Credit Analyst

Award-winning, well-established, and respected commercial bank seeks a "Credit Analyst" with 2–7 years of hands-on experience underwriting Commercial & Industrial (C&I) and Commercial Real Estate (CRE) loans, with knowledge of commercial construction lending preferred. The ideal candidate will demonstrate independent underwriting capabilities and experience reviewing commercial real estate appraisals. The Credit Analyst will collaborate with Business Banking Loan Officers, Portfolio Managers, and Credit Administration professionals to evaluate commercial lending transactions, prepare detailed credit analyses, assess financial performance and repayment capacity, and monitor existing loan portfolios. The position is also responsible for credit risk assessment, loan structuring, covenant monitoring, and preparation of credit recommendations in accordance with bank policies and regulatory requirements.

Key Responsibilities

• Perform independent credit analysis, risk assessment, and underwriting of C&I, CRE, and commercial construction loans, including assigning appropriate credit risk ratings.
• Analyze business and personal financial statements, tax returns, projections, financial ratios, debt service capacity, and global cash flows to assess borrower creditworthiness and repayment ability.
• Prepare comprehensive credit memoranda and loan presentations identifying transaction strengths, weaknesses, risks, and mitigants for management, credit committee, and Board approval.
• Collaborate with Loan Officers, Portfolio Managers, borrowers, and third-party professionals to gather due diligence, evaluate proposed transactions, and complete underwriting with minimal supervision.
• Review commercial real estate appraisals, collateral valuations, loan-to-value ratios, and advance rates; recommend appropriate loan structures, terms, and financial covenants consistent with bank policies.
• Manage assigned commercial loan portfolios, including annual reviews, financial and covenant monitoring, loan renewals, and identification and escalation of deteriorating credits and recommended corrective actions.
• Maintain accurate credit files, borrower financial reporting, and covenant tracking through credit administration systems; assist with system functionality and enhancements.
• Support quarterly Board reporting, loan reviews, audits, regulatory examinations, ACH/RDC credit exposure assessments, and backup Letter-of-Credit administration.
• Participate in credit approval meetings, borrower due diligence discussions, and site visits as needed; assist with credit administration issue resolution and mentoring junior analysts.

Qualifications

• 2–7 years of commercial credit analysis and underwriting experience, preferably within a commercial, community, or regional banking institution, including independent underwriting of C&I and CRE transactions.
• Strong financial statement analysis skills, including financial projections, ratio analysis, debt service coverage, global cash flow assessment, and evaluation of moderate-to-complex commercial lending transactions.
• Experience reviewing commercial real estate appraisals, evaluating collateral, loan-to-value ratios, and credit risk.
• Demonstrated ability to prepare comprehensive credit memoranda, recommend loan structures and covenants, and present credit recommendations for approval.
• Formal credit training and working knowledge of accounting principles, commercial banking products, loan and collateral documentation, credit administration, portfolio monitoring, and regulatory lending requirements.
• Knowledge of commercial construction lending, loan workouts, collections, and bankruptcy considerations preferred; proficiency in Microsoft Office and Excel required, with Abrigo loan origination and credit administration systems experience preferred.
• Bachelor's degree in Finance, Accounting, Economics, Business, or a related field preferred; strong analytical, organizational, written communication, and interpersonal skills required.

Excellent Salary, Bonus and Benefits