Credit Analyst - NY

Commercial Credit C&I/MM/HC-NY

We are looking for a Commercial Credit Analyst to join our Commercial Banking Team in New York, NY. In this position you will be responsible for the support of quality loan origination, analysis, processing and reporting of the full assessment of credits and timely completion of C&I and CRE credit analyses associated with Commercial Banking, Business Banking and Middle Market loans.

In this position, you will:

• Prepare written credit memorandums on all new loans, renewals, extension and modifications relative to financial strengths and weaknesses of borrowers, risk assessments, strength of guarantors, industry analysis, and collateral and loan structures with opinions as to credit worthiness.
   
• Gathering information on actual and prospective borrowers through inquiries and investigations with trade suppliers, financial institutions, appraisers, professional firms or individuals and in-house information on borrowers relative to loan amount, activity, and profitability and affiliate relationships.
   
• Assist in portfolio management activities such as completing Annual Financial Updates and Loan Management Reports on existing borrowers.
   
• Order and review third party reports such as real estate appraisals.
   
• Spreading financial statements through the use of computerized financial software program and analyze reports produced by the system for preparation of written reviews.
   
• Accompany account officers on calls to develop more information on the companies being analyzed and better assess the risks associated with the credit.
   
• Monitor the loan compliance on existing customer accounts.
   
• Regularly track the stages of active and pending loans.
   
• Analyze loans highlighting any problems or questions and writing the final credit analysis.
   

To be considered, you will need:

• Thorough knowledge of accounting and legal principles underlying the bank’s documents.
   
• Bachelor’s Degree in Accounting or Finance combined with a minimum 3 years related experience.
   
• Computer literate; fluency in Microsoft Office programs, Excel analysis required
   
• Ability to establish and maintain effective work relationships both internally and externally.
   

Base Salary & Benefits

 Our base salary for this position located in [[state]]  generally ranges between  $105,000.00 and $115,000.00 annually, depending on business need and on your qualifications and experience. Base salary does not include incentive compensation, commission, or any other type of remuneration or benefits.

In addition to salary, Popular's well-rounded benefits package for regular full-time and part-time employees includes a comprehensive health plan, flexible time off options, and savings and investment plans. Seasonal/temporary employees are not eligible for these benefits.