Senior Credit Analyst

Overview

The Credit Analyst plays a key role in the MFRBL underwriting process, as they are responsible for reviewing financial information for the borrower (the subject property) and the guarantors that support the loan that is being proposed. They then outline any missing information, additional context needed on any financial components, and then draft a loan presentation, jointly with the associated Loan Officer that sourced the loan, that accurately depicts the cash flow of the property and the guarantors, and disclose any credit concerns that might arise.

They will also include an independent recommendation (approve or decline) for the proposed loan. A strong analytical mind, and ability to draft meaningful context to the numbers and data being presented, is vital for the role. They will perform a similar process for the entire loan portfolio, as periodic reviews of each loan file is needed.

Prepare Loan Presentations (New Loans) and Annual/Periodic Reviews (Existing Loans)

• Ensure that the loan (new or existing) complies with all MFRBL loan policy guidelines.
• Analyze the financial statements for the subject property or properties as well as any owners and guarantors to independently confirm the strengths and weaknesses of the loan separately from the MFRBL Loan Officer’s analysis.
• Validate the assigned risk rating per the MFRBL risk rating matrix.
• Use critical thinking and analysis to produce a thorough loan presentation relied upon by different approving authorities, per the MFRBL loan policy.
• Prepare a thorough and concise loan presentation, annual/periodic review, or credit memo to document findings and recommendations for approval.
• Analyze business financial statements and create cash flow models to support new and existing commercial loans, renewal requests, and amendments.
• Provide meaningful context to financial data to help readers understand the financial condition and credit risks associated with the proposed loan.
• Consistently identify credit and operational risk and suggest mitigating factors when needed.
• Clearly and concisely explain key issues and confirm appropriate loan structures within the loan presentation.
• Prepare Watch List memos for loans experiencing credit issues and needing extra monitoring.
• Track and meet deadlines for loan presentations and annual/periodic reviews.
• Prepare credit denial letters and forward to Senior Credit Analyst for second review.
• Communicate verbally and in writing with borrowers and guarantors to collect financial documents and obtain answers to underwriting questions.
• May join the MFRBL Loan Officer during meetings or phone calls with borrowers and members.
• Focus on attention to detail, adherence to loan policy guidelines, and meeting deadlines for completion of reviews and presentations.
• Primarily underwrite annual/periodic reviews and basic to moderate complexity new loan requests.
• May have low to moderate interaction with borrowers and guarantors while performing analysis.

Ad Hoc Financial Analysis or Research

• Assist lending staff in performing property-specific research, pre-qualification assessment, completing preliminary financial spreads, and initial analysis of financial condition within the framework of MFRBL Loan Policy.
• May perform site visits for new loan requests or for existing loans.
• Perform research on real estate metrics and data using a commercial real estate database.
• Assist with any research or projects as requested.

Other Duties / Internal Support

• Assist with department report generation (monthly, quarterly, annually) or other miscellaneous loan portfolio monitoring activities.
• Prepare credit committee materials and agenda, attend credit committee meetings, and draft credit committee meeting minutes.
• Interact with…