Credit Analyst III - Global Wealth & Investment Management

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The Credit Analyst III proactively manages the credit risk of a portfolio by serving as a first line of defense in recognizing deteriorating financial trends via scheduled covenant testing. 

The Credit Analyst III is responsible for monitoring GWIM client compliance with reporting requirements and financial covenants.

The Credit Analyst III is responsible for the setup of financial reporting and covenant requirements following a loan closing and for the subsequent testing of financial covenants within a given market.  The Credit Analyst III will also help support the timely resolution of failed covenants by advising the credit team on covenant trends or specific details on the cause of the covenant failure. The Credit Analyst III also recommends waivers, amendments and other changes in loan terms to address credit or operational risk issues.

“Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy."

Responsibilities:

• Drive effective and efficient monitoring of client portfolios, including management of internal reporting and timely, accurate covenant testing

• Create and maintain value-driven relationships with members of the client team and internal business partners in order to achieve objectives and resolve issues in timely manner

• Ensure accurate monitoring of loan document requirements and covenants through Credit Taker Setups and Verifies in GMS

• Complete all required financial covenant testing within 30 days of document receipt

• Provide early warning of deterioration in client financial profile to client team

• Participate in resolution of covenant failures

• Pull financial reporting and covenant requirements out of loan documentation and setup in GMS

• Actively manage a GMS queue of client relationships requiring financial covenant compliance testing within established timeframes

• Improve the operating environment through escalation of process gaps and highlighting opportunities for improvement at an Enterprise or GWIM Credit level

• Mange multiple tasks simultaneously and adjust workload to meet deadlines

Required Qualifications:

• 3 + yrs of credit analysis or a closely related credit risk role, including financial covenant testing and ability to interpret and apply Commercial credit agreement terminology and concepts

• 2+ years of credit analysis experience with Commercial credit policies and procedures

• Proficient in interpreting various Commercial loan documents including credit agreement and amendments, setting up financial reporting and covenant requirements in systems such as GMS

• Experienced in managing compliance workflows and covenant breaches in a timely fashion and mitigating covenant risk

• Strong working knowledge of commercial loan structures and financial statement analysis, including personal financial statements, brokerage statements, rent rolls, and NOI statements; ability to identify and escalate early signs of credit deterioration, within the Commercial credit structure

• Working proficiency with Commercial loans, collateral, client data and workflow systems along with SharePoint, and Adobe Acrobat

Desired Qualifications:

• Bachelor’s degree in Accounting, Finance or equivalent experience

• System knowledge of LIQ, PACE, GMS, GUS, EDR, Genesis, Image Trust, Navigator, SharePoint, KYC, Adobe Acrobat Standard

Skills:

• Attention to Detail

• Client Management

• Decision Making

• Underwriting

• Credit Documentation Requirements

• Critical Thinking

• Portfolio Management

• Problem Solving

• Written Communications

• Financial Analysis

• Negotiation

Shift:

1st shift (United States of America)

Hours Per Week: 

40