What are the responsibilities and job description for the Senior Credit Analyst position at RF RENOVO MANAGEMENT COMPANY LLC?
Job Description
Job Description
Position : Senior Credit Analyst
Who We Are :
Renovo Financial is a rapidly-growing Chicago-based private lender serving real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supporting clients by providing unparalleled service, from the loan application through the payoff. Renovo’s reliability and “win-win” solutions-oriented approach is just one reason why our repeat and referral rates far exceed the industry average. Renovo was honored to be named one of Crain’s 50 fastest-growing Chicago companies.
Position Summary :
The position of Senior Credit Analyst is responsible for gathering and analyzing credit information on current and potential borrowers, determines the advisability of granting credit for diversified types of loans, & is the right-hand credit resource for Renovo’s VP of Lending. Their primary responsibility is to assist Renovo in writing quality loans swiftly, accurately, and efficiently with little compromise to production.
Ideal Candidate :
The ideal candidate for this role is someone who has at least three years of experience as a real estate Credit Analyst at a community bank or private lender.
Responsibilities :
- Assists VP of Lending in performing pre-qualification assessment and analysis of Borrower’s financial condition
- Compiles data from credit bureaus, tax returns, and statement of assets etc. for analysis
- Prepares clear and precise executive summaries for presentation of proposed loans
- Coordinates with VP of Lending to manage the existing portfolio in regards to loan extensions, modifications and covenant tracking
- Makes recommendations and works with VP of Lending to structure loans and mitigate risk.
- Oversees the vetting process for potential new appraisers
- Supports the VP of Lending during Credit Committee by demonstrating knowledge of the pertinent information for each deal.
- Responsible for maintaining the integrity of the existing Credit Policy and making updates to the policy as needed.
- Performs other duties and responsibilities as required.
Success Factors :
Behavioral Characteristics :