01 October 2021
Credit Analyst

Job Title: Credit Analyst
Location: Doral, FL
Salary Range: $60k to $70k
Job Summary:
Focused on credit analysis and underwriting of the following loans: Multifamily, Commercial Real Estate and Commercial/ business loans. May assist with coordination of workflow related to requests for analysis as well as review other analysts work and onboarding.
Essential 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 the bank (retail) programs by evaluating and reviewing loan application
  • Spreading corporate and personal financial statements; corporate and personal tax returns
  • Analyze appraisals 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.
  • Prepares 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, for presentation to applicable approval authority committee.
  • Maintains continuous contact with loan officer and customer as needed to provide information on transaction status clarifies any discrepancy in customer account or instructions and resolves problems, concerns/ doubts.
  • Present the loan file to the manager for discussion and conclusion including the department recommendation to Management and/or credit committee. Inform of any material risk factor, discrepancy or deviation discovered during the preparation and/or review of the CAM, its underwriting, credit analyst and due diligence.
  • Assist with coordination of workflow related to requests for analysis
  • Review other analysts work
  • Onboarding of new hires.
Independence of Judgment:
Department has many deadlines that need to be met on weekly and monthly basis thus allowing little supervision. Position is mostly managed by the individual’s pace and time management. Reports must be completed by specified deadline.
Impact of Errors:
  • Disorganization of the Department.
  • Complaints from Clients/Investors.
  • Improper classification of assets.
  • Incorrect data presentation due to erroneous numbers.
Interpersonal Communication:
Position is customer service based internally.
Physical Demands, Education and Skills:
The physical demands described here are representative of those that must be met by the employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Strong knowledge of Microsoft Office Suite and proficient at typing.
  • Understanding of financial information and loan documentation.
  • Able to handle stress.
  • Flexible working hours.
  • Attention to details.
  • Specific vision abilities close and distance vision.
  • May require lifting and moving boxes or packages not exceeding 10 pounds weight.
  • Good communication skills.
  • Minimum of 5 years in banking environment and/or credit field.
 
Work Environment:
Employees in this job work in an office environment with a comfortable room temperature, good lighting, and quiet conditions. These employees are exposed to external elements when representing the corporation at external events and may be required to work extended hours, including holidays, should these coincide with company events.
 
 
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