AVP/Senior Commercial Credit Analyst

Kearny Bank • Fairfield, NJ

2d

About The Position

This position supports the underwriting and risk assessment of new and existing commercial credit relationships. The Senior Commercial Credit Analyst analyzes financial information, evaluates credit risk, and prepares comprehensive credit memoranda in accordance with established Bank policies and procedures. The role works with lenders and other internal partners to identify credit risks, evaluate repayment capacity, and provide analysis and recommendations that support credit decisions.

The position also supports ongoing assessment of borrower performance and credit risk for existing relationships, maintains credit analysis documentation, prepares assigned reports, and monitors financial performance and risk indicators for assigned relationships.

Requirements

• High school diploma or equivalent required.
• Minimum of 4 years of commercial credit analysis or commercial loan underwriting experience required.
• Strong knowledge of commercial credit analysis, financial statement analysis, and cash flow analysis.
• Proficiency in Microsoft Office Suite required.
• Strong analytical, problem-solving, and decision-making skills.
• Strong attention to detail.
• Excellent written and verbal communication skills.
• Must be legally authorized to work in the U.S.; the Bank will not sponsor a candidate for a visa or work authorization.

Nice To Haves

• Bachelor’s degree in finance, business, or a related field preferred.
• Experience with construction loan underwriting preferred.
• Experience with not-for-profit lending preferred.

Responsibilities

• Prepare comprehensive credit memoranda for new and existing commercial credit relationships, analyzing financial condition, repayment capacity, credit risk, and other relevant factors.
• Analyze borrower and guarantor financial statements, tax returns, cash flow, and other financial information, and calculate relevant financial ratios to assess creditworthiness and repayment capacity.
• Obtain and review applicable credit, collateral, and other due diligence information needed for underwriting.
• Identify credit weaknesses, policy exceptions, and other areas of concern, and escalate non-standard matters as appropriate.
• Review financial information for existing commercial credit relationships and support ongoing assessment of borrower performance and credit risk.
• Complete credit analysis and prepare recommendations for submission to the appropriate approval authority.
• Collaborate with lenders to obtain information, address credit-related questions, and communicate the status of credit analysis and underwriting requirements.
• Maintain accurate and complete credit analysis documentation and prepare assigned credit-related reports.
• Monitor financial performance and risk indicators for assigned commercial credit relationships and identify changes or trends requiring additional review or escalation.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: High school or GED