What are the responsibilities and job description for the Commercial Credit Analyst position at JCW?
Overview:
Our client, a well-established community bank in New Jersey, is seeking an experienced Credit Analyst to join their dynamic lending team. This role will primarily focus on underwriting and analyzing loans in the Commercial Real Estate (CRE), Commercial & Industrial (C&I), and SBA sectors. The ideal candidate will possess a strong understanding of credit risk, financial statement analysis, and loan structuring, with at least three years of relevant experience in commercial lending.
Key Responsibilities:
- Underwrite CRE, C&I, and SBA loan applications, including financial statement analysis, cash flow projections, and risk assessments.
- Prepare comprehensive credit packages for loan officers, including detailed reports on creditworthiness, collateral evaluation, and loan structure.
- Conduct due diligence on borrower financials, business plans, and other relevant documentation to ensure compliance with internal policies and regulatory standards.
- Collaborate with loan officers, relationship managers, and senior management to determine appropriate loan terms and conditions.
- Provide recommendations regarding loan approval or decline based on thorough analysis.
- Monitor loan performance and ensure proper documentation for credit renewals, modifications, and extensions.
- Stay updated on market trends, industry regulations, and emerging risks that may impact lending decisions.
Requirements:
- Minimum of 3 years of experience in credit analysis within a banking or financial services environment.
- Strong understanding of commercial real estate, commercial & industrial lending, and SBA loan products.
- Proficient in financial analysis, including balance sheets, income statements, cash flow statements, and key financial ratios.
- Experience working with loan structuring, risk assessment, and credit decision-making processes.
- Knowledge of regulatory requirements and industry standards governing commercial lending.
- Excellent written and verbal communication skills.
- Strong attention to detail and ability to work under tight deadlines in a fast-paced environment.
Salary : $75,000 - $105,000
