Credit Analyst CRE

USD $28.00/Hr.
USD $43.27/Hr.

The Credit Analyst is responsible for providing due diligence and analytical support to the Relationship Officer and Relationship Manager, Director and Division Manager of the Commercial Real Estate (CRE) Division. The Credit Analyst gathers and analyzes credit information on current and potential borrowers and income‑producing properties, determines the advisability of granting credit for diversified types of loans, assists in writing loan requests, promotes business for the Bank by maintaining good client relations and referring clients for new services.

WaFd Bank is proud of the high value we place on simply being kind when serving our co‑workers and clients.

• Assists Relationship Officers, Relationship Managers and Directors in performing pre‑qualification assessment and analysis of financial condition and risk of financing requests within the framework of the Bank's credit culture and current economic and industry trends.
• Assists in gathering data from clients and internal and outside sources; prepares spreadsheets and analyzes financial information, including financial statements and tax returns; contacts clients for additional information and clarification of data.
• Compiles data from credit bureaus, conducts industry peer comparisons and performs cash flow analyses and other tasks and comparisons.
• Informs relevant parties when up‑to‑date financial statements are needed for commercial accounts; ensures credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
• Works with officers, managers and directors to ensure portfolio management responsibilities are documented and maintained in accordance with management expectations.
• Assists in the review, initial approval and renewal of credit facilities and provides back‑up support; may take primary responsibility for certain credit actions (approvals, renewals) per guidance.
• Develops knowledge of relevant industries and economic conditions (interest rates, asset values, competition, market conditions, etc.) that impose risk to the client base.
• Represents the Bank in community, civic and community reinvestment functions to enhance the Bank's image and develop additional business.
• Reinforces superior client service through example and appropriate follow‑through.
• Treats people with respect, keeps commitments, inspires trust, works ethically and with integrity, upholds values, accepts responsibility for own actions.
• Ensures compliance with all Bank policies, procedures, processes and applicable state and federal banking laws, rules and regulations; adheres to Bank Secrecy Act (BSA) responsibilities specific to the position.
• Adheres to bank policies and procedures designed to comply with Federal regulations, including the BSA, USA Patriot Act and OFAC regulations.
• Completes administrative tasks correctly and on time; supports the Bank's goals and values.

• Bachelor's Degree or approved equivalent combination of education and experience. Work‑related experience should consist of commercial financial analysis or lending background. Educational experience may include in‑house training, formal business school or financial industry related curriculum.
• Preferred two to three years' experience in financial and/or credit analysis or related areas.
• Experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
• Strong knowledge of commercial, construction and real estate credit analysis.
• Ability to analyze and interpret general business periodicals, professional journals and technical procedures.
• Ability to effectively present information and respond to questions from diverse groups, including managers, customers and members of the general public.
• Proficient in Microsoft Office suite (Word, Excel and PowerPoint).
• Strong typing skills to meet production needs of the position.
• Strong math skills.
• Effective verbal, written and interpersonal communication skills; ability to write reports and correspondence…