Commercial Credit Analyst collects, reviews, and analyzes data to prepare a detailed credit analysis that evaluates the terms and creditworthiness of commercial loan applications. Uses multiple sources of information, including financial statements, collateral appraisals, credit scores, and cash flow analysis, to assign risk ratings to loans and complete an analysis of the applicant's financial status. Being a Commercial Credit Analyst calculates debt-to-income (DTI) ratios to evaluate an applicant's ability to repay the loan. Prepares credit memos in a standardized format that includes key ratios, supporting information, an executive summary, and objective recommendations. Additionally, Commercial Credit Analyst presents credit reports to loan officers and loan committees. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Description
Responsible for leading and managing a team of Underwriters and Credit Officers dedicated to underwriting, structuring, advising, and negotiating credit solutions for Middle Market and Business Banking clients.
Role will be domiciled in Newport Beach, CA or San Diego, CA.Client base is located throughout the Orange County, San Diego, and Inland Empire areas.
The Commercial Credit Manager will partner closely with sales and risk management colleagues to deliver balanced (risk versus reward) and market relevant client solutions that lead to long term client satisfaction, competitive advantage, and market share growth.
Key areas of accountability include market level loan and commercial credit revenue growth; strong asset quality; ensuring that credit approvals meet Bank policies and procedures;
and that work quality is accurate and risk focused.
Managerial Responsibilities :
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
Required Skills :
Minimum Education Requirement : Bachelor's Degree required with and Advanced Degree Preferred
Shift :
1st shift (United States of America)
Hours Per Week :
Last updated : 2024-03-05
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