Credit Associate, Fund & Sponsor Banking

Overview

Department: Credit

Location: Remote

This role serves as the organization’s credit specialist, partnering closely with Relationship Managers to support loan growth across the organization’s suite of loan products while helping maintain the bank’s credit risk profile.

Responsibilities

• Serve as the credit specialist for Relationship Managers to help drive loan growth across the organization’s loan products, including recommending appropriate credit structures based on borrower needs while maintaining the bank’s credit risk profile
• Lead review and analysis of prospective client performance and debt needs; coordinate with the credit team to assess credit strength of new debt opportunities
• Build strong working relationships with prospective borrowers, Relationship Managers, existing clients, and other internal and external constituents
• Monitor existing borrower performance and identify deviations from agreed-upon performance covenants; proactively raise credit concerns to the Relationship Manager to mitigate credit risk where appropriate
• Conduct financial analysis for new and existing borrowers, with emphasis on historical trend analysis and financial forecasting
• Test financial covenants and other risk assessments based on the Loan & Security Agreement as needed
• Use bank loan systems to input financial information, prepare financial analysis, and produce comprehensive management reports/summaries as required
• Communicate with clients, Relationship Managers, and bank leadership to resolve loan issues or questions
• Assist Relationship Managers with covenant reporting information and payment collection (ultimate responsibility for obtaining financial disclosure and loan payment lies with the Relationship Manager)
• Be comfortable working with AI-based underwriting and analysis software

Requirements

• Bachelor’s degree in Accounting, Finance, or Economics or equivalent experience
• At least 4 years of relevant banking experience
• Experience analyzing Fund and Sponsor Banking deals; ideal candidate will also have experience underwriting C&I credits
• Ability to communicate clearly across the organization and with external contacts, demonstrating strong interpersonal, verbal, and written communication skills
• Ability to multi-task in a fast-paced environment and meet tight deadlines (e.g., quick turnaround of credit requests)
• High attention to detail to ensure accuracy; ability to detect errors and follow through on corrections
• Strong analytical skills and resourcefulness to complete in-depth industry and market analyses, including analyzing financial statements (profit and loss, balance sheet, and cash flow statements)
• Ability to act independently without being prompted; problem-solve to resolve issues and provide timely, professional service to internal and external customers
• Expert knowledge in Word, Excel, and PowerPoint