Commercial Real Estate Credit Analyst

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This role has multiple levels, open to candidates with more than 6 months of experience in a finance/analytical related role. The successful candidate will be hired for the level of the position that aligns with their experience. Please note that the salary range provided corresponds to the lowest level of the position posted.

The Commercial Real Estate Credit Analyst supports Relationship Managers and Portfolio Managers in the underwriting, credit monitoring, and ongoing management of a diverse portfolio of commercial real estate relationships. This role is responsible for performing detailed financial and credit analysis, supporting credit approval requests, monitoring portfolio risk, and ensuring compliance with bank credit policies and underwriting standards.

The analyst plays a key role in assessing credit risk and maintaining the overall credit quality of a complex CRE portfolio. The position sits within the Commercial Real Estate (CRE) group covering a broad platform that includes institutional-size CRE, middle market, and other CRE segments. The team underwrites all major commercial property types (excluding single-family homes), including multifamily, office, industrial, retail, data centers, self-storage, hospitality, and life science properties.

Key Responsibilities

Portfolio Management & Credit Monitoring

• Support Relationship Managers and Portfolio Managers in managing an assigned portfolio of commercial real estate client relationships
• Perform accurate and consistent spreading of borrower financial statements in accordance with bank standards and credit policies
• Prepare quarterly trend analyses, monitoring reports, and covenant compliance testing
• Maintain compliance monitoring and financial reporting databases, including tracking credit agreement requirements, borrower financial receipt, and key credit metrics
• Participate in quarterly portfolio reviews, including analysis of operating statements, rent rolls, and risk assessments for approximately 15-20 loans
• Proactively identify and communicate emerging risks, mitigants, and other issues at the transaction and portfolio level

Underwriting & Credit Analysis

• Analyze borrower financials, property cash flows, collateral valuation, sponsor strength, covenant sensitivities, and market conditions
• Prepare clear, comprehensive written credit analyses and supporting documentation
• Support Portfolio Managers in preparing, underwriting, and presenting credit requests for approval
• Execute straightforward credit requests for existing clients with limited supervision
• Assist with annual company-wide credit reviews for clients with multiple property holdings, including analysis beyond bank-financed properties

Transaction & Deal Support

• Support both existing property transactions (including refinancings) and ground-up construction projects, including budget monitoring and monthly construction draw reviews through project completion
• Assist with new deal originations, evaluating opportunities with typical transaction sizes of $50MM-$100MM.
• Participate in the preparation and negotiation of term sheets, as applicable

Collaboration & Communication

• Collaborate effectively with Credit Approvers and internal risk partners
• Participate in client bank meetings, as needed, to support underwriting, portfolio management, and risk discussions
• Serve as a reliable first line of credit analysis, escalating issues appropriately

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• More than 6 months of experience in a finance/analytical related role

Preferred Skills/Experience

• Background in commercial real estate, finance,…