Junior Commercial Credit Analyst- Underwriter

01/12/2023
Jericho, NY
Full Time
BS
Finance

Job Description

SUMMARY
Responsible for supporting the underwriting of commercial loan relationships, primarily to attorneys practicing in personal injury litigation, which is the primary market served. Day-to-day job function will communicate with existing clients to gather required materials to prepare an analysis supporting the borrower’s credit requests. This will involve gathering, spreading, and analyzing personal and business tax returns and credit reports, personal financial statements, and searches of UCC filings, liens and judgements.

RESPONSIBILITIES:
• Plan and manage your time such that loan originations are completed within required times frames.
• Build relationships with the owners and principal managers of the law firms.
• Review commitment letters and loan documentation to ensure compliance with the stated terms of approval / renewal.
• Communicate effectively with various teams within the Bank.
• Create and maintain neat, well-organized credit and legal files.
• Ensure that client information is up to date.
• Obtain and verify sources of liquidity via asset documentation.
• Participate in bank-wide and departmental projects as requested.
• Ensure regulatory compliance and adequate risk management.

QUALIFICATIONS
• Bachelor degree in finance, accounting, or economics. Recent college graduates with a course work in finance, accounting, or economics are encouraged to apply.
• Commercial credit analysts with less than two years of experience.
• Knowledge of general accounting principles.
• Ability to learn basics of reviewing personal and business tax returns and financial statements.
• Proficiency in Excel and Word (Intermediate Level).
• Excellent written and verbal communication skills.
• Superior organizational skills and attention to detail
• Team player with positive attitude and intellectual curiosity.
• Dedicated work ethic, self-starter, and leadership abilities
• Process oriented when approaching key job responsibilities.

Additional Details

Experience: 0-2 years