What are the responsibilities and job description for the Credit Analyst position at Avidbank?
Avidbank is a $2.1 billion commercial bank based in Silicon Valley serving the San Francisco Bay area and beyond. We are a highly responsive business bank, providing tailored financial solutions. We are advocates for our clients and specialize in providing innovative banking products and supportive services that exceed our clients’ expectations.
Founded in 2003, we specialize in commercial & industrial lending, technology and asset-based lending, specialty finance, real estate construction and commercial real estate lending. We have one branch in San Jose along with loan production offices in Redwood City and San Francisco.
Title of position: Credit Analyst
Position type: Full-time
Pay range: $70,000 - $85,000
Division: Commercial Real Estate
Work Location Type: Office
Location: San Jose, CA
Job Summary:
The Credit Analyst is responsible for managing, spreading and maintaining financial background information on present and prospective customers, and assists with underwriting analysis for the Relationship Managers. Position includes managing spread assignments, making financial analyses, and maintaining related records and files.
Essential Functions and Basic Duties:
· Monitor financial performance and covenant compliance for CRE portfolio.
· Analyzing financial statements and credit profiles of CRE investors / properties.
· Support deal team in business/industry/financial due diligence and develop detailed financial models.
· Prepare credit memoranda for Avidbank’s credit committee.
· Support Senior Bankers in deal screening and transaction diligence.
Qualifications and Skills:
· Undergraduate degree demonstrating strong academic performance.
· Strong attention to detail and intellectual curiosity.
· Strong understanding of Microsoft Office including Excel, Word, PowerPoint, etc.
· Ability to take ownership of simultaneous assignments and produce results in time-sensitive circumstances.
· Ability to work collaboratively with members of the deal team and with third party constituencies.
· Ability to analyze data to support and improve business decisions.
Experience Required:
· Degree with emphasis on finance, accounting, economics, mathematics, or technical field.
· Interest or experience in commercial real estate finance, development, investing.
Physical Requirements:
· Prolonged periods of sitting at a desk and working on a computer.
· Must be able to lift 15 pounds at times.
Benefits
Avidbank offers full time employees’ competitive compensation, medical, dental, vision, life insurance, long term disability insurance, 401k with matching, paid holidays and a competitive paid time off policy.
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. It is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.
Avidbank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
We are an AA/EEO/Veterans/Disabled employer.
Salary : $70,000 - $85,000
