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Provident Bank · 5 hours ago

Commercial Credit Analyst Opportunities throughout New York

Manhasset, NY

Full-time

Onsite

Mid, Senior Level

$51K/yr - $105K/yr

3+ years exp

Provident Bank is a highly regarded financial institution with deep roots in the community. They are seeking a Credit Analyst responsible for detailed research and credit analysis of complex credit requests in Commercial Credit Underwriting, assisting Commercial Loan Officers, and leading training for less experienced staff.

Financial Services

Responsibilities

Prepare loan approvals, annual reviews and conduct and credit analysis for new requests, in addition to modifications and short-term extension of existing loans

Accompany Commercial Loan Officers on customer and prospect calls. Participate in discussions with management regarding creditworthiness of proposed loan requests

Conduct third party research, inclusive of industry reports, personal credit reports, real estate analysis with market assessments, etc

Prepares reports and handles special assignments

Assists in 3rd party vendor management responsibilities

Subject to business needs may have supervisory and mentorship responsibilities for junior Credit Analysts

Qualification

Credit analysisUnderwritingCommercial loan structureRegulatory guidanceAnalytical skillsCommercial real estate lendingLoan origination softwareAccounting practicesVendor managementMBACredit Risk certificationCommunication skillsProject management

Required

Bachelor's degree in finance, Accounting or Economics

Formal credit training or higher banking education (i.e. Graduate School of Banking, Stonier, etc)

3-10 years of experience in Commercial Banking

Thorough knowledge of underwriting, credit analysis, commercial loan structure, and regulatory guidance

Strong analytical skills with ability to identify strengths and mitigate risks

Strong knowledge of commercial real estate lending, inclusive of investment, owner-occupied and some construction

Proficient in Commercial & Industrial lending including debt service coverage, cash flow, A/R and A/P, WIP, Borrowing Base Certificates, and construction budgets

Strong computer skills, inclusive of experience with loan origination software and MS Office applications (specifically MS Word and Excel)

Strong verbal and written communication

Ability to prioritize multiple projects and complete them on time

Ability to conduct meetings, meet with customers, effectively present information and respond to questions from peers, auditors and various levels of management

Strong comprehension of accounting practices, inclusive of balance sheets, income statements, equity reconciliation, and cash flows

Under some supervision, ability to correspond, manage, and in certain cases negotiate with 3rd party vendors