What are the responsibilities and job description for the Commercial Credit Analyst II position at EverBank N.A.?
The Commercial Credit Analyst II provides high-level support to assigned Underwriters or Portfolio Managers in the form of financial or commercial real estate underwriting analysis in order to achieve the bank's goals with regard to new loan origination and effective risk management. While working independently with limited supervision, this job proactively assists in managing departmental objectives and analyzing diverse and complex credit structures. This job handles more complex and larger credit transactions and circumstances.
Key Responsibilities and Duties
- Anticipates the needs of assigned underwriters or portfolio managers in the financial analysis, credit underwriting and approval process.
- Assists the Underwriting Team with new loan requests and the preparation of preliminary and final deal approvals which include detailed real estate analysis, market trend analysis, commercial real estate sizing worksheets, detailed borrower cash flow analysis, global cash flow analysis and identification of risks.
- Maintain and update the financial reporting tracking system to ensure timely receipt, logging and processing of all required financial information.
- Assists the Portfolio Management Team with the preparation of portfolio servicing documentation for the timely analysis of financial spreads, commercial real estate sizing worksheets, trend analysis, detailed borrower cash flow analysis, global cash flow analysis, industry analysis, market analysis, and identification of risks.
- Coordinates credit and loan portfolio administration support such as pipeline reports, monitoring past dues, document and tickler exceptions, collateral valuations, site inspections, and covenant compliance.
- Understands and incorporates credit policies, guidelines and applicable regulatory requirements in work product, when and where appropriate.
- Reviews loan closing packages for completeness and accuracy.
- Summarizes and effectively presents recommendations with supporting financial analysis.
- University (Degree) Preferred
- 2 Years Required; 3 Years Preferred
- Physical Requirements: Sedentary Work
Career Level
6IC
Requirements:
Previous experience in Multifamily or Commercial Real Estate is strongly preferred.
Hybrid work is a minimum of four days a week, one flexible day for remote work.
Posting end date: 1/29/25
Req Benefits:
EverBank is committed to the well-being of its associates. That's why we offer a comprehensive Total Rewards package commensurate with the position and job-related qualifications, skills and knowledge. Our comprehensive Total Rewards package provides choice and flexibility, respects differences, and embraces diversity.
- Medical, dental, vision & HSA/FSA
- 401(k) savings
- Paid holidays & generous PTO
- Tuition reimbursement
- Additional wellness & voluntary benefits
Compensation: $66,100 - $89,400
Additional Details :
EverBank, N.A. ("EverBank") is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers.
EverBank's commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money.
VEVRAA Federal Contractor
Member FDIC
Salary : $66,100 - $89,400
