Credit Analyst

Join Rosedale Federal and Be a Part of OUR STORY

At Rosedale Federal, we pride ourselves on being a community bank. We are a highly successful, growing financial institution with a rich 116-year history, over $1 billion in assets, 13 retail branch locations in MD, and approximately 150 employees. Our culture, strategic vision, and core values center around community, both internal and external. We believe what sets us apart is our strong commitment to our people - employees, customers, and communities - with a focus on employee engagement and recognition, work/life balance, growth and development opportunities, personal connections, delivering an exceptional personal touch customer experience, charitable giving, employee involvement in our communities, financial literacy, and so much more.

About the Job

Rosedale Federal is currently seeking a Credit Analyst to join our team in the Credit Department of Commercial Lending. Incumbent will be responsible for analyzing and assessing the credit worthiness of new and existing business and commercial loan customers. Underwrite all new commercial loan requests by analyzing financial statements, tax returns, and preparing detailed global cash flow analysis to assess the borrower's financial condition and ability to repay the debt. Analyze and assess the credit worthiness of existing customers (individuals and businesses) as part of the annual review process for the Commercial Lending department.

In this position you will:

CREDIT ANALYSIS -

• Independently underwrites commercial loan inquiries and transactions from the initial credit assessment through approval.
• Assess credit worthiness and transaction viability for potential new transactions. Discuss results of initial financial review, underwriting guidelines, and institution specific credit standards with Commercial Loan Officers to support lending decisions. Recommend loan structure enhancements and protective loan covenants, as needed, during the approval process.
• Prepare accurate and thorough loan packages for Executive Loan Committee. Ensure ongoing credit quality of the institution through comprehensive analysis, independent thinking, and a commitment to detail.
• Preparation of loan packages includes:
  • Underwriting Analysis - Analyze all pertinent financial data (tax returns, financial statements, developer's schedule, etc.), calculate global cash flow with impact of new/proposed debt, sensitize operating projections under stress scenarios, and compare transaction ratios to industry standards.
  • Collateral Analysis - Assess the quality of the collateral real estate, review leasing terms, rent rolls, renewal options and maturity dates, research real estate market conditions and trends, assess tenant mix, property marketability, and roll-over risk.
  • Identify and document lending exceptions to the Commercial Lending Policy.
  • Prepare written presentation of underwriting and collateral analysis, summarize the transaction's strengths and weaknesses, and provide credit recommendation.

PORTFOLIO MANAGMENT -

• Conduct internal loan reviews on existing commercial relationships, including loan covenant testing. Ensure compliance with all related policies and approval requirements.
• Assist with coordination of quarterly problem loan documentation by supplying the Commercial Loan Officers with updated spreads and cash flows as needed.
• Assist with external loan reviews, audits and regulatory reviews. Assist the Chief Credit Officer with the collection of information and files as necessary.

OTHER DEPARTMENT RESPONSIBILITIES -

• Utilize key credit support systems (e.g., Baker Hill, CoStar, Cognos, Synergy etc.).
• Responsible for adhering to all Bank policies and procedures to ensure accuracy and compliance.

• Completes all assigned online or in-person Compliance, Human Resources, and Departmental training modules/classes.

What we are looking for:

• Bachelor's Degree in finance, business administration, real estate finance or related field preferred
• 2 years of experience in lending with at least 1 year analyzing and underwriting commercial loan transactions at a financial institution

Working Conditions/Physical Requirements

• Must be able to remain in a stationary position for long periods of time (50%-75% of the time).
• The person in this position needs to occasionally move about inside the office to access file cabinets, office machinery, etc.
• Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.

Benefits you will enjoy

• 401(k) - fully vested employer match and discretionary year end employer profit share contribution
• Health Savings Account with generous employer contribution
• Wide variety of Voluntary Benefit Options
• Employer subsidized Health & Wellness Fitness Program
• Generous paid time off including Birthday Day Off
• Paid Parental Leave
• Discretionary performance-based bonus program
• RISE Employee Recognition Program
• Paid Community Outreach Hours

List of essential functions is not necessarily exhaustive and may be supplemented, or otherwise revised by the employer, at its sole discretion.

We are an equal opportunity employer. Employment selection and related decisions are made without regard to race, color, religion, sex or gender (including pregnancy), age, marital status, disability, national origin, veteran status, sexual orientation, gender identity, genetic information or any other protected class.

Salary : $70,000 - $80,000