviewed, existing, declines, troubled debt, criticized assets, etc) completed and within the parameters established by the Bank. Furthermore, the Senior Analyst should possess a higher understanding of Baker Hill/NextGen’s processes such as: Report Writing, Group Function, Global Cash flow, Covenants, Risk Ratings, etc. Lastly, the Senior Analyst is expected explore new uses within the Bank applications which will result in efficiencies, streamlined processes and / or ease of tracking.
Performs credit inquiries with supporting 3rd party agencies such as: TransUnion/Experian, Credit Safe, UCC filings, GEOCode, Tax Searches, etc as needed.
Accurately assesses each facility’s loan structure and purpose for government and/or bank tracking purposes such as CRA, CDL, HMDA, HVCRE, Owner Occupied, Policy Exceptions, Structural Weaknesses, Modifications, Call Codes, FHLB-NY tracking, etc.
Provides technical advice and assistance to loan officers as needed.
Contacts borrowers and their financial representatives in order to clarify questions or issues that arise during the credit review process.
Participates in sales calls for new and existing customers with lenders as needed.
Assists the Special Assets department in calculating loan impairment analysis on a quarterly basis.