Credit Analysis Manager jobs in Trenton, NJ

Credit Analysis Manager develops and implements procedures for analyzing the creditworthiness of prospective and current customers. Manages a group of credit analysts and approves requests for credit extensions based on analyst recommendations. Being a Credit Analysis Manager may personally handle larger/more complex accounts. Requires a bachelor's degree. Additionally, Credit Analysis Manager typically reports to a head of a unit/department. The Credit Analysis Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Credit Analysis Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

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Credit Manager
  • Penn Community Bank
  • Bristol, PA OTHER
  • Overview

    Perform accurate and efficient detailed analysis of the most complex commercial credits.  Accountable for the consistent application of credit policy, credit quality, and management of the Credit Administration workflow (pipeline). The Credit Manager will provide exceptional credit support to the Commercial Lending team and may lead a team of assigned Credit Analysts. The Credit Manager will have Credit Approval authority as granted by Penn Community Bank Lending Policy.

    Responsibilities

    Essential Functions

    The following is a list of essential functions, which may be subject to change at any time and without advance notice. Management may assign new duties, reassign existing duties, or eliminate a function.

    • Manage assigned team of Credit Analyst to support credit requests in conformity with the bank’s policies and service level agreements, and to ensure the highest level of service.
    • Ongoing development and training of Credit Portfolio Managers and Credit Analysts, including the onboarding and training of new Bank employees
    • Review work of others to ensure relevant, concise and accurate analysis.
    • Organize and lead regular team meetings with analysts, lenders and loan administrators.
    • Manage and assign departmental workflows to ensure the timely and accurate processing of new loan requests, reviews, renewals, and other underwriting requests.
    • Work with Credit Officer and CCO to ensure consistent and accurate credit analysis, including:
      • Prepare financial statement spreads and perform comprehensive analysis of repayment sources
      • Evaluate individual personal financial statements, tax returns, and prepare global cash flows
      • Verify compliance with credit policy, applicable regulations and lending procedures 
      • Conduct industry and market analysis to identify risks and risk mitigating factors
    • Prepare and review analyses of complex loan requests and conduct a final assessment of the financial analyses and presentations before review and approval.
    • Work with lenders to meet Service Level Agreements and respond to customer requests.
    • Special projects as assigned, including working with CCO and providing support to the Special Assets Group in managing the workout portfolio to help ensure maximum recovery in workout situations.
    • When appropriate, recommend actions such as approval, structural change, or decline.
    • Credit Approval Authority as may be granted by Lending Policy

    Compliance

    • Comply with all applicable regulations and Bank policies regarding employment and employment law.
    • Participate in annual compliance and other job-related training.
    • Comply with applicable bank regulations, Bank policies and procedures.
    • Comply with Bank’s internal privacy and ethics standards.

    Relationships and Contacts

    Internal: Daily contact with credit analysts, commercial lenders, CCO, CLO and loan administrative assistants; Frequent contact with special assets group as assigned.

    External: Frequent contact with borrowers, accountants and loan review.

    Qualifications

    Education and Experience

    • BA or BS in Accounting, Finance, Economics or related field required
    • Minimum of 5 years’ experience in credit analysis, lending, portfolio management, risk review, or credit management; or an equivalent combination of education and experience is required.
    • Minimum 2 years’ experience training/mentoring other credit analysts preferred

     

    Skills and Competencies

    • Extensive experience in analyzing complex financial statements and tax returns.
    • Comprehensive knowledge of commercial banking, regulations, loan structure, and risk mitigation.
    • Extensive knowledge of collateral valuation methods and other repayment sources
    • Exceptional verbal and written communication skills.
    • Thorough knowledge of credit-related laws and best practices
    • In-depth knowledge of the Bank’s credit policy, products and services
    • Proficiency with Microsoft Office and an ability to quickly master bank’s technology and systems.
    • Good time management skills and the ability to multi-task and prioritize assignments
    • Ability to remain calm and efficient under pressure in order to meet job requirements and deadlines
    • Strong problem-solving and analytical skills
    • Ability to communicate professionally both verbally and in writing
    • Ability to supervise and manage Team Members effectively
  • 1 Month Ago

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Financial Planning & Analysis Manager
  • Longchamp USA Inc
  • Robbinsville, NJ FULL_TIME
  • DescriptionFinancial Planning & Analysis Manager - La Maison LongchampLa Maison Longchamp:Based in Paris, Longchamp stands as an optimistic and independent family business with an international reputa...
  • 8 Days Ago

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Manager - Credit Entitlement
  • Clearway Energy
  • Princeton, NJ FULL_TIME
  • What The Role Is This newly established position will preside over the management and verification function for Clearway to claim tax credits under the Inflation Reduction Act ("IRA"). Specifically, t...
  • 12 Days Ago

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Credit and Collections Manager
  • Healthcare Services Group, Inc.
  • Bensalem, PA OTHER
  • Additional Information Position Title: Credit and Collections Manager (Financial Service Manager) Department: Financial Services/ Revenue Reports To: Senior VP of Financial Services Status: Exempt/ Fu...
  • 2 Months Ago

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Senior Manager, Financial Planning & Analysis
  • Otsuka Pharmaceuticals, Inc
  • Princeton, NJ FULL_TIME
  • Job DescriptionCoordinate and develop annual budget, latest forecasts, and long-range plan for each asset and for all P&L line itemsAct as the finance partner for the business area and provide all nec...
  • 3 Days Ago

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Indirect Relationship Manager
  • CREDIT UNION OF NJ A FEDERAL CREDIT UNION
  • Ewing, NJ FULL_TIME
  • Why Work for Us At Credit Union of New Jersey, you'll find a member-centric culture built around helping our members and giving back to our community. When you join our team, you are part of a support...
  • 13 Days Ago

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0 Credit Analysis Manager jobs found in Trenton, NJ area

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Internal Revenue Agent / Senior Revenue Agent (Examiner)-12 Month Roster AMENDED
  • Department Of The Treasury
  • Trenton, NJ
  • Duties WHAT IS THE LARGE BUSINESS AND INTERNATIONAL DIVISION? A description of the business units can be found at: https...
  • 3/19/2024 12:00:00 AM

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Internal Revenue Agent - 12 Month Roster
  • Department Of The Treasury
  • Trenton, NJ
  • Duties WHAT IS THE LARGE BUSINESS AND INTERNATIONAL(LB&I)DIVISION? A description of the business units can be found at: ...
  • 3/18/2024 12:00:00 AM

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Internal Revenue Agent (Examiner-Joint Committee Specialist) 12 MONTH ROSTER 'AMENDED'
  • Department Of The Treasury
  • Trenton, NJ
  • Duties WHAT IS THE LARGE BUSINESS & INTERNATIONAL (LB&I)DIVISION? A description of the business units can be found at: h...
  • 3/17/2024 12:00:00 AM

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Internal Revenue Agent (Reviewer - Examiner) 12 MONTH ROSTER - AMENDED
  • Department Of The Treasury
  • Trenton, NJ
  • Duties WHAT IS THE WHISTLEBLOWER OFFICE (WBO) DIVISION? A description of the business units can be found at: https://www...
  • 3/17/2024 12:00:00 AM

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Internal Revenue Agent (Examiner) 12 MONTH ROSTER (AMENDED)
  • Department Of The Treasury
  • Trenton, NJ
  • Duties WHAT IS THE LARGE BUSINESS & INTERNATIONAL (LB&I) DIVISION? A description of the business units can be found at: ...
  • 3/17/2024 12:00:00 AM

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Internal Revenue Agent (Special Enforcement Program - Examiner) 12 MONTH ROSTER (Amended)
  • Department Of The Treasury
  • Trenton, NJ
  • Duties WHAT IS THE SMALL BUSINESS/SELF EMPLOYED (SBSE) DIVISION? A description of the business units can be found at: ht...
  • 3/17/2024 12:00:00 AM

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Internal Revenue Agent (Examiner) 12 MONTH ROSTER AMENDED
  • Department Of The Treasury
  • Trenton, NJ
  • Duties WHAT IS THE LARGE BUSINESS & INTERNATIONAL (LB&I)DIVISION? A description of the business units can be found at: h...
  • 3/17/2024 12:00:00 AM

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Supervisory Internal Revenue Agent (12 month roster) AMENDED
  • Department Of The Treasury
  • Trenton, NJ
  • Duties WHAT IS THE LBI - LARGE BUSINESS AND INTERNATIONAL DIVISION? A description of the business units can be found at:...
  • 3/17/2024 12:00:00 AM

According to the United States Census Bureau, the city had a total area of 8.155 square miles (21.122 km2), including 7.648 square miles (19.809 km2) of land and 0.507 square mile (1.313 km2) of water (6.21%). Several bridges across the Delaware River – the Trenton–Morrisville Toll Bridge, Lower Trenton Bridge and Calhoun Street Bridge – connect Trenton to Morrisville, Pennsylvania, all of which are operated by the Delaware River Joint Toll Bridge Commission. Trenton is located near the exact geographic center of the state, which is 5 miles (8.0 km) located southeast of Trenton. The city is so...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit Analysis Manager jobs
$117,233 to $170,867
Trenton, New Jersey area prices
were up 1.5% from a year ago

Credit Analysis Manager in Fayetteville, AR
Because credit analysis managers can designate borrowers as high or low-risk, they can have a significant impact on individuals’ purchasing power.
December 12, 2019
Credit Analysis Manager in Winston Salem, NC
This analysis can also be used to estimate whether the credit rating of a bond issuer is about to change, which could present an opportunity to profit from speculating in ownership of the bonds.
November 29, 2019
Credit Analysis Manager in Rock Hill, SC
Credit analysis also includes an examination of collateral and other sources of repayment as well as credit history and management ability.
February 21, 2020