Job Description

Support the Bank’s commercial real estate lending and deposit origination and management activities. Assist Account Officers in the evaluation of new lending opportunities, including:

• Technical (i.e. spreadsheet) analysis of project economics, historical income and pro forma income;
• Market and industry research (e.g. comparable rents/sales and submarket supply and demand conditions); 
• Preparation of related internal memoranda 
• Order third party consultant reports (i.e. appraisal, environmental assessment, property condition report, plan and cost review) through the RIMS portal; 
• Produce, in coordination with the Account Officers, new and modified loan recommendation packages, including: Order internal due diligence (“front and back sheets”);
• Procure current collateral property flood status certifications;
• Prepare face sheet and discussion summary memoranda on standard bank templates;
• Analyze, stress test, and report on pro forma and historical collateral property cash flows;
• Analyze the sources of repayment;
• Industry and submarket research, including the utilization of bank vendors such as REIS;
• Property level research including property taxes;
• Analyze guarantor and borrower financial condition, liquidity and cash flow;
• Analyze risk factors and mitigating circumstances;
• Produce annual loan reviews, in co-ordination with the Account Officer;

Qualifications

• College Graduate or 5+ years commercial real estate finance experience;
• Proficiency with regard to the Microsoft Office software suite of applications;
• Knowledge of all AML / KYC requirements;
• Formal credit training preferred.

Additional Information

DISCLAIMER

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

All your information will be kept confidential according to EEO guidelines.

DUE TO COVID-19, MOST OF OUR EMPLOYEES ARE WORKING REMOTELY. WE HAVE IMPLEMENTED A VIRTUAL HIRING PROCESS AND CONTINUE TO INTERVIEW APPLICANTS BY PHONE OR VIDEO AND ARE ONBOARDING NEW HIRES REMOTELY. WE VALUE THE SAFETY OF OUR EMPLOYEES BECAUSE WE’RE ALL IN THIS TOGETHER.

NO AGENCIES PLEASE.