Credit Analyst

NOTE: This role is based in Wall Township, NJ and not a remote based role.

TOTAL REWARDS

• Benefits: medical, dental, vision, life insurance, 401K, PTO & FSA.
• Compensation: marketing competitive salaries and annual merit increase and bonus program.
• Perks: 11 paid holidays, recognition platform integrated with Amazon, CREW Cares paid volunteering, & professional development opportunities
• Differentiators: Tuition Reimbursement, Student Loan Repayment, Calm app, & pet benefits

PRIMARY PURPOSE

Under general supervision and according to established policies and procedures analyze new credit requests, renewals and loan reviews assigned by the Credit Manager. Develop and analyze credit information for CRE, C&I, construction and small business loans, prepare credit presentations for loan officers, loan committee and board. Prepares regulatory reporting information with regard to loans, orders proper documentation and searches and supports lenders with the analysis and administration of loans.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Perform detailed financial analysis on business entities and interprets the financial information based on financial statements, tax returns and company prepared documents.
• Accounting, financing, traditional cash flow, UCA and property operating analysis knowledge. 
• Perform credit, personal financial statement and personal cash flow analysis on individuals and guarantors in order to determine financial strength and credit enhancements based on financial statements, tax returns and reports.
• Prepare credit presentations for new approvals, renewals and reviews based upon financial analysis for presentations to loan officers, loan committee and board.
• Assist with presentations of loans to loan committee and board.
• Prepare and maintain accurate loan records, regulatory reporting information and necessary searches. 
• Recommend specific loan structures to enhance credit quality.
• Accompany lenders on customer site visits and customer interviews.
• Contributes to team responsibility for insuring satisfactory audit, loan review and other asset quality metrics. 
• Maintain accurate knowledge of MB credit, practices and regulatory policies to assist bank in compliance. 

JOB SPECIFICATIONS 

• Strong analytical skills with the ability to read and assess individual and company financial statements, tax returns, cash flow, industry and competitive analysis and projections.
• Strong background in commercial and small business underwriting and lending.
• Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner with minimal direction. 
• Strong written and verbal skills.
• Strong problem recognition and resolution skills.
• Ability to work independently and within a team.
• Working knowledge of all commercial products and services. 
• Proficient in various spreadsheet and word processing applications 

EXPERIENCE & EDUCATION

• Bachelor’s degree in business administration, finance, accounting, economics or equivalent work background and experience.
• Minimum one year’s experience in credit analysis or equivalent financial analysis experience required.

WORKING CONDITIONS & PHYSICAL REQUIREMENTS: Working conditions are those of an “open” office environment, which can require the ability to manage some stress such as noise level from clients, employees, and general office equipment, etc. Ability to work remotely in a secure, private and noise free environment. Daily use of wrists, hands, and fingers: to use computer, telephone, fax, copier, and general office equipment. Ability to hear and speak clearly for gathering simple to complex information from both clients and co-workers. Sitting for extended periods of time (up to 8 hours), standing, and walking up to 20% of work time. Ability to bend and lift boxes and bags, up to approximately 10lbs.

DISCLAIMER: This information describes the general nature and level of work performed by employees in this job. The description is not designed to be a comprehensive inventory of all duties, responsibilities, and qualifications required of employees in this job. Reasonable accommodation may be made to qualified, disabled individuals for the performance of essential duties and responsibilities.