Credit Analyst III - Global Wealth & Investment Management

Job Title:

Credit Analyst III

The Credit Analyst III proactively manages the credit risk of a portfolio by serving as a first line of defense in recognizing deteriorating financial trends via scheduled covenant testing. The role involves monitoring client compliance with reporting requirements and financial covenants, setting up financial reporting and covenant requirements after loan closings, and supporting the timely resolution of failed covenants.

Internal employees who are currently working from home remain eligible to apply. Selected candidates may be required to work onsite in accordance with the workplace excellence policy.

• Drive effective and efficient monitoring of client portfolios, including managing internal reporting and timely, accurate covenant testing.
• Create and maintain value-driven relationships with members of the client team and internal business partners to achieve objectives and resolve issues promptly.
• Ensure accurate monitoring of loan document requirements and covenants through Credit Taker Setups and Verifies in GMS.
• Complete all required financial covenant testing within 30 days of document receipt.
• Provide early warning of deterioration in client financial profiles to the client team.
• Participate in the resolution of covenant failures.
• Pull financial reporting and covenant requirements out of loan documentation and set them up in GMS.
• Actively manage a GMS queue of client relationships requiring financial covenant compliance testing within established time frames.
• Improve the operating environment by escalating process gaps and highlighting opportunities for improvement at an Enterprise or GWIM Credit level.
• Manage multiple tasks simultaneously and adjust workload to meet deadlines.

• 3+ years of credit analysis or a closely related credit risk role, including financial covenant testing.
• Ability to interpret and apply Commercial credit agreement terminology and concepts.
• 2+ years of credit analysis experience with Commercial credit policies and procedures.
• Proficient in interpreting various Commercial loan documents, including credit agreements and amendments, and setting up financial reporting and covenant requirements in systems such as GMS.
• Experience managing compliance workflows and covenant breaches in a timely fashion and mitigating covenant risk.
• Strong working knowledge of commercial loan structures and financial statement analysis, including personal financial statements, brokerage statements, rent rolls, and NOI statements; ability to identify and escalate early signs of credit deterioration within the Commercial credit structure.
• Working proficiency with Commercial loans, collateral, client data, and workflow systems along with SharePoint and Adobe Acrobat.

• Bachelor’s degree in Accounting, Finance or equivalent experience.
• System knowledge of LIQ, PACE, GMS, GUS, EDR, Genesis, Image Trust, Navigator, SharePoint, KYC, Adobe Acrobat.

• Attention to Detail
• Client Management
• Decision Making
• Underwriting
• Credit Documentation Requirements
• Critical Thinking
• Portfolio Management
• Problem Solving
• Written Communications
• Financial Analysis
• Negotiation

Shift: 1st shift (United States of America)

Hours Per Week: 40