Credit Analyst

COMMERCIAL CREDIT ANALYST

Starting Salary Range:  $70,000 -- $85,000

Our client, Five Rivers Bank, a De Novo Community Bank in Northern New Jersey, is growing.  We are now seeking a second Credit Analyst to join their dynamic team of banking professionals. If you are a Commercial Credit Analyst, this is an Exciting Career Opportunity.   Five Rivers Bank offers a unique ground-floor opening with the potential to grow your career, working alongside some of the very best in financial services. 

What you need for this role:

To be considered, you must have a Bachelor’s degree in Business, Finance, or Accounting and at least 5 years of prior experience as a Commercial Credit Analyst in a community bank.  It’s essential that you also have the following knowledge and skills:

• Working knowledge and understanding of CRE and C&I loan products, policies, procedures, and federal regulations.
• Strong aptitude for figures and accuracy.
• Proven problem-solving, decision-making, underwriting, and analytical skills.
• Demonstrated knowledge of applied accounting and finance concepts and proficiency in performing detailed financial analyses.
• Ability to work independently, effectively, and efficiently under time constraints.
• Ability to prioritize and manage multiple assignments with good organizational and time management skills.
• Excellent written and verbal communication skills.
• Demonstrated proficiency with computer software, including MS Office applications and other specialized credit analysis and lending software.

This is the work you would do:

• Develop and analyze credit information for the Bank’s loan officers and credit committees to decide credit requests.
• Analyze financial data, assess underlying credit risk, and determine the overall creditworthiness of borrowers.
• Prepare and analyze cash flows and project economics, detailed property descriptions and market analysis, tenancy analysis, property valuations, construction budget analysis with sources and uses, guarantor/sponsor personal financial statements and cash flows, and real estate holdings analysis.
• Gather information, analyze borrower data, spread financial statements and tax returns, and perform industry peer analysis and comparisons.
• Recommend the appropriate risk rating based on credit analysis.
• Engage with Borrowers, their advisors, and the relevant Bank officers as needed during the credit process.
• Provide ongoing monitoring of the loan portfolio through the annual reviews, renewals of existing credit facilities, and monitoring of financial reporting and covenant compliance.
• Work closely with Loan Officers and the Chief Lending Officer in structuring loans. 
• Maintain an excellent working knowledge of the Bank’s policies, loan programs, and real estate markets.

Interested?

If this role fits your professional background, we can’t wait to hear from you.  Please submit your resume and cover letter to this job posting, and we will contact you as soon as possible.

Thank you very much for your interest.  We look forward to hearing from you.

EOE