What are the responsibilities and job description for the Credit analyst - Commercial Loans position at Frederick Fox?
Commercial Credit Analyst
In this role you will analyze the credit history of loan applicants, and approve or deny $3MM to $25MM loans. You will also be servicing and tracking loans for risk trends, payment status, documentation, insurance, and credit exceptions.
What makes this role so great!?!
--Significantly grow your knowledge supporting creative solutions…not just the typical cookie cutter bank loans!
--Strong flexibility to transition to other functions and advance your career within a leading lending agency.
--Outstanding benefits
Responsibilities
- Analyze the credit worthiness of loan applicants
- Review personal credit scores
- Prepare loan presentation sheets
- Draft commitment letters for loan officer’s final approval.
- Review legal documents for adherence to approved loan terms
- Assign risk ratings
- Support loan administration
- Perform OFAC background checks on borrowers and guarantors
- Process payment of third-party invoices
Requirements
- 4 years’ Credit Analyst experience, or a highly relevant degree (such as BS in Finance) and 2 years’ experience
- Commercial Real Estate underwriting experience, including a strong understanding of credit
Job Type: Full-time
Pay: $85,000.00 - $125,000.00 per year
Benefits:
- 401(k)
- 401(k) 4% Match
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Physical Setting:
- Office
Schedule:
- 8 hour shift
- Monday to Friday
Experience:
- Commercial Credit Analysis: 2 years (Required)
Work Location: In person
Salary : $85,000 - $125,000
