Credit Analyst II – Asset Based Lending

Role Overview

• Partner with Portfolio Managers in credit and underwriting, performing analytical tasks as needed
• Use critical thinking to identify and draft documentation
• Regularly complete indicative credit information into Banking Systems with little to no errors
• Prepare risk-rating scorecard and tickler event analysis and determine actions based on results in collaboration with PM's
• Develop risk models and advise PMs of unforeseen obstacles that may impede meeting client expectations
• Identify and determine monitoring analysis activities required
• Verify covenants and define updates needed on ticklers
• Monitor covenant completion and track past due or out of compliance covenants and recommend appropriate course of action
• Assess covenant compliance reporting and identify issues
• Review covenant compliance certificates to understand performance and determine actions
• Update financial covenants and calculations as needed
• Run Probability of Default (PD) model with oversight
• Understand and evaluate completed spreads to determine necessary edits in collaboration with the CCU team
• Identify and recommend preliminary portfolio management actions using Credit Service reporting and RADAR with some oversight
• Prepare ALSR reports with oversight
• Run risk and projection models with oversight assumptions provided
• Complete underwriting process with limited oversight
• Create and complete a CAM with little to no errors
• Review and re-write renewals for deals of limited complexity
• Responsible for portfolio analysis and development for Portfolio Reviews in preparation for client meetings
• Support Portfolio Managers and special projects
• Take appropriate remedial actions to resolve deficiencies and escalate questions/disputes to appropriate level when necessary
• May assist with training of new employees
• May work on special projects as assigned by management.

Requirements

• Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
• 2+ years of Commercial Banking/Credit experience, ideally including Asset Based Lending (ABL)
• Sound financial and risk analysis understanding, including the ability to develop financial models
• Extensive knowledge of banking products and services
• Knowledge of corporate business structure and legal documents
• General knowledge of U.S. government and regulations
• Knowledge of the local or regional market preferred, but not required
• Proficiency in internal banking applications
• Strong verbal and written communication skills
• Demonstrated expertise in using effective problem-solving and analytical skills with ability to handle and prioritize multiple tasks
• Proficient in all Microsoft Office software.

Benefits

• Comprehensive benefits
• Differentiated compensation offerings