Responsible for providing a sound, independent and objective assessment and recommendation on risk factors associated with large, complex structures & transactions related to Commercial Real Estate loans, including loans for purchasing, refinancing, repositioning and development & construction of income producing properties [multifamily, retail, office, warehouse, and hotel] and land loans. This position will also assist in the credit risk management and maintenance of credit quality for the respective assigned portfolio by monitoring relationship trends, clearing of exceptions, properly assessing and evaluating credit risk and other key factors, and providing recommendations and credit solutions which are appropriate to the relationship risk profile.

Responsibilities:

• Analysis of real estate purpose loans, primarily the acquisition/refinancing of the five core property types consisting of multifamily/apartments, office-warehouse/flex space, retail/shopping center, hotel/motel. In addition, acquisition, development & construction loans and large syndicated loans. Assess all aspects of project feasibility. Review and analyze construction budgets and if necessary, plans and approvals. Issue credit recommendations based on a thorough identification and evaluation of transactional risks and pursuant to the bank’s credit policy, procedural guidelines and risk tolerance.
• Perform collateral valuations using direct capitalization approach for smaller properties and discounted cash flow analysis for large complex commercial properties.
• Perform repayment and market analysis for all property types.
• Analyze and spread personal financial statements and personal tax returns in order to ascertain financial strength of individual guarantors.
• Conduct global real estate cash flow in order to establish overall exposure and performance of real estate portfolio.
• Ability to meet a minimum of one (1) financial analysis per week with a high degree of accuracy in terms of figures and credit risk assessment.
• Interact with Sponsors/Borrowers as well as Relationship Managers and Portfolio Managers to enhance the quality of information required for underwriting purposes. Acts as a consultant to business lines regarding credit issues, processes and procedures.
• Assist in the training process of junior credit analysts. Specifically, assist the trainees in adopting the operating procedures of the department, the formats used for credit analysis purposes, and the credit criteria applied to the different types of analysis.
• Functions as a resource for business lines and works with senior management on various issues, as needed.
• Back up function for other operational roles performed in the department, as required by supervisor.
• Ability to identify, evaluate, monitor and make any recommendation deemed necessary to the supervisor in order to assess, reduce, eliminate or control any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules, regulations, prescribed practices, internal policies and procedures or ethical standards.
• Ensure preventive measures are carried out to fully comply with current rules, regulations and internal policies relating to risks pertaining to BSA, USA Patriot Act, OFAC and other AML related issues.
• Participation in various appointed committees and/or outside organizations, representing both the Credit Services Unit and Bank.
• Assist in the training process of junior credit analysts. Specifically, assist the trainees in adopting the operating procedures of the department, the formats used for credit analysis purposes, and the credit criteria applied to the different types of analysis.
• Functions as a resource for business lines and works with senior management on various issues, as needed.
• Back up function for other operational roles performed in the department, as required by supervisor.
• Ability to identify, evaluate, monitor and make any recommendation deemed necessary to the supervisor in order to assess, reduce, eliminate or control any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules, regulations, prescribed practices, internal policies and procedures or ethical standards.
• Ensure preventive measures are carried out to fully comply with current rules, regulations and internal policies relating to risks pertaining to BSA, USA Patriot Act, OFAC and other AML related issues.
• Participation in various appointed committees and/or outside organizations, representing both the Credit Services Unit and Bank.
• Assist in the loan structuring process and review of legal covenants in conformity with the Bank’s policies and procedures. This also includes assisting Head of Segments and Relationship Managers in collaborating with other bank units such as Credit Administration, Loan Operations, Credit Services, Closing areas, and Credit Risk.
• Collaborate with Portfolio Management in the administration, monitoring, and renewal of upcoming maturities in a timely manner, processing of modifications, risk rating process (CARs), exceptions, covenants, as well as assisting in the identifying any "red flags" or problems within the portfolio.
• Conduct analysis/underwriting and assist portfolio managers functions, as needed. Provide support on new business activities by screening preliminary data and follow up in obtaining required documentation and conformity to credit underwriting policy of the Bank. Assist in the preparation of documentation, memos, and/or presentations (i.e. Term Sheet, PowerPoint presentations, etc.) as needed for the Relationship Manager.
• Operate the software systems for loan originations, modifications, annual reviews, and other presentations to senior management.
• Conduct annual review of existing credit relationships; recommend changes in risk rating as deemed appropriate. This includes calculating covenant testing requirements as needed. Identify, track and monitor loan policy exceptions, review credits with loan covenants and verify compliance.
• Monitor the assigned portfolio for adherence to Bank policies relative to credit, collateral, and documentation exceptions. Recommended appropriate actions, if necessary.
• Conduct project site visits/inspections and report findings, as needed.
• Attend seminars and training sessions to keep abreast of changing regulations, as well as industry/market trends and conditions.

Minimum Education and/or Certifications Requirements:

Bachelor’s degree in business, accounting or finance required. Master’s degree preferred OR 5 years of commercial credit analysis experience in lieu of education. Formal credit training required.

Minimum Work Experience Requirements:

7 years of professional experience in lending and/or credit analysis. Knowledgeable of banking products and documentation.

Technical and/or Other Essential Knowledge:

Thorough understanding of the Bank’s credit procedures, programs and policy. Accounting and credit principles. Proficiency in Microsoft Suite is required. Salesforce, nCino, FIS IBS experience is a plus. Sound time management and organizational skills required. Well organized and systematic. Must possess strong communication skills.