Senior Credit Analyst

Senior Credit Analyst

Altbanq | Midtown Manhattan (On-Site)

A dynamic and analytical professional who thrives in a detail-oriented, fast-paced environment. The Senior Credit Analyst at Altbanq is a key player in our credit and risk assessment team, supporting the Chief Risk Officer and working closely with underwriters to ensure the quality and profitability of our loan portfolio. This role is ideal for someone who excels at financial analysis, credit evaluation, and decision-making while contributing to the development of innovative lending products. Location: Midtown, New York City. Work Schedule: Fully on-site, Monday–Friday, 9:30 AM – 6:00 PM

Why This Role Matters

Senior Credit Analysts play a vital role in ensuring our credit decisions are both sound and strategic. By assessing credit reports, analyzing financial statements, and evaluating overall risk, they help determine loan eligibility, pricing, and terms that balance profitability with an excellent client experience. Beyond day-to-day analysis, Senior Credit Analysts contribute to the evolution of our credit models and the development of new lending products. In turn, this helps us grow responsibly, strengthen our portfolio, and stay competitive in the market.

What You'll Do

• Evaluate borrower credit profiles by reviewing credit reports, conducting background checks, and analyzing public records such as liens, judgments, bankruptcies, and UCC filings.
• Analyze financial documentation including bank statements, profit and loss statements, balance sheets, accounts receivable, and tax returns to assess cash flow strength and credit risk.
• Assess creditworthiness and recommend loan eligibility and funding amounts based on detailed cash flow and risk analysis.
• Price loans and structure repayment terms (weekly, biweekly, or monthly) using Altbanq's proprietary pricing framework.
• Partner closely with the Chief Risk Officer and the credit team to review complex transactions and ensure compliance with Altbanq's risk standards.
• Prepare clear, well-documented credit memos that summarize analysis, risks, and recommendations for internal decision-making.
• Engage directly with business owners and internal leadership to clarify financials, assess risk, and support informed lending decisions.
• Monitor market trends and industry performance to identify emerging risks and lending opportunities.
• Contribute to the development and refinement of credit policies and new lending products to support Altbanq's growth.

What We're Looking For

• Bachelor's degree in finance, accounting, economics, business administration, or a related field.
• 2+ years of experience in credit analysis, underwriting, or a similar role, preferably in business financing or short-term loans.
• A team player who communicates effectively with internal teams and leadership.
• Eager to take on responsibilities, mentor junior staff, and contribute to Altbanq's strategic goals.
• Proficiency in financial analysis and modeling.
• Advanced Excel skills and experience with Salesforce (highly preferred).
• Familiarity with credit reports, cash flow analysis, and risk assessment tools.
• Strong analytical and decision-making skills.
• Exceptional attention to detail and accuracy.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Compensation and Benefits

• Salary Range: $100,000 - $150,000, depending on experience.
• Medical, Dental, and Vision Insurance
• Life Insurance and Commuter Benefits
• 401(k) Retirement Plan
• Health Savings Account (HSA)
• Flexible Spending Accounts (FSA)
• End-of-year discretionary performance bonus

Growth Opportunities

• Opportunity to assume leadership responsibilities by overseeing underwriters as delegated by the Chief Risk Officer.
• Contribute to the development of new lending products and the credit policies that support them.
• Play a significant role in expanding Altbanq's product offerings and market reach.