Analyst, Portfolio Manager
Webster Bank
GCIB GMC Analyst/Associate
Bank of America
full-time
Posted on:
Location Type: Office
Location: New York City • New York • 🇺🇸 United States
Visit company websiteSalary
💰 $90,000 - $138,500 per year
Job Level
JuniorMid-Level
About the role
- Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
- Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
- Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
- Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
- Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
- Trains, coaches, and mentors Credit Analysts
- Responsible for managing the end-to-end credit approval process and the portfolio monitoring team work flow to ensure quality of work and timeline management of deliverables
- Conduct financial statement analysis, assess business and industry risks, negotiate credit agreement documentation, and prepare credit approval memorandum.
Requirements
- 1+ years relevant experience conducting business analysis and financial statement analysis
- Financial modeling for corporate borrowers
- Strong accounting background
- Proficient in Excel, Microsoft Word, PowerPoint
- Bachelor's degree in finance/accounting or equivalent work experience
- Formal credit training and strong written and oral communication skills preferred
Benefits
- Discretionary incentive eligible
- This role is eligible to participate in the annual discretionary plan.
- Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
- This role is currently benefits eligible.
- We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial performance analysisfinancial statement analysiscredit risk analysisfinancial modelingprojection modelsnegotiationcredit agreement documentationportfolio monitoringrisk-adjusted profitabilitycompliance assessment
Soft skills
trainingcoachingmentoringcommunicationtimeline management
Certifications
formal credit training
