Grasshopper Bank
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Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions‑driven products and superior service through a combination of passionate people and digital resources.
Department : Credit Location : Remote
We are a highly experienced team who pride ourselves on
diversity of thought and perspective . Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking.
Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through
inclusive partnership . We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with
integrity and respect . Our focus on
cross‑functional teamwork
provides a culture where ideas are valued,
accountability is encouraged , and
successes are celebrated . We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services.
Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston.
What You'll Do
Serve as the credit specialist for the RMs to help drive loan growth across GHBs suite of loan products, recommending appropriate credit structure to meet the borrower’s need while maintaining the bank’s credit risk profile.
Lead the review and analysis of prospective client performance and debt needs and coordinate with the Grasshopper credit team to assess credit strength of new debt opportunities.
Build strong working relationships with prospective borrowers, Relationship Managers, existing clients, and other constituents both inside and outside the bank.
Monitor the performance of existing borrowers and identify deviations from agreed upon performance covenants, raising credit concerns to the Relationship Manager to mitigate credit risk where appropriate.
Conduct financial analysis of the credit and collateral for new and existing borrowers, with emphasis on historical trend analysis and financial forecasting.
Test financial covenants and other risk assessments based on the Loan & Security Agreement as needed.
Utilize bank loan systems to input financial information, prepare financial analysis and produce comprehensive management reports/summaries as required.
Communicate with clients, Relationship Managers, and bank leadership to resolve loan issues or questions.
Assist RMs in the collection of covenant reporting information and payment collection; the ultimate responsibility for obtaining financial disclosure and loan payment lies with the RM, since they own the relationship.
Candidate must be comfortable working with AI based underwriting and analysis software.
What You Need
Bachelor's degree in Accounting, Finance, or Economics or equivalent experience.
At least 8 years of relevant banking experience.
Experience analyzing Fund and Sponsor Banking deals; ideal candidates will also have experience underwriting C&I credits.
Excellent communication skills, able to engage staff at all levels and with external contacts.
Strong multi‑tasking abilities in a fast‑paced environment, meeting tight deadlines.
A high regard for detail, ensuring accuracy and correcting errors promptly.
Analytical skills and resourcefulness for in-depth industry and market analyses, including financial statement analysis.
Ability to act independently and solve problems effectively.
Expert knowledge in Word, Excel, and PowerPoint.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Finance and Sales
Industries Banking
Salary: $102,000 – $190,000. Posted 2 weeks ago.
#J-18808-Ljbffr
Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions‑driven products and superior service through a combination of passionate people and digital resources.
Department : Credit Location : Remote
We are a highly experienced team who pride ourselves on
diversity of thought and perspective . Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking.
Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through
inclusive partnership . We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with
integrity and respect . Our focus on
cross‑functional teamwork
provides a culture where ideas are valued,
accountability is encouraged , and
successes are celebrated . We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services.
Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston.
What You'll Do
Serve as the credit specialist for the RMs to help drive loan growth across GHBs suite of loan products, recommending appropriate credit structure to meet the borrower’s need while maintaining the bank’s credit risk profile.
Lead the review and analysis of prospective client performance and debt needs and coordinate with the Grasshopper credit team to assess credit strength of new debt opportunities.
Build strong working relationships with prospective borrowers, Relationship Managers, existing clients, and other constituents both inside and outside the bank.
Monitor the performance of existing borrowers and identify deviations from agreed upon performance covenants, raising credit concerns to the Relationship Manager to mitigate credit risk where appropriate.
Conduct financial analysis of the credit and collateral for new and existing borrowers, with emphasis on historical trend analysis and financial forecasting.
Test financial covenants and other risk assessments based on the Loan & Security Agreement as needed.
Utilize bank loan systems to input financial information, prepare financial analysis and produce comprehensive management reports/summaries as required.
Communicate with clients, Relationship Managers, and bank leadership to resolve loan issues or questions.
Assist RMs in the collection of covenant reporting information and payment collection; the ultimate responsibility for obtaining financial disclosure and loan payment lies with the RM, since they own the relationship.
Candidate must be comfortable working with AI based underwriting and analysis software.
What You Need
Bachelor's degree in Accounting, Finance, or Economics or equivalent experience.
At least 8 years of relevant banking experience.
Experience analyzing Fund and Sponsor Banking deals; ideal candidates will also have experience underwriting C&I credits.
Excellent communication skills, able to engage staff at all levels and with external contacts.
Strong multi‑tasking abilities in a fast‑paced environment, meeting tight deadlines.
A high regard for detail, ensuring accuracy and correcting errors promptly.
Analytical skills and resourcefulness for in-depth industry and market analyses, including financial statement analysis.
Ability to act independently and solve problems effectively.
Expert knowledge in Word, Excel, and PowerPoint.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Finance and Sales
Industries Banking
Salary: $102,000 – $190,000. Posted 2 weeks ago.
#J-18808-Ljbffr