Intercredit Bank N.A.
This position is responsible for due diligence, analytical and underwriting support, writing Credit Approval Memorandums ("CAM"), recommending and presenting to the Credit Committee decisions on Commercial Real Estate ("CRE") transactions, up to a highly complex level. CRE loan transactions include acquisitions, ground-up construction, repositioning, lease-up, and stabilized collateral assets.
The analyst must ensure the portfolio remains creditworthy, compliant with the Credit Policy, and align with strategic targets, as dictated by management. Understanding and applying OCC ("Office of the Comptroller of the Currency") guidance and regulatory expectations is a critical part of being a Senior CRE Credit Analyst.
Although there is no direct supervisory responsibility, the position also may assist the CRE Credit Manager in the training and oversight of Junior Credit Analysts specializing in CRE. The individual must be fully experienced in all aspects of credit analysis.
Responsibilities:
Work with lenders or relationship managers to structure terms (e.g., amortization, covenants, recourse). Analyze the creditworthiness of new and existing CRE borrowers, property cash flows (NOI, DSCR), market conditions, and collateral valuations. Prepare credit analysis reports in the form of CAMs for use by lending officers and the Bank's respective Credit Committees. Assign the corresponding loan codes to each credit facility. Verify that the required level of financial information submitted by the borrowers conforms to Bank's policy. Spread financial statements and/or tax returns submitted by the borrower or prospect client into the corresponding programs or Microsoft Excel. Analyze financial ratios derived from the spreading of the financial information, e.g., DSCR, Debt Yield, LTV, etc. Review the comparative rental market analysis and draw appropriate conclusions. Run and analyze appropriate credit reference reports. Analyze background check reports. Request and review credit references from other Lenders and other available informational sources. Confirm the Bank's collateral position by researching county and state's sites. Prepare credit analyses reports by presenting facts and offering reasoned opinions. Stress test financial models for adverse scenarios. Analyze and propose mitigants. All of this work is conducted in a largely independent manner, with only occasional consultation and review by the CRE Credit Manager. Additional Responsibilities:
Prepare industry study reports on the industries in which the Bank extends credit. Provide clear assessment as to whether proposed or existing loan is within established credit policy guidelines. Conduct annual or periodic credit reviews. Provide assistance to other Credit Analysts, the Credit Manager, and the Chief Credit Officer as needed. Carry out any project as assigned by the Credit Manager or Chief Credit Officer. Maintain extensive communication with Lending Officers providing assistance on the preparation of new loans and renewals. Assist the Credit Department Manager and Chief Credit Officer in training and supervising more junior credit analysts. Help refine underwriting standards and risk appetite strategies. Provide necessary support to Credit Manager and Chief Credit Officer. Desirable Experience and Skills:
Requires a Bachelor's degree, preferably with a business or finance major. A minimum of five (5) years previous credit training and experience is required. Experience in full lifecycle CRE transactions. Proven track record with multiple property types. Experience with sponsor/guarantor credit analysis. Experience preparing credit approval packages and presenting to credit committees. Requires strong knowledge and experience with word processing and spreadsheet software. Work typically involves reading, large amounts of writing, and substantial arithmetical calculations. Fluency in both spoken and written Spanish is highly desirable. Intercredit Bank is an equal opportunity employer.
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Work with lenders or relationship managers to structure terms (e.g., amortization, covenants, recourse). Analyze the creditworthiness of new and existing CRE borrowers, property cash flows (NOI, DSCR), market conditions, and collateral valuations. Prepare credit analysis reports in the form of CAMs for use by lending officers and the Bank's respective Credit Committees. Assign the corresponding loan codes to each credit facility. Verify that the required level of financial information submitted by the borrowers conforms to Bank's policy. Spread financial statements and/or tax returns submitted by the borrower or prospect client into the corresponding programs or Microsoft Excel. Analyze financial ratios derived from the spreading of the financial information, e.g., DSCR, Debt Yield, LTV, etc. Review the comparative rental market analysis and draw appropriate conclusions. Run and analyze appropriate credit reference reports. Analyze background check reports. Request and review credit references from other Lenders and other available informational sources. Confirm the Bank's collateral position by researching county and state's sites. Prepare credit analyses reports by presenting facts and offering reasoned opinions. Stress test financial models for adverse scenarios. Analyze and propose mitigants. All of this work is conducted in a largely independent manner, with only occasional consultation and review by the CRE Credit Manager. Additional Responsibilities:
Prepare industry study reports on the industries in which the Bank extends credit. Provide clear assessment as to whether proposed or existing loan is within established credit policy guidelines. Conduct annual or periodic credit reviews. Provide assistance to other Credit Analysts, the Credit Manager, and the Chief Credit Officer as needed. Carry out any project as assigned by the Credit Manager or Chief Credit Officer. Maintain extensive communication with Lending Officers providing assistance on the preparation of new loans and renewals. Assist the Credit Department Manager and Chief Credit Officer in training and supervising more junior credit analysts. Help refine underwriting standards and risk appetite strategies. Provide necessary support to Credit Manager and Chief Credit Officer. Desirable Experience and Skills:
Requires a Bachelor's degree, preferably with a business or finance major. A minimum of five (5) years previous credit training and experience is required. Experience in full lifecycle CRE transactions. Proven track record with multiple property types. Experience with sponsor/guarantor credit analysis. Experience preparing credit approval packages and presenting to credit committees. Requires strong knowledge and experience with word processing and spreadsheet software. Work typically involves reading, large amounts of writing, and substantial arithmetical calculations. Fluency in both spoken and written Spanish is highly desirable. Intercredit Bank is an equal opportunity employer.
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