Credit Analyst
Enterprise Community Partners
full-time
Posted on:
Location Type: Hybrid
Location: New York City • Maryland • New York • United States
Visit company websiteExplore more
Salary
💰 $75,000 - $92,000 per year
About the role
- Reporting to the Director of Credit, the Credit Analyst is responsible for a variety of tasks associated with underwriting, closing, and asset management of loans
- Provide support to Loan Fund’s operations by working closely with the Loan Fund’s Chief Credit Officer, Director of Credit, Loan Officers and Asset Managers to manage relationships with our customers and closely monitor the performance of assigned loans and the underlying project
- Asset management tasks include covenant compliance, financial reporting, loan modifications, annual reviews, and assigned program management
- Support the Loan Officers and Asset Managers by performing financial analysis of both for- and non-profit sponsors and/or borrowers, completing 3rd party report reviews, and performing site visits
Requirements
- At a minimum 3 years of work experience
- A bachelor’s degree in business, finance, real estate, urban planning, or related field is required
- A graduate degree in business, finance, real estate, urban planning, or related field can substitute for 2 of the 3 years of required work experience
- Experience in real estate-based or affordable housing finance, including credit analysis
- Experience with construction lending and processes is desired
- Proficiency in analyzing financial statements of nonprofit and for-profit organizations and real estate property operations
- Experience with reviewing due diligence items required to close real estate transactions
- Knowledge of the loan closing process and loan documents utilized in real estate transactions
- Familiarity with federal, state, and local government funding sources for construction, rehabilitation and operating needs
- Experience working with both private sector financial institutions and public agencies
- Excellent written and verbal communication skills are required
- Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential
- Excellent skills in managing multiple tasks requiring strong attention to detail
- Ability to work effectively in a team environment
- Ability to travel
Benefits
- Health insurance
- 401(k) matching
- Flexible work arrangements
- Annual performance bonuses
- Generous paid leave programs
- Dental, health, and vision care plans
- Family-building benefits such as adoption and surrogacy support
- Health advocacy
- Employee Assistance Program (EAP)
- Mental health benefits
- Financial education
- Wellness programs
- Auto-enrollment in the company’s 401(k) plan with employer matching contributions
- Tuition reimbursement for job-related courses and certifications
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
credit analysisfinancial analysiscovenant compliancefinancial reportingloan modificationsreal estate transactionsdue diligenceconstruction lendinganalyzing financial statementsprogram management
Soft Skills
written communicationverbal communicationattention to detailteamworkrelationship managementorganizational skillsmulti-taskingcustomer service