Commercial Real Estate Credit Analyst

General Function

The CRE Credit Analyst is primarily responsible for completing the daily duties of underwriting and monitoring credit while performing analytical activities and identifying risks or issues as needed. In addition, a Credit Analyst drafts credit approval documents and review memos for loans and other ancillary products.

Responsible and Accountable for Risk

Openly exchange ideas and opinions, elevate concerns, and personally follow policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, ensuring actions and behaviors drive a positive customer experience. Achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types while operating within the Bank's risk appetite.

Essential Duties And Responsibilities

• Proactively monitor Credit Excellence and initiate collection of financial statements for upcoming renewals and periodic reviews.
• Prepare succinct credit approval memos with minimal errors, including company and industry descriptions, key credit risks, historical analysis, base and downside case projection assumptions/rationale and terms and conditions.
• Complete ongoing portfolio monitoring, including covenant tracking, financial statement reviews, and run risk rating models.
• Identify and determine monitoring analysis activities required, verify covenants and define updates needed on ticklers, monitor covenant completion and track past due or out of compliance covenants and recommend appropriate course of action.
• Generate and provide various pipeline and portfolio reporting as needed to credit leadership, portfolio managers, underwriters, relationship managers and others as needed.
• Prepare Criticized Period Reviews reports with oversight.
• Prepare underwriting process with limited oversight, including running projection models with assumptions provided.
• Ensure accuracy, integrity, and timeliness of credit data across internal systems and reports, taking appropriate action to resolve data, documentation, or analysis deficiencies and escalating questions to the appropriate level.
• Identify emerging risks or negative trends and escalate appropriately.
• Maintain a working knowledge of Bancorp credit policies, guidelines and procedures.
• Perform Borrowing Entity PD Ratings and Obligation LGD Ratings.
• May assist with training and onboarding of new employees.
• Support special projects or ad hoc analysis as assigned by management.

Minimum Knowledge, Skills And Abilities Required

• Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
• 2+ years of Commercial Banking credit analysis experience. CRE experience preferred.
• Sound Financial and risk analysis understanding, including the ability to develop financial models
• Extensive Knowledge of banking products and services
• General knowledge of U.S. government and regulation
• Proficiency in internal banking applications
• Strong verbal and written communication skills
• Demonstrated strong problem-solving and analytical skills, with the ability to manage and prioritize multiple tasks while maintaining close attention to detail.

Pay

Total Base Pay Range: $54,400.00 - $111,500.00 USD Annual