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Senior Credit Analyst
Join a successful, community-oriented bank with an engaging, employee focused culture
Baltimore, MD
Job Description
SUMMARY:
Incumbent will report directly to the Senior Credit Officer and serve in a critical role ensuring ongoing credit quality of the institution. Independently oversees the underwriting process for all commercial real estate (CRE) loan inquires and transactions. Proactively participates in and leads several CRE portfolio management functions. Works closely with senior management to develop a strong credit culture.
ESSENTIAL FUNCTIONS:
CREDIT ANALYSIS -
PORTFOLIO MANAGMENT -
OTHER DEPARTMENT RESPONSIBILITIES -
KNOWLEDGE / SKILLS REQUIREMENTS
EDUCATIONAL / EXPERIENCE REQUIREMENTS
WORKING CONDITIONS / PHYSICAL REQUIREMENTS
List of essential functions is not necessarily exhaustive and may be supplemented, or otherwise revised by the employer, at its sole discretion.
We are an equal opportunity employer. Employment selection and related decisions are made without regard to race, color, religion, sex (including pregnancy), age, marital status, disability, national origin, veteran status, sexual orientation, gender identity, genetic information or any other protected class.
Rosedale Federal Savings & Loan Association is an Equal Opportunity Employer, including disabled and vets.
Incumbent will report directly to the Senior Credit Officer and serve in a critical role ensuring ongoing credit quality of the institution. Independently oversees the underwriting process for all commercial real estate (CRE) loan inquires and transactions. Proactively participates in and leads several CRE portfolio management functions. Works closely with senior management to develop a strong credit culture.
ESSENTIAL FUNCTIONS:
CREDIT ANALYSIS -
- Independently oversees the underwriting process for all commercial real estate (CRE) loan inquiries and transactions from initial credit assessment through credit approval.
- Assess credit worthiness and transaction viability for potential new transactions. Discuss results of initial financial review, underwriting guidelines, and institution specific credit standards with Commercial Loan Officers to support term sheet generation. Provide loan structure enhancements and protective loan covenants, as needed, during credit negotiations.
- Prepare accurate and thorough loan packages for Executive Loan Committee. Coordinate underwriting deadlines with Commercial Loan Officers and Commercial Loan Administrators by proactively monitoring the CRE loan pipeline and continuing communication. Ensure ongoing credit quality of the institution through comprehensive analysis, independent thinking, and commitment to detail.
- Preparation of loan packages includes:
- Underwriting Analysis - Analyze all pertinent financial data (tax returns, financial statements, developer’s schedule, etc.), calculate global cash flow with impact of new/proposed debt, sensitize operating projections under stress scenarios, and compare transaction ratios to industry standards.
- Collateral Analysis - Assess the quality of the collateral real estate, review leasing terms, rent rolls, renewal options and maturity dates, research real estate market conditions and trends, assess tenant mix, property marketability, and roll-over risk.
- Identify and document lending exceptions to the CRE Lending Policy.
- Prepare written presentation of underwriting and collateral analysis, summarize the transaction’s strengths and weaknesses, and provide credit recommendation.
- Provide underwriting and analytical support to Credit Analyst as needed.
PORTFOLIO MANAGMENT -
- Manage the internal loan review process. Oversee the collection of updated financial records, coordinate property site inspections, conduct financial reviews, and loan covenant testing. Ensure compliance with all related policies and requirements. Prepare reports for both internal and external department stakeholders.
- Execute ongoing reporting of the Bank’s CRE credit concentrations program. Prepare weekly and monthly concentration reports. Conduct quarterly market research and deep dive analysis for CRE retail and office concentrations. Prepare additional concentration analysis and reporting per request. Recognize new or emerging credit concentrations, as identified through quarterly market research and analysis.
- Assist with coordination of quarterly problem loan documentation. Provide initial review for documentation requirements and standards. Prepare problem loan reports for the Problem Loan and Credit Quality Committees.
- Serve as key contact for the annual external loan review. Responsible for addressing all information requests, organizing responses to findings and loan review concerns, and administrative scheduling needs.
OTHER DEPARTMENT RESPONSIBILITIES -
- Maintain key credit support systems (e.g., Sageworks, CoStar, Cognos, Synergy etc.). Ensure full utilization of these systems (e.g., automation, reporting, etc.). Develop user procedures and processes to ensure data integrity.
- For purposes of compliance with the Bank’s vendor management program, serve as the vendor owner for all 3rd party vendors used/assigned to the department. Responsibilities include annual monitoring of vendor contract, vendor service as well as other vendor management due diligence requirements established by the Bank’s Vendor Management Policy.
- Responsible for adhering to all Bank policies and procedures to ensure accuracy and compliance.
KNOWLEDGE / SKILLS REQUIREMENTS
- Fundamental knowledge of commercial real estate lending, credit analysis, and negotiation skills
- Understanding of banking laws and lending regulations
- Understanding of commercial real estate appraisal methodologies
- Excellent financial analytical skills with sound judgment and decision making abilities
- Excellent verbal and written communication skills
- Medium to advanced Microsoft Office Skills; advanced excel skills preferred
EDUCATIONAL / EXPERIENCE REQUIREMENTS
- 3+ years of experience analyzing and underwriting commercial real estate transactions
- Bachelor’s Degree in finance, business administration, real estate finance or related field preferred
- Formal credit training preferred
WORKING CONDITIONS / PHYSICAL REQUIREMENTS
- Must be able to remain in a stationary position for long periods of time (50%-75% of the time).
- The person in this position needs to occasionally move about inside the office to access file cabinets, office machinery, etc.
- Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.
List of essential functions is not necessarily exhaustive and may be supplemented, or otherwise revised by the employer, at its sole discretion.
We are an equal opportunity employer. Employment selection and related decisions are made without regard to race, color, religion, sex (including pregnancy), age, marital status, disability, national origin, veteran status, sexual orientation, gender identity, genetic information or any other protected class.
Rosedale Federal Savings & Loan Association is an Equal Opportunity Employer, including disabled and vets.
Job Summary
Start Date
Immediately
Employment Term and Type
Regular, Full Time
Salary and Benefits
Eligible to participate in all benefits offered to Rosedale Federal employees to include Medical, Dental, Vision, and 401(k) programs.
Required Education
High School or Equivalent
Required Experience
3+ years
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