Credit Analyst III – GWIM Credit Loan Monitoring

Role Overview

• Proactively manages the credit risk of a portfolio by serving as a first line of defense in recognizing deteriorating financial trends via scheduled covenant testing.
• Responsible for monitoring GWIM client compliance with reporting requirements and financial covenants.
• Responsible for the setup of financial reporting and covenant requirements following a loan closing and for the subsequent testing of financial covenants within a given market.
• Help support the timely resolution of failed covenants by advising the credit team on covenant trends or specific details on the cause of the covenant failure.
• Drive effective and efficient monitoring of client portfolios, including management of internal reporting and timely, accurate covenant testing.
• Create and maintain value-driven relationships with members of the client team and internal business partners in order to achieve objectives and resolve issues in timely manner.
• Ensure accurate monitoring of loan document requirements and covenants through Credit Taker Setups and Verifies in GMS.
• Complete all required financial covenant testing within 30 days of document receipt.
• Provide early warning of deterioration in client financial profile to client team.
• Participate in resolution of covenant failures.
• Pull financial reporting and covenant requirements out of loan documentation and setup in GMS
• Actively manage a GMS queue of client relationships requiring financial covenant compliance testing within established timeframes.
• Improve the operating environment through escalation of process gaps and highlighting opportunities for improvement at an Enterprise or GWIM Credit level.
• Manage multiple tasks simultaneously and adjust workload to meet deadlines.

Requirements

• 3 + yrs of credit analysis or a closely related credit risk role, including financial covenant testing and ability to interpret and apply Commercial credit agreement terminology and concepts.
• 2+ years of credit analysis experience with Commercial credit policies and procedures
• Proficient in interpreting various Commercial loan documents including credit agreement and amendments, setting up financial reporting and covenant requirements in systems such as GMS.
• Experienced in managing compliance workflows and covenant breaches in a timely fashion and mitigating covenant risk.
• Strong working knowledge of commercial loan structures and financial statement analysis, including personal financial statements, brokerage statements, rent rolls, and NOI statements; ability to identify and escalate early signs of credit deterioration, within the Commercial credit structure.
• Working proficiency with Commercial loans, collateral, client data and workflow systems along with SharePoint, and Adobe Acrobat.

Benefits

• Health insurance
• 401(k) matching
• Paid time off
• Flexible working arrangements
• Professional development opportunities