Incumbent will provide analytical support to the Credit and Commercial Lending Departments to ensure ongoing credit quality of the institution and support portfolio monitoring initiatives. Deliver financial analysis support to the Sr. Credit Officer, Sr. Credit Analyst, and Commercial Loan Officers when analyzing and underwriting commercial real estate (CRE) loan inquires and transactions. Conduct ongoing CRE market research efforts for general market trends and specific property marketability. Assist Sr. Credit Analyst with ongoing CRE portfolio monitoring. Utilize and develop comprehensive analysis, independent thinking, and commitment to detail job skills.
Provide analytical support to assess credit worthiness and transaction viability for potential new transactions.
Support the development/creation of loan summary packages for Executive Loan Committee approval
Loan summary 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.
Perform initial financial review and analysis for loan modifications, extensions, and renewals, and prepare loan memorandums on an as needed basis.
Support the Sr. Credit Analyst and the internal loan review process. Aid in the collection of updated financial records, coordination of property site inspections, financial review, and loan covenant testing.
Utilizes key credit support systems (e.g., Sageworks, CoStar, Synergy, etc.). Ensure data integrity.
Responsible for adhering to all Bank policies and procedures to ensure accuracy and compliance.
KNOWLEDGE / SKILLS REQUIREMENTS
Basic knowledge of commercial real estate and financial analysis
Excellent analytical skills
Excellent verbal and written communication skills
Medium to advanced Microsoft Office Skills; advanced excel skills preferred
EDUCATIONAL / EXPERIENCE REQUIREMENTS
High school diploma or equivalent. Associates Degree or some college coursework in business, real estate finance or accounting a plus
1-3 years of experience in Commercial Real Estate or Degree/Academic Concentration in Commercial Real Estate; college coursework in a related field may be substituted
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.
Rosedale Federal Savings & Loan Association is an Equal Opportunity Employer, including disabled and vets.