IDB Bank
Overview
Uphold asset protection and sustain business growth through prudent credit analysis processes, support Relationship managers, analyzing and evaluating prospective commercial mortgage loans. Perform financial property analysis for the Commercial Real Estate portfolio in New York with high accuracy in a fast paced environment for both prospects and existing customers. Responsibilities
Assist Relationship Managers with all aspects of initial sizing to closings. Spread and analyze financial statements and other credit information for Relationship Managers Research credit worthiness using multiple resources and reports. Evaluate different loan types including land, construction, bridge and stabilized projects Work with appraisers, brokers, and online services to obtain and validate market information; and review leases and rent rolls, analyze sponsor/guarantor and/or major tenant financial wherewithal Work with multitude of asset classes including multifamily, retail, office, industrial and hotel Work closely with Portfolio Management Team on loan modifications, approvals, and waivers Prepare preliminary investment committee materials Ensure that all work processed meets audit and compliance requirements Qualifications
Minimum 3 years experience in a commercial real estate credit evaluation environment Knowledge of Income Producing Real Estate property phases, i.e., Construction, Lease-Up and Stabilized BS degree in Accounting / Finance or business-related field Working knowledge of commercial credit systems as well as corporate financial systems (i.e., Loans and Deposit Balances, Collateral & Doc Tracking) Proficient in Excel including the ability to perform cash flow analyses and create financial models. Working knowledge of Argus a plus Excellent research and analytical capabilities Strong interpersonal, verbal and written communication skills Familiarity with legal documentation is a plus Team player positive can do attitude Compensation and Benefits
The expected annual salary for this position is between $100,000-120,000 annually at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individuals skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement. Accommodation and Equal Opportunity
The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank: those with a known mental or physical disability; pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions; victims of domestic violence, sex offenses or stalking; employees with religious observance and practice obligations. All requests will be addressed with a good faith dialogue and confidential handling in accordance with applicable laws. Disclaimer: The above statements are intended to describe the general nature and level of work being performed. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed. All your information will be kept confidential according to EEO guidelines. Job Details
Seniority level: Associate Employment type: Full-time Job function: Sales and Management Industries: Banking
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Uphold asset protection and sustain business growth through prudent credit analysis processes, support Relationship managers, analyzing and evaluating prospective commercial mortgage loans. Perform financial property analysis for the Commercial Real Estate portfolio in New York with high accuracy in a fast paced environment for both prospects and existing customers. Responsibilities
Assist Relationship Managers with all aspects of initial sizing to closings. Spread and analyze financial statements and other credit information for Relationship Managers Research credit worthiness using multiple resources and reports. Evaluate different loan types including land, construction, bridge and stabilized projects Work with appraisers, brokers, and online services to obtain and validate market information; and review leases and rent rolls, analyze sponsor/guarantor and/or major tenant financial wherewithal Work with multitude of asset classes including multifamily, retail, office, industrial and hotel Work closely with Portfolio Management Team on loan modifications, approvals, and waivers Prepare preliminary investment committee materials Ensure that all work processed meets audit and compliance requirements Qualifications
Minimum 3 years experience in a commercial real estate credit evaluation environment Knowledge of Income Producing Real Estate property phases, i.e., Construction, Lease-Up and Stabilized BS degree in Accounting / Finance or business-related field Working knowledge of commercial credit systems as well as corporate financial systems (i.e., Loans and Deposit Balances, Collateral & Doc Tracking) Proficient in Excel including the ability to perform cash flow analyses and create financial models. Working knowledge of Argus a plus Excellent research and analytical capabilities Strong interpersonal, verbal and written communication skills Familiarity with legal documentation is a plus Team player positive can do attitude Compensation and Benefits
The expected annual salary for this position is between $100,000-120,000 annually at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individuals skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement. Accommodation and Equal Opportunity
The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank: those with a known mental or physical disability; pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions; victims of domestic violence, sex offenses or stalking; employees with religious observance and practice obligations. All requests will be addressed with a good faith dialogue and confidential handling in accordance with applicable laws. Disclaimer: The above statements are intended to describe the general nature and level of work being performed. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed. All your information will be kept confidential according to EEO guidelines. Job Details
Seniority level: Associate Employment type: Full-time Job function: Sales and Management Industries: Banking
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