Commercial Real Estate Credit Analyst

About the role

The Commercial Real Estate Credit Analyst 3 partners with Relationship Managers to manage an assigned portfolio of customer relationships. Responsibilities include underwriting and presenting origination and modification credit requests for approval, overseeing financial statements, and performing credit analysis.

Responsibilities

• Analyze borrower financials, property cash flows, collateral valuation, sponsor strength, covenant sensitivities, and market conditions
• Prepare clear, comprehensive written credit analyses and supporting documentation
• Collaborate with Relationship Managers in preparing, underwriting, and presenting credit requests for approval
• Execute straightforward credit requests for existing clients with limited supervision
• Absorb and assist with annual company-wide credit reviews for clients with multiple property holdings
• Support both existing property transactions and ground-up construction projects, including budget monitoring and monthly construction draw reviews through project completion
• Assist with new deal originations, evaluating opportunities with typical transaction sizes of $50MM–$100MM, with select transactions up to $750MM
• Participate in the preparation and negotiation of term sheets, as applicable
• Support Relationship Managers and Portfolio Managers in managing an assigned portfolio of commercial real estate client relationships
• Perform accurate and consistent spreading of borrower financial statements in accordance with bank standards and credit policies
• Prepare quarterly trend analyses, monitoring reports, and covenant compliance testing
• Maintain compliance monitoring and financial reporting databases, including tracking credit agreement requirements, borrower financial receipt, and key credit metrics
• Participate in quarterly portfolio reviews, including analysis of operating statements, rent rolls, and risk assessments
• Proactively identify and communicate emerging risks, mitigants, and other issues at the transaction and portfolio level
• Collaborate effectively with Credit Approvers and internal risk partners
• Serve as a reliable first line of credit analysis, escalating issues appropriately

Qualifications

• Bachelor's degree, or equivalent work experience
• Two or more years of experience in a finance/analytical related role

Preferred Skills & Experience

• Background in commercial real estate, finance, accounting, or economics
• Strong commercial real estate credit underwriting and financial analysis skills
• Experience with CRE cash flow modeling, collateral valuation, covenant analysis, sponsor analysis, and market research
• Demonstrated ability to independently perform financial analyses for new requests, modifications, and ongoing credit monitoring
• Authoring credit memoranda and supporting credit approval processes
• Effective analytical and technical report writing skills
• Strong verbal and written communication skills, with the ability to clearly present risks and recommendations
• Ability to work independently while collaborating closely with Relationship Managers, Portfolio Managers, and Credit Approvers
• Familiarity with banking policies and commercial real estate underwriting processes
• Proficiency in Microsoft Excel and the broader Microsoft Office Suite
• Experience with nCino and CoStar preferred

Pay

$86,360.00 - $101,600.00