Commercial Credit Analyst jobs in Virginia

Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.

PenFed is hiring a (Hybrid) Commercial Real Estate Portfolio Analyst at our Tysons, Virginia location.  The primary purpose of this position is to provide analysis on the $1.7B in Commercial Real Estate (CRE) loan in accordance with Federal regulations and PenFed Board of Director Policies, procedures, and standards. The incumbent will be responsible for developing reporting, documentation, and written/verbal analysis with the intent of mitigating risk and maximizing value of the portfolio.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.   

• Develop Commercial Real Estate reporting and analysis for Management, Executive Team, the Board of Directors, and Regulators.
• Complete a thorough analysis of Commercial Loans and review financial information provided by the Borrower and third parties.
• Assist Portfolio Management team with data, financial modeling, and analysis to support workout opportunities.
• Monitor assigned portfolio for early identification of risks.
• Prepare and present quarterly asset reports for the assigned portfolio.
• Work with members, internal PenFed staff, and external partners to provide rationale and explanations for commercial lending decisions and ongoing issues related to servicing and accounting.
• Interpret policies and guidelines for Senior Credit and other PenFed employees requiring guidance. Provides early due diligence feedback to managers on loan opportunities.
• Analyze and review documentation related to CRE loans with an emphasis on accuracy, legitimacy, and completeness of required documentation.
• Mentor and coach activities designed to maximize staff performance; this may include training and coaching the junior members of the team.
• Collaborate with other departments and/or institutions to corroborate or collect information related to commercial lending decisions.
• Maintain a thorough understanding of regulatory direction related to credit union compliance for lending in the CRE space.
• Review policies, procedures, and guidelines and makes recommendations for improvement. 

Equivalent combination of education and experience is considered.

• Bachelor’s Degree in a related field is strongly preferred.
• Minimum of seven (7) years of experience in a large or medium sized banking or financial service institution, with at least (5) years of experience as an underwriter is required.
• Specific Experience with Analysis for large CRE loans, including direct and syndicated transactions.
• Strong analytical skills and ability to interpret financial statements, rent rolls, and other reports with ease.
• Strong financial modeling skills.
• Tableau/SQL experience preferred.
• Proficiency with Microsoft Applications (Word, Excel, PowerPoint, Access, Outlook) at a level that allows independent work.
• Strong written and verbal communication skills.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds. *

Travel

Ability to travel to various worksites and be on-call may be required.

Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.8 million members and over $36 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.
 
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
 
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
 
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.