Valuation Analyst
PNC
Junior · Midfull-time$45k–$103k / yearNew Jersey, Pennsylvania · 🇺🇸 United States
Posted: 3 days agoSource: pnc.wd5.myworkdayjobs.com
Senior Credit Analyst
The Symicor Group
full-time
Posted on:
Location Type: Office
Location: East Brunswick • New Jersey • 🇺🇸 United States
Visit company websiteSalary
💰 $85,000 per year
Job Level
Senior
About the role
- Perform clear and comprehensive credit analysis on commercial real estate loans including multi-family, ground-up construction, construction-to-permanent, purchases, for-sale properties, and acquisitions for new and existing customers based on historical numbers, projections, and Appraisals.
- Assist in the analysis/underwriting of credits for the commercial lending area, particularly those related to real estate lending of any type: residential developers, shopping centers, apartment complexes, etc.
- Spread and review Business and Personal Tax Return/Financial Statements in the Financial Spreading Program.
- Prepare Risk Rating forms in conjunction with the Presentations/Annual Reviews.
- Conduct financial analysis such as NOI, Cash flow, Debt Service Coverage, Loan to Values, Liquidity ratios, leverage, profitability, and loan covenants.
- Formulate/present findings, evaluations, credit worthiness, and recommendations to Lenders, Senior Management, and Internal Loan Committees.
- Mentor new hires with the internal processes.
- Perform all other reasonable duties as assigned.
Requirements
- Bachelor’s degree in accounting, credit, finance, or related field.
- Ten or more years of Banking and Financial industry experience specializing in Residential /Commercial Real Estate, Construction Underwriting, Financial Analysis, Management Reporting, and strong communication skills
- Ability to perform credit analyst functions including financial statement spreads and writing loan offering summaries.
- Good knowledge of commercial real estate and deal structures especially residential development construction.
- Ability to understand various business structures and related financial statements and tax returns.
- Ability to work effectively with lending officers to appropriately structure deals.
- Strong understanding of 3rd party reports such as Commercial / Residential Appraisals (including Absorption Analysis) Environmental Reports and Credit Bureau Reports.
- Very good oral and written communication techniques.
- Proficient in Microsoft Office Applications (Word, Excel, PowerPoint).
Benefits
- The position includes a generous salary of up to $85K along with an excellent benefits package. (This is not a remote position).
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
credit analysisfinancial analysisfinancial statement spreadingrisk ratingNOIcash flowdebt service coverageloan to valueliquidity ratiosprofitability
Soft skills
communication skillsmentoringpresentation skillsevaluationrecommendationcollaborationorganizational skillsinterpersonal skillswriting skillsanalytical skills