Job Description

The Position

Our bank client is seeking to fill a Sr. Credit Analyst role in the East Brunswick, NJ market. The successful candidate will be responsible for performing clear and comprehensive credit analysis on commercial real estate loans including but not limited to multi-family, ground-up construction, construction-to-permanent, purchases, for-sale properties, and acquisitions for new and existing customers – based on historical numbers, projections, and Appraisals.

The position includes a generous salary of up to $85K along with an excellent benefits package. (This is not a remote position).

Sr. Credit Analyst responsibilities include:

• Assisting in the analysis/underwriting of credits for the commercial lending area, particularly those related to real estate lending of any type: residential developers, shopping centers, apartment complexes, etc.
• Spreading and reviewing Business and Personal Tax Return/Financial Statements in the Financial Spreading Program.
• Preparing Risk Rating forms in conjunction with the Presentations/Annual Reviews.
• Conducting financial analysis such as NOI, Cash flow, Debt Service Coverage, Loan to Values, Liquidity ratios, leverage, profitability, and loan covenants
• Formulating/presenting findings, evaluations, credit worthiness, and recommendations to Lenders, Senior Management, and Internal Loan Committees.
• Mentoring new hires with the internal processes.
• All other reasonable duties as assigned.

Requirements

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• Bachelor’s degree in accounting, credit, finance, or related field.
• Ten or more years of Banking and Financial industry experience specializing in Residential /Commercial Real Estate, Construction Underwriting, Financial Analysis, Management Reporting, and strong communication skills
• Ability to perform credit analyst functions including financial statement spreads and writing loan offering summaries.
• Good knowledge of commercial real estate and deal structures especially residential development construction.
• Ability to understand various business structures and related financial statements and tax returns.
• Ability to work effectively with lending officers to appropriately structure deals.
• Strong understanding of 3rd party reports such as Commercial / Residential Appraisals (including Absorption Analysis) Environmental Reports and Credit Bureau Reports.
• Very good oral and written communication techniques.
• Proficient in Microsoft Office Applications (Word, Excel, PowerPoint).

Benefits

The position includes a generous salary of up to $85K along with an excellent benefits package. (This is not a remote position).