Credit Analyst CRE

About the role

The Credit Analyst is responsible for providing due diligence and analytical support to the Relationship Officer and Relationship Manager, Director and Division Manager of the Commercial Real Estate (CRE) Division. The Credit Analyst gathers and analyzes credit information on current and potential borrowers; determines the advisability of granting credit for diversified types of loans; assists in writing loan requests; promotes business for the Bank by maintaining good client relations and referring clients to appropriate staff for new services.

Responsibilities

• Provides pre-qualification assessment and analysis of financial condition and risk of financing requests.
• Compiles data from credit bureaus, conducts industry peer comparisons and performs cash flow analyses.
• Ensures credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning.
• Works with Relationship Officers, Relationship Managers and Directors to ensure that all portfolio management responsibilities are well documented and maintained in accordance with management expectations.
• Aids in the review, initial approval and renewal of credit facilities and provides back-up support.
• Develops knowledge of relevant industries and economic conditions that impose risk to the client base.
• Represents the Bank in various community, civic, and community reinvestment functions to enhance the Bank's image and develop additional business.
• Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.

Requirements

• Bachelor's Degree or approved equivalent combination of education and experience in commercial financial analysis or a lending background.
• Two to three years' experience in financial and/or credit analysis or related areas.
• Strong knowledge of commercial, construction and real estate credit analysis.
• Ability to analyze and interpret general business periodicals, professional journals and technical procedures.
• Effective verbal, written and interpersonal communication skills.
• Strong math skills.
• Excellent organizational and time management skills.

Qualifications

• Strong knowledge of relevant industries and economic conditions.
• Ability to analyze and interpret general business periodicals, professional journals and technical procedures.
• Effective verbal, written and interpersonal communication skills.
• Strong math skills.
• Excellent organizational and time management skills.

Skills

• Microsoft Office suite (Word, Excel and PowerPoint).
• Strong typing skills.
• Strong math skills.
• Effective verbal, written and interpersonal communication skills.
• Strong knowledge of commercial, construction and real estate credit analysis.

Benefits

WaFd Bank offers a comprehensive benefits package including paid time off, health insurance, stock options, bonuses, a 401(k) plan, paid parental leave, life and AD&D insurance, long-term disability, tuition reimbursement, employee assistance programs, pre-tax health and dependent-care spending plans, and more. For more information, please visit the WaFd Bank Benefits Summary.