Sr. Credit Analyst -CRE
Company: Disability Solutions
Location: Phoenix
Posted on: April 30, 2024
Job Description:
Job Title:Sr. Credit Analyst -CRELocation:CityScapeWhat you'll
do:The position of Sr. Credit Analyst is responsible for completing
various covenants tests for the bank's clients as they become due.
They will complete/review financials spreads, needed to test
covenants as detailed in the Business Loan Agreements (BLA) .
Following the definitions of the various test in the BLA, they will
prepare and provide a final report to the loan officers with
supporting explanation of the logic used in his/her findings to the
loan officer to for final approval of the tests. These covenant
tests can be done monthly, quarterly, semi-annually or annually as
agreed by the bank's client. The analyst will also review covenants
tests completed by junior analysts and provide guidance and
corrections as needed. Covenant tests include Debt Service Coverage
Ratio, Out of debt period, Maximum Debt to Tangible Net worth,
Minimum Liquidity, etc.What we are looking for:
Responsibilities:
- Performs financial statement analysis, typically involving
complex relationships.
- Work closely with lending personnel as needed to insure
accurate testing results using all required variables.
- When needed, use various bank systems to obtain information
required for the various tests.
- Maintain completed covenant tests using Credit Lens
software.
- Maintain covenant tracking reports detailing
progress/completion of covenant tests.
- Ability to explain and defend logic used to complete the
testing and obtain approval from the appropriate loan officer.
- Provide training and assistance to junior analysts when
preparing covenant tests.
- Communicate declining trends in a proactive approach to surface
potential issues with bank's clients to the loan
officers.Qualifications:
- Bachelor's degree (BA) from a four (4) year college or
university, and minimum of two (2) years or more related experience
and/or training; or the equivalent combination of education and
experience.
- Work related experience should consist of good knowledge of
financial spreading programs such as Moody's Risk Analyst/Credit
Lens with strong understanding of financial statement
analysis.
- Educational experience, through in-house training sessions,
formal school or financial industry related curriculum, should be
applicable to the financial industry.
- Strong problem-solving skills.
- Ability to spread complex financial statements and tax returns
and applying results to complete covenant test as required.
- 2-3 year's experience in spreading financial statements with
good knowledge of cash flow calculations.
- Strong organizational and time management skills.
- Ability to work with minimal or no supervision while performing
duties.#LI-JM3Benefits you'll love:We offer all the important
things you'd want - like competitive salaries, an ownership stake
in the company, medical and dental insurance, time off, a great
401k matching program, tuition assistance program, an employee
volunteer program, and a wellness program. In addition, you'll have
the opportunity to bolster your business knowledge, learning the
ins and outs of how successful companies operate and manage their
finances, giving you invaluable hands-on experience to help grow
your career!About the company:Western Alliance Bank is a wholly
owned subsidiary of Western Alliance Bancorporation. Alliance Bank
of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank,
First Independent Bank, and Torrey Pines Bank are divisions of
Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western
Alliance Bank company.Western Alliance Bancorporation is committed
to equal employment and will consider all qualified applicants
without regard to race, sex, color, religion, age, nation origin,
marital status, disability, protected veteran status, sexual
orientation, gender identity or genetic information. Western
Alliance Bancorporation is committed to working with and providing
reasonable accommodations for individuals with disabilities. If you
are an individual with a disability and require a reasonable
accommodation to complete any part of the application process
and/or need an alternative method of applying, please email
HR@westernalliancebank.com or call 602-386-2488. When contacting
us, please provide your contact information and state the nature of
your accessibility issue. We will only respond to inquiries
concerning requests that involve a reasonable accommodation in the
application process.-- Western Alliance Bancorporation
Keywords: Disability Solutions, Tempe , Sr. Credit Analyst -CRE, Professions , Phoenix, Arizona
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