Sr. Credit Analyst
About The Position
We are looking for a Sr Credit Analyst to join our Commercial Credit Team. In this position you will be responsible for the support of quality loan origination, analysis, processing, and reporting of the full assessment of credits and timely completion of C&I analyses, with a focus on Healthcare. In this position, you will: Prepare well-organized, thorough, and concise written credit memorandums on all new loans, renewals, extensions, and modifications relative to financial strengths and weaknesses of borrowers, risk assessments, strength of guarantors, industry analysis, and collateral and loan structures with opinions as to credit worthiness. The new Senior Credit Analyst should have the experience to start working with assigned deals with limited guidance and are expected to produce accurate final product. The Senior Credit Analyst will be typically working with deals exceeding $25MM in exposure. Spread financial statements through the use of computerized financial software programs and analyze reports produced by the system for preparation of written reviews. Work with Account Officers to gather information on the companies being analyzed and better assess the risks associated with the credit. Also work with Relationship Managers to resolve issues that arise during the underwriting process. Review and document the third-party reports such as real estate appraisals, environmental assessments, property condition reports, etc. Analyze loans relative to the loan structure, financial strength, cash flow (historical and projected), guarantors, and overall strengths and weaknesses of the deal. For R/E related loans, analyze rent rolls and leases, collateral, market/neighborhood, among others. Provide opinions as to the creditworthiness of the Borrower and assess the Borrower’s appropriate risk rating based on the bank’s criteria. Participate in weekly Credit Pipeline meeting to provide status on assigned deals. Assist in portfolio management activities such as completing Annual Financial Updates, Risk Rating assessments, and Loan Management Reports on existing borrowers. Monitor the loan compliance on existing customer accounts.
Requirements
- Thorough knowledge of accounting and legal principles underlying the bank’s documents.
- Bachelor’s Degree in Accounting or Finance combined with a minimum 5-year related experience.
- Underwriting C&I and Middle Market experience required, including Asset Based Lending, financing of Business acquisitions, etc.
- Computer literate: fluency in Microsoft Office programs, Excel analysis required
- Good verbal and interpersonal skills.
- Effective report writing and other written communication skills.
- Detailed-oriented and organized.
- Ability to solve problems, make decisions, juggle underwriting of multiple deals, prioritize tasks, and meet required deadlines.
- Ability to highlight loan risks or any problems or questions during the deal underwriting phase and prior to finalizing the analysis.
- Clear verbal communication with internal customers and third-party participants (as needed).
- Ability to establish and maintain effective work relationships both internally and externally.
- Applicants must be authorized to work for any employer in the United States. This position is not open to applicants who need visa sponsorship or transfer of visa sponsorship at this time.
Nice To Haves
- Experience to start working with assigned deals with limited guidance and are expected to produce accurate final product.
- Typically working with deals exceeding $25MM in exposure.
Responsibilities
- Prepare well-organized, thorough, and concise written credit memorandums on all new loans, renewals, extensions, and modifications relative to financial strengths and weaknesses of borrowers, risk assessments, strength of guarantors, industry analysis, and collateral and loan structures with opinions as to credit worthiness.
- Spread financial statements through the use of computerized financial software programs and analyze reports produced by the system for preparation of written reviews.
- Work with Account Officers to gather information on the companies being analyzed and better assess the risks associated with the credit.
- Work with Relationship Managers to resolve issues that arise during the underwriting process.
- Review and document the third-party reports such as real estate appraisals, environmental assessments, property condition reports, etc.
- Analyze loans relative to the loan structure, financial strength, cash flow (historical and projected), guarantors, and overall strengths and weaknesses of the deal.
- Analyze rent rolls and leases, collateral, market/neighborhood, among others for R/E related loans.
- Provide opinions as to the creditworthiness of the Borrower and assess the Borrower’s appropriate risk rating based on the bank’s criteria.
- Participate in weekly Credit Pipeline meeting to provide status on assigned deals.
- Assist in portfolio management activities such as completing Annual Financial Updates, Risk Rating assessments, and Loan Management Reports on existing borrowers.
- Monitor the loan compliance on existing customer accounts.
Benefits
- comprehensive health plan
- flexible time off options
- savings and investment plans
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What This Job Offers
Job Type
Full-time
Career Level
Senior
