Underwrite complex commercial, commercial real estate, and consumer credit requests; analyze financial statements, tax returns, cash flow, collateral, and repayment capacity; prepare credit approval memoranda; monitor covenants and emerging risks; recommend loan structures; maintain compliance and credit files; collaborate with lending and servicing teams; and mentor junior credit professionals.
Park Avenue Group, a division of Angott Search Group, is pleased to partner with a respected financial institution in the search for a Senior Commercial Credit Analyst. This position will play a critical role in evaluating and underwriting complex commercial, commercial real estate, and other credit requests while providing lenders and senior leadership with thoughtful, well-supported credit analysis.
The Senior Commercial Credit Analyst will work closely with lending and credit teams, independently managing complex transactions and serving as a trusted resource throughout the underwriting and portfolio management process.
What You'll Do:
- Underwrite new commercial, commercial real estate, and consumer credit requests, including renewals, modifications, annual reviews, and loan increases.
- Prepare comprehensive credit approval memoranda outlining borrower and guarantor background, loan purpose, sources of repayment, financial performance, risk factors, and recommendations.
- Spread and analyze business and personal tax returns, financial statements, K-1s, rent rolls, personal financial statements, projections, and other supporting documentation.
- Evaluate cash flow, debt service coverage, global debt service coverage, liquidity, leverage, collateral, guarantor strength, and repayment capacity.
- Apply the Five Cs of Credit to all credit decisions: Capacity, Capital, Collateral, Character, and Conditions.
- Research industry trends and market conditions affecting existing and prospective borrowers.
- Review appraisals, environmental reports, construction reviews, property inspections, and other collateral documentation.
- Pre-screen prospective loans, modifications, and increases and recommend loan amount, structure, terms, covenants, and whether to proceed.
- Identify and escalate red flags, emerging risks, covenant violations, and early warning indicators.
- Monitor covenant compliance and communicate concerns to lending and credit leadership.
- Communicate with borrowers as needed to obtain financial information, clarify underwriting questions, and understand business objectives.
- Collaborate with Loan Servicing and other internal teams to resolve pre-closing credit conditions.
- Assist with collateral monitoring, portfolio stress testing, and other credit risk initiatives.
- Maintain accurate credit files and ensure compliance with applicable policies, regulations, and risk-rating requirements.
- Coach and mentor Credit Analysts and Credit Specialists, helping develop their skills and ability to manage increasingly complex transactions.
What You Bring:
- Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
- Minimum of five years of commercial credit underwriting or analysis experience, including complex commercial and/or commercial real estate transactions.
- Formal credit training through a bank, institutional lender, RMA, ABA, or comparable program required.
- Strong understanding of commercial credit analysis, financial statement analysis, cash flow analysis, collateral evaluation, and risk assessment.
- Demonstrated ability to analyze complex financial statements, tax returns, projections, and other financial information.
- Strong financial statement spreading skills and proficiency with financial analysis software; Sageworks or similar experience preferred.
- Experience preparing sophisticated commercial credit memoranda.
- Intermediate-to-advanced proficiency in Microsoft Word and Excel.
- Excellent written and verbal communication skills with strong financial and credit vocabulary.
- Strong attention to detail, organization, judgment, and analytical skills.
- Ability to independently manage complex credit requests and collaborate effectively with lenders, credit leadership, and other internal partners.
- Experience coaching or mentoring junior credit professionals preferred.
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