Job Description
Support the Bank’s commercial real estate lending and deposit origination and management activities.
JOB DESCRIPTION
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 (e.g. Opportunity Memo);
- 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;