Commercial Credit Analyst collects, reviews, and analyzes data to prepare a detailed credit analysis that evaluates the terms and creditworthiness of commercial loan applications. Uses multiple sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis, to assign risk ratings to loans and complete an analysis of the applicant's financial status. Being a Commercial Credit Analyst calculates debt-to-income (DTI) ratios to evaluate an applicant's ability to repay the loan. Prepares credit memos in a standardized format that includes key ratios, supporting information, an executive summary, and objective recommendations. Additionally, Commercial Credit Analyst presents credit reports to loan officers and loan committees. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
JOB SUMMARY
New Valley is seeking a talented, ambitious professional willing and able to contribute to the success of our new bank. Under the direction of the AVP Credit Officer, the Credit Analyst will work collaboratively to support the loan origination and ongoing monitoring initiatives of the Lending Department.
This is an entry-level client relationship management position. Qualified candidates will have seasoned credit underwriting background with a proven ability to evaluate and determine the credit risks of commercial clients and appropriate structure of loan requests through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.
ESSENTIAL KEY FUNCTIONS
EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER
New Valley Bank and Trust is committed to diversity and inclusion. We recruit and employ the best qualified individuals without regard to race, religion, color, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or other non-merit-based factors. Equal employment opportunity applies to all personnel actions.
QUALIFICATIONS
Education
Skills and Experience
Physical Requirements
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Duties, responsibilities, and activities may change at any time without notice.
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