FirstBank · 5 hours ago
COMMERCIAL CREDIT ANALYST II - WATERFORD
Miami, FL
Full-time
Onsite
Entry, Mid Level
2+ years expFirstBank Florida is seeking a Commercial Credit Analyst II to assist the Senior Credit Officer in credit analysis and underwriting for various loans. The role involves underwriting and analyzing loan packages, ensuring compliance with credit standards, and maintaining communication with loan officers and customers throughout the transaction process.
Banking
Responsibilities
Responsible for the underwriting and credit analysis of commercial real estate, multifamily and business loans to determine feasibility and credit risk of granting loans
Underwrite and analyze loan packages of bank (retail) programs by evaluating and reviewing loan application, corporate and personal financial statements, corporate and personal tax return, appraisal reports, environmental reports and other related loan information and supporting documentation
Assure that the loan package complies with credit, underwriting standards and lending/credit policies. Prepare and/or review the completion of credit approval memorandums (CAM’s), including credit analysis, collateral cash flow analysis, debt service coverage ratios, rent roll and lease analysis, purchase contract and loan special conditions to present to the representative approval authority committee
Maintain ongoing communication with the loan officer and customer to provide information on transaction status, clarify any discrepancies with the customers’ account or instructions; resolve problems, concerns/doubts
Present loan file to the loan officer, senior credit officer or lending authority for discussion and conclusion including the department recommendation to Management and/or Credit Committee. The underwriter must inform the Senior Credit Officer of any material risk factors, discrepancies or deviations discovered during the preparation and/or review of the CAM, its underwriting, credit analysis and due diligence
May assist Senior Credit Officer with loan policies and procedures, quality control matters, loan review and underwriting
Qualification
Required
Minimum two years' experience of banking/lending practices or related field
English/Spanish communication required due to high volume of Hispanic customers
Able to work flexible hours according to department needs during peak time
Company
FirstBank
Backed by a history spanning over 70 years, FirstBank is one of the soundest Puerto Rican Banks with branches, offices, and service centers throughout Puerto Rico, Virgin Islands, and Florida.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Donald Kafka
Chief Operating Officer
Juan Carlos Pavia
Executive Vice President, Chief Credit Officer
Recent News
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