The Credit Analyst supports commercial lenders and underwriters with the analysis and entry of cash flow statements (historical and projected), rent rolls, collateral, market data and guarantor financials into commercial database. Assists in monitoring requests for and receipt of borrowers’ financial statements. Uploads supporting documentation and tracks/verifies compliance using standard tools and processes for Bank audits and exams.
The Credit Analyst works collaboratively with the Line of Business and Portfolio Analysts to resolve data inconsistencies and incorrect or missing information to ensure the accuracy of market analysis and portfolio reporting.
Primary Functions of the Position:
- Provide support to market Portfolio Managers and Underwriters as the initial Point-of-Entry for client financial data including financial statements, rent rolls, personal financial statements, and global cash flow.
- Generate various reports to track receipt and progression of financial reporting, covenant compliance, leasing status and quarterly periodic reviews.
- Gather market research by assembling information from various sources including CoStar, REIS and/or other data resources for quarterly market reporting
- Reviews and analyzes financial statements and interprets findings for the preparation of quarterly periodic reviews (QPRs) ensuring timely compliance with credit policy and procedure.
Education and Experience Requirements:
- Bachelor’s Degree in finance, accounting or related field, or equivalent combination of education and experience.
- 2-5 years of relevant direct commercial, cash management or private banking experience.
- General familiarity with CRE and/or C&I underwriting experience.
Essential Skills and Abilities:
- Ability to read, analyze and interpret complex financial and loan documentation.
- Demonstrated ability to clearly present analysis in a written and verbal manner.
- Ability to define problems, collect data, establish facts and draw valid conclusions.
- Knowledge of and experience using financial modeling for credit analysis.
- Advanced Microsoft excel skills and general proficiency using Microsoft Office suite.
Salary Range:
$60,000.00-$106,000.00
The Investment Fund Finance Portfolio Manager manages the underwriting / credit approval process and ongoing administration of a portfolio of fund finance transactions with a key focus on high quality credit standards and white-glove client experiences.
Primary Functions of the Position:
- Develop and manage underwriting and due diligence framework and process for counterparty and collateral, including but not limited to credit due diligence for transactions, periodic credit reviews and counterparty/ collateral review and analysis.
- Work closely with the credit risk team to define and perfect rating guidelines and credit limits framework
- Provides underwriting analysis for credit extensions to new and existing clients
- Performs detailed financial analysis on fund finance transactions including subscription lines of credit, fund of hedge funds lending, fund of private equity funds lending and NAV based finance.
- Provide input to key credit and structural terms for legal agreements
- Prepares the following for approval by Senior Loan Committee, Chief Credit Officer and/or Senior Credit Officer:
- Credit Approval Request (CAR)
- Modifications
- Covenant Waivers/Amendments
- Periodic Reviews
- Manages / monitors assigned portfolio for:
- Loan Performance
- Accurate and Timely Risk Rating
- Required Financial Reporting
- Covenant Compliance
- Payment Delinquencies
- Overdrafts
- Ensures compliance with the Bank’s credit policies and procedures, identifying exceptions for approval when they occur
- Ensures that the initial set-up of credit facilities on internal systems is consistent with the reporting requirements and covenants contained in the loan documents
- Approve loan advances for revolvers based on review of borrowing base information and covenant checking
- Assist with the development of Fund Finance specific review processes including scope, framework and frequency.
- Prepares periodic financial reviews where required
- Ensures the receipt and timely circulation of required financial reporting and covenant compliance
- Accompanies the relationship manager on prospect / client calls when appropriate
- Work closely with the risk and regulatory reporting team to create risk reporting for senior management, board and other external parties such as auditors and regulators
Highly Preferred Candidate Qualifications:
- Bachelor’s Degree in Finance, Accounting, or related field
- Minimum of 5 years of credit analysis and underwriting experience
- Completion of a bank commercial credit training program and experience analyzing alternative investment fund finance transactions strongly preferred
Essential Skills and Abilities:
- Demonstrated knowledge of fund finance transactions
- Excellent organization skills, attention to detail and the ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction
- Strong written and verbal communication skills
- Strong presentation skills
- Ability to work independently and within a team
- Proficient in various spreadsheet and word processing applications, including the use of graphs and charts
Salary Range:
$80,000.00-$195,000.00
