- Assist the SVP/Portfolio Manager in managing the credit analyst staff (Credit Analyst level I's and II's, Senior Credit Analysts, and Hybrid Senior Credit Analyst/Relationship Managers). This would include work flow assignments; loan application turnaround time management; provide technical underwriting guidance to Analysts/Lenders/BDO's when required; execute the development & implementation of formal annual review process within the Credit Department, including a tickler management process for the dunning & receipt of Borrower/Guarantor financial information.
- Obtains loan request information from assigned Commercial Lender or borrower to prepare cash flow analysis, analyze credit information, financial statements, tax returns and other related information pertaining to the loan.
- Supports assigned Commercial Lender(s) with the management and renewing of maturing existing commercial loan accounts. Responsible for the review of assigned future maturing loan reports, auditing borrower files for required updated information to consider loan renewal and supporting the Commercial Lender with customer contact. Assists Commercial Lender(s) in obtaining all necessary information for loan renewal processing.
- Reviews loan documentation, personal and business financial statements, and tax returns. Analyzes financial information and communicates with the Loan Officers throughout the process.
- Prepares written analysis, spreadsheets, strengths and risks analysis for each loan request.
- Assists assigned Commercial Lender in the loan structuring, gathering of borrower/guarantor/third party vendor information, and other pertinent application information to process the loan request and prepare approved commercial loans for settlement. This to including assisting the Commercial Lender(s) with the gathering of Pre-Closing information required to prepare loan documentation and meet approved closing conditions as outlined within the loan approval document ("Credit Authorization Memorandum").
- Identifies and communicates points of internal loan exposure on current loan requests, as well as
- Accompanies Commercial Lenders on customer calls as needed/directed.
- Presents final written loan analyses to both assigned Commercial Lender and SVP/Portfolio Manager for final review and approval.
- May be asked to accompany Commercial Lender to the Bank's Officer Loan Committee for larger
- Work with the SVP/Portfolio Manager on special projects as assigned.
- Expected to work with a fair degree of independence in successfully managing and completing assigned workflow and tasks.
- Updates credit files (both physical files and the Bank's scanned files) with borrower/guarantor
- Perform additional job duties as assigned.
- Strong knowledge of basic banking products, commercial lending products, and ability to match lending solutions with the borrowers.
- Knowledge of Commercial Real Estate Lending, Commercial & Industrial ("C&I") Lending, and Small Business Lending, including developing cash flow analyses, loan repayment structuring, financial ratio analysis, and identifying financial trends within the credit analysis function.
- Experience in analyzing the following: personal and corporate tax returns, rent roll and lease- track analysis, personal and corporate financial statements.
- Learning and training on the Bank's Core System and other related sub-systems in order to generate reports and analysis regarding existing assigned Commercial Lender loan accounts.
- Well-versed in preparing financial spreads for use in the loan decisioning process.
- Commercial credit analysis and underwriting: Minimum 5 years previous commercial loan and underwriting experience in a commercial bank. (required)
- Bachelor's Degree preferred
-
Credit Analyst
2 weeks ago
BlueWave Ventures Bucks, United StatesAbout the Company · Locally rooted, regionally connected, committed to our members and democratically organized: All of this characterizes cooperative banks like our company. And yet, we are completely different. · What do we offer? · An exciting and independent role in a dynamic ...
-
Credit Risk Analyst
3 weeks ago
Paragon Team Mount Laurel Township, United StatesMount Laurel, United States · | Posted on 03/13/2024The Credit Risk Analyst is responsible for making sound credit decisions within required turnaround times, investigating and making decisions on credit requests using all available credit resources within the realm of Equipment ...
-
Credit Analyst
3 weeks ago
Lenox Corporation Bristol, United StatesJOB TITLE: Credit Analyst (Wholesale) · DEPARTMENT: Finance · LOCATION: Bristol · REQUIREMENT: · Detail-oriented, hands-on individual needed to support the Account Receivable for select major accounts. Responsible for payment application & reconciliation and collection of pas ...
-
Credit Analyst
2 weeks ago
Insight Global Philadelphia, United StatesOur client, a National Real Estate Lender, is looking to expand their team and add another credit analyst to their quickly growing business. This role will provide an opportunity to join one of the fastest growing institutional RE lenders in the space and support hundreds of borr ...
-
Credit Analyst
2 weeks ago
Insight Global Philadelphia, United StatesOur client, a National Real Estate Lender, is looking to expand their team and add another credit analyst to their quickly growing business. This role will provide an opportunity to join one of the fastest growing institutional RE lenders in the space and support hundreds of borr ...
-
Municipal Credit Analyst
3 weeks ago
Wilmington Trust Wilmington, United StatesOverview: · The Analyst will be a member of a team that manages municipal bond investments for client accounts. The Analyst will conduct fundamental credit analysis and relative value assessments on public municipal debt issues to determine suitability for client accounts. The A ...
-
Senior Credit Analyst SBA Lending
1 week ago
Anderson Young Associates, Inc. Philadelphia, United StatesPlease Remember to attach resume** · ** MUST have SBA Credit experience detailed in resume*** · SBA Senior Credit/Underwriter · Our Client, A national Bank is seeking SBA Underwriters.. These will be individuals that combine great credit discipline with balanced decision making a ...
-
Senior Credit Analyst
3 weeks ago
M&T Bank Philadelphia, United StatesThe Senior Credit Analyst is a resource to the LEAF Commercial Capital Sales team. Ability to have complex credit discussions with Obligors, Vendors and others as needed. The Senior Credit Analyst also acts as a back-up in the Credit Manager's absence. · Duties include preparing ...
-
Credit Analyst
3 weeks ago
First Harvest Credit Union Woodbury, United StatesJob Description · Job DescriptionCredit Analyst · Department: Lending · Full-Time · Deptford, NJ · Job Summary: · Responsible for evaluating all loan applications received in person, by mail, fax or web to determine eligibility following all federal lending regulations and cred ...
-
Credit Analyst III
6 days ago
The Ladders Doylestown, United StatesWho are we? · For over 160 years, C&N has shared the values of our communities, local families and businesses, our employees, and our shareholders. Living our values every day is what makes us different from other banks - teamwork, excellence, respect, responsibility & accountab ...
-
Credit Analyst
3 days ago
Heilind Electronics Wilmington, United States**JOB SUMMARY** · - Administers established credit policies and standards, collects accounts receivable through telephone contact and correspondence, prepares analysis of customer accounts, resolves disputed accounts receivable balances within an established range. Inputs data an ...
-
Credit & Accounts Receivable Analyst
2 weeks ago
Dorman Products Colmar, United StatesDorman was founded on the belief that people should have greater freedom to fix motor vehicles. For over 100 years, we have been driving new solutions, releasing tens of thousands of aftermarket replacement products engineered to save time and money, and increase convenience and ...
-
Credit Analyst Job
2 weeks ago
Arkema King of Prussia, United StatesThe Credit Analyst position will report to the Credit and Collections Manager. The position is located in our King of Prussia, PA office. This position will analyze counterparty credit risk daily for compliance and reporting. Monitor the SAP credit hold queue. Responsible for col ...
-
Analyst, Credit Analytics
3 weeks ago
SitusAMC Plymouth Meeting, United StatesSitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers. Whether you're a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, ...
-
Credit Analyst Job
3 weeks ago
Arkema King of Prussia, United StatesThe **Credit Analyst **position will report to the Credit and Collections Manager. The position is located in our King of Prussia, PA office. This position will analyze counterparty credit risk daily for compliance and reporting. Monitor the SAP credit hold queue. Responsible for ...
-
Senior Fixed Income Credit Analyst
4 weeks ago
PNC Philadelphia, United States Full timePosition Overview · At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our emp ...
-
Senior Credit Analyst SBA Lending
1 week ago
Anderson Young Associates, Inc. Philadelphia, United StatesPlease Remember to attach resume** · ** MUST have SBA Credit experience detailed in resume*** · ? · SBA Senior Credit/Underwriter · Our Client, A national Bank is seeking SBA Underwriters.. These will be individuals that combine great credit discipline with balanced decision ...
-
Credit and Collections Analyst
1 week ago
London Financial King of Prussia, United States**Job Title: Credit and Collections Specialist (Hybrid)** · **Location**: King of Prussia, PA · **Salary Range**: $80,000 - $85,000 per annum · **Position Type**: Full-time, Hybrid (2 days in office) · **Responsibilities**: · - Manage accounts receivable portfolio, including cred ...
-
Credit & Accounts Receivable Analyst
2 weeks ago
Dorman Inc Colmar, United StatesCredit & Accounts Receivable Analyst · Apply now » · Date: May 21, 2024 · Location: Colmar, PA, US, 18915 · Company: Dorman Products · Dorman was founded on the belief that people should have greater freedom to fix motor vehicles. For over 100 years, we have been driving new ...
-
Credit Portfolio Sr Analyst
1 week ago
Citigroup Inc Wilmington, United StatesThe Credit Portfolio Senior Analyst is an intermediate-level position responsible for conducting credit reviews, credit approval and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to manag ...
Commercial Credit Analyst - Cherry Hill, United States - MRI Spokane
Description
Senior Credit Analyst
DEPARTMENT:
Commercial Lending
REPORTS TO (Title): SVP/Portfolio Manager
This position reports directly to the SVP/Portfolio Manager and provides a high level of customer service support for commercial loans.
This includes assisting assigned Commercial Lender(s) with ongoing management of their respective loan portfolio(s) and analyzing / underwriting new and existing loans through analysis of borrower's credit history and financial performance.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
JOB SPECIFICATIONS:
Knowledge, Skills and Abilities
JOB TYPE: Full-Time
EXPERIENCE
EDUCATION:
WORKING CONDITIONS/PHYSICAL REQUIREMENTS
While performing the duties of this job, the employee is regularly required to sit; use hands and talk or hear and remain in a stationary position for extended periods of time.
Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus.
The employee must have the ability to stay alert and attentive at all times and operate a computer, phone and essential equipment as required.
The noise level in the work environment is usually moderate.EMPLOYMENT
As a condition of employment with Bank, any successful job applicant will be required to successfully complete a background investigation, which will also include a credit check.
Bank is an Equal Opportunity Employer
