Credit Analyst - Warwick, United States - Shoreham Bank

Shoreham Bank

Verified Company

Warwick, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Major Duties and Responsibilities

Prepare and review Preliminary Loan Summaries and cash flow analysis with/for the benefit of the Commercial Credit Committee with the Underwriter and AVP of Commercial Operations.
Review final closing documents and files to ensure needs of Shoreham Bank, SBA/USDA and borrower are met and necessary internal approvals are obtained prior to closing; reconcile escrow account, on an as needed basis.
Financial Statement and/or Tax Return analysis on all borrowers (Businesses and Personal) to determine the company performance using EBITDA.
Monitor each new loan through origination, approval, processing, closing, and post-closing and perform all required tasks throughout the loan process to ensure a timely closing.
Develop a firm understanding of SBA and USDA guidelines.
Board new loans via Core Boarding from Loan Vantage through to Jack Henry
Work with the loan servicing staff on processing commercial loan sales, payment adjustments, loan problems, and general servicing.
Financial Statement and/or Tax Return Analysis on all borrowers (Businesses and Personal) to determine the company performance using EBITDA.
Performs miscellaneous additional duties as assigned.

General tax return and financial statement knowledge is required.
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Equal Employment Opportunity_

All applicants are considered for all positions without regard to race, religion, color, sex, gender, sexual orientation, pregnancy, age, national origin, ancestry, physical/mental disability, medical condition, military/veteran status, genetic information, marital status, ethnicity, citizenship or immigration status or any other protected classification in accordance with applicable federal, state and local laws.

Benefits: