Credit Analyst

Credit Analyst

Perfect time to join our growing Team!

In this role, you'll support the origination and portfolio management of commercial loans. The position offers the chance to deepen your knowledge and advance your career within an entrepreneurial institution.

Responsibilities

• Provide analyst coverage for assigned business unit(s), which may include Commercial Real Estate, Healthcare, Middle Market C&I, Asset Based Lending, Private Banking, and Leveraged Finance.
• Support the origination of new loans by analyzing and spreading financial statements, completing borrower and guarantor due diligence, assessing market conditions and comparables, and preparing screening memorandums.
• Assist underwriters in the completion of comprehensive investment committee presentations. Identify credit risk factors and transaction strengths, utilizing findings to complete risk rating and profitability calculations. Analyze sponsor and/or guarantor financial wherewithal, including the completion of global cash flow analyses.
• Work closely with Portfolio Management and the Bank's customers to maintain borrower compliance. Complete monthly, quarterly, and annual monitoring requirements in a timely fashion.
• Ensure digital and physical loan files remain appropriately organized.
• Complete regular reporting requirements to support internal and external audit activity.
• Develop and maintain procedures, process maps, job aides, and templates to improve transparency and cross-functional collaboration within the Bank.
• Participate and/or lead assigned continuous improvement projects and initiatives

Qualifications

• Bachelor's degree in finance, accounting, or economics, or related field; candidates with alternate education and compensating work experience considered.
• Completion of a formal credit training program preferred.
• Expert in all Microsoft Office applications, with a high overall aptitude for adopting and leveraging technology tools, including AI solutions.
• Superior verbal and written communication skills.
• Ability to both self-direct in independent assignments and work collaboratively in a team environment.
• Available to accommodate variable workloads and extended hours when necessary. Able to travel domestically on occasion (expected <10% time allocated to travel).
• Highly motivated with a strong desire to learn new skills and expand responsibilities

Experience

• Minimum of 2 years' relevant work experience required; 3 – 5 years strongly preferred.
• Experienced users of CreditLens, Stucky, Salesforce, LoanIQ, Argus, REIS, and/or LexisNexis strongly preferred

Compensation

The expected annual salary for this position is between $70,000 and $90,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual's skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

The Bank Will Make Reasonable Accommodations To The Following Employees To Allow Them To Perform The Essential Functions Of Their Position, Except Where Doing So Would Result In Undue Hardship To The Bank:

• Those with a known mental or physical disability.
• Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
• Victims of domestic violence, sex offenses or stalking.
• Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual's accommodation needs; potential accommodations that may address the individual's accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer. The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue, the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition, the Bank will maintain any information regarding the employee's request and status in the strictest confidence, except as requested by the employee, as required on a need-to-know basis or as otherwise required by law.

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