Five Rivers Bank · 9 hours ago
Credit Analyst
Paramus, NJ
Full-time
Onsite
Senior Level
$70K/yr - $85K/yr
5+ years expFive Rivers Bank is a De Novo Community Bank in Northern New Jersey that is growing. They are seeking an experienced Commercial Credit Analyst to join their dynamic team, responsible for analyzing credit information and assessing the creditworthiness of borrowers.
Banking
Responsibilities
Develop and analyze credit information for the Bank’s loan officers and credit committees to decide credit requests
Analyze financial data, assess underlying credit risk, and determine the overall creditworthiness of borrowers
Prepare and analyze cash flows and project economics, detailed property descriptions and market analysis, tenancy analysis, property valuations, construction budget analysis with sources and uses, guarantor/sponsor personal financial statements and cash flows, and real estate holdings analysis
Gather information, analyze borrower data, spread financial statements and tax returns, and perform industry peer analysis and comparisons
Recommend the appropriate risk rating based on credit analysis
Engage with Borrowers, their advisors, and the relevant Bank officers as needed during the credit process
Provide ongoing monitoring of the loan portfolio through the annual reviews, renewals of existing credit facilities, and monitoring of financial reporting and covenant compliance
Work closely with Loan Officers and the Chief Lending Officer in structuring loans
Maintain an excellent working knowledge of the Bank’s policies, loan programs, and real estate markets
Qualification
Required
Bachelor's degree in Business, Finance, or Accounting
At least 5 years of prior experience as a Commercial Credit Analyst in a Bank
Formally trained as a credit analyst or at least 5 years of commercial real estate and/or C&I underwriting experience
Working knowledge and understanding of CRE and C&I loan products, policies, procedures, and federal regulations
Strong aptitude for figures and accuracy
Proven problem-solving, decision-making, underwriting, and analytical skills
Demonstrated knowledge of applied accounting and finance concepts and proficiency in performing detailed financial analyses
Ability to work independently, effectively, and efficiently under time constraints
Ability to prioritize and manage multiple assignments with good organizational and time management skills
Excellent written and verbal communication skills
Demonstrated proficiency with computer software, including MS Office applications and other specialized credit analysis and lending software
Company
Five Rivers Bank
As New Jersey’s newest community bank, relationships are at the heart of everything we do.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase