Senior Credit Analyst - CRE

About the role

The Senior Credit Analyst is responsible for providing due diligence, analytical, and underwriting support to the division’s Relationship and Portfolio Managers as assigned. The role involves gathering and analyzing credit information on current and potential borrowers, assisting in writing loan request narratives, and promoting business for the Bank.

Responsibilities

• Gather and analyze credit information on current and potential borrowers
• Determine the advisability of granting credit for diversified types of asset classes
• Assist Relationship and Portfolio Managers in writing loan request narratives and ongoing portfolio maintenance
• Maintain good client relations and refer clients to appropriate staff for new services
• Independently interact with clients and prospects to perform all due diligence necessary to extend credit
• Present the merits of a credit request in presentation format for the purposes of obtaining credit approval
• Serve as a mentor and training partner for more junior credit analysts
• Assist Commercial Real Estate Teams in performing pre-qualification assessments, financial spreads, and analysis of financial condition and risk of financing requests
• Compile data from credit bureaus, conduct industry peer comparisons, and perform cash flow analyses and other such tasks
• Inform appropriate lending officers when up-to-date financial statements are needed for commercial accounts
• Ensure credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning
• Work with Commercial Real Estate Teams to ensure that all portfolio management responsibilities are well documented and maintained in accordance with management expectations
• Aid in the review and renewal of credit facilities and provide back-up support
• May take primary responsibility for certain credit actions (approvals, renewals) per the guidance of the applicable submitting officer
• Develop knowledge of relevant industries, as well as economic conditions (i.e. interest rates, asset values, competition, market conditions, etc.) that impose risk to the client base
• Represent the Bank in various community, civic, and community reinvestment functions to further enhance the Bank’s image and develop additional business
• Reinforce the application of superior client service through one’s own example, along with appropriate follow-through with involved clients and employees
• Treat people with respect, keep commitments, inspire the trust of others, work ethically and with integrity, uphold organizational values, and accept responsibility for one’s own actions
• Ensure compliance with all Bank policies, procedures and processes and all applicable state and federal banking laws, rules and regulations; adhere to Bank Secrecy Act (BSA) responsibilities specific to the position
• Complete administrative tasks correctly and on time; support the Bank’s goals and values
• Strong experience, knowledge and training in fully underwriting complex and sophisticated commercial real estate projects, both at stabilization and especially for ground-up construction
• Underwriting land development projects and having a keen understanding of homebuilder finance construction projects is also desired
• Strong experience, knowledge and training in both corporate and personal financial statement / tax return analysis, typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas

Requirements

• Bachelor's Degree or approved equivalent combination of education and experience
• Minimum of five years of experience in both commercial credit analysis and full project underwriting, or related areas
• Current responsibilities in a senior-scoped role are desired
• Ability to analyze and interpret general business periodicals, professional journals and technical procedures
• Ability to effectively present information and respond to questions from diverse groups, including managers, customers and members of the general public
• Experience in utilizing nCino Commercial Loan Origination System is desired
• Proficient in Microsoft Office suite (Word, Excel and PowerPoint)
• Strong typing skills to meet production needs of the position
• Strong math skills
• Effective verbal, written and interpersonal communication skills, ability to write reports and correspondence and speak clearly to customers and employees
• Ability to deal with normal problems involving multiple facets and variables in non-standardized situations and apply common sense in carrying out instructions and solving problems
• Excellent organizational and time management skills
• Ability to work with minimal supervision while performing duties

Qualifications

• Strong experience, knowledge and training in fully underwriting complex and sophisticated commercial real estate projects, both at stabilization and especially for ground-up construction
• Underwriting land development projects and having a keen understanding of homebuilder finance construction projects is also desired
• Strong experience, knowledge and training in both corporate and personal financial statement / tax return analysis, typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas

Skills

• Strong experience, knowledge and training in fully underwriting complex and sophisticated commercial real estate projects, both at stabilization and especially for ground-up construction
• Underwriting land development projects and having a keen understanding of homebuilder finance construction projects is also desired
• Strong experience, knowledge and training in both corporate and personal financial statement / tax return analysis, typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas

Benefits

WaFd Bank offers a comprehensive benefits package including paid time off for vacation, sick days and holidays, 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.

Pay

USD $82,400.00/Yr. USD $123,600.00/Yr.

Schedule

N/A