What are the responsibilities and job description for the Commercial Credit Analyst, AT position at Apple Bank for Savings?
Hybrid / New York, NY
Salary Range : $90,000 - $100,000
The Commercial Credit Analyst assists in the screening and underwriting of new prospects, and actively manages a portfolio of accounts for Apple Bank. This position is responsible for risk grading and risk analysis / credit approval for underwriting, amendments, renewals and / or modifications, related documentation, as well as the organized tracking and monitoring of account and portfolio performance under the guidance of the Senior Portfolio Manager.
ESSENTIAL DUTIES & RESPONSIBILITIES
- Assist in establishing a monitoring process for the loan portfolio and establish efficient and effective risk management reporting tools, in collaboration with management, Loan Administration and operations staff, as well as other key stakeholders.
- Evaluate accounts and credit facilities by performing financial statement analysis, reviewing spreads, calculating adherence to compliance statements and loan covenants, and assessing the overall risk within the client's business, industry, customer base and geography.
- Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities.
- Approve advance requests, in coordination with the Senior Portfolio Manager and Loan Administration.
- Conduct post-closing credit file and maintain post-closing files.
- Provide data and analyses in support of reserving and / or write-off actions of the organization as requested.
- Maintain trend cards on a timely basis and ensure that files are kept up to date and orderly.
- Prepare and present account updates to senior leadership during quarterly portfolio review.
- Participate in client calls and onsite visits to gain exposure to clients.
- Exposure to more complex deals through mentorship with seasoned underwriters and portfolio managers, deal shadowing and other learning opportunities.
ADDITIONAL DUTIES & RESPONSIBILITIES
Assist Senior Portfolio Manager in the evaluation of loan amendments, increases, extensions, and modifications :
OTHER
SKILLS, EDUCATION, & EXPERIENCE
Visa sponsorship not available.
We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and / or veteran status, or any other Federal or State legally-protected classes.
Salary : $90,000 - $100,000
