Credit Analyst - Investment Commercial Real Estate

Indianapolis, Indiana
Aug 21, 2023
Sep 20, 2023
Full Time
Education Level
4 Year Degree

This teammate is responsible for analyzing complex financial information and cash flow of existing and potential borrowing clients for purposes of approving or denying a loan request, presenting information in comprehensive documents with relevant financial data and narrative. The incumbent is expected to act in a professional manner and within the accepted standards and practices of the industry, as well as within the Bank’s Culture of Excellence.     

Essential Functions: 

  • Analyze the financial condition and cash flow of borrowers; analysis to include identification of trends in financial ratios, analysis of balance sheet and income statement changes and trends, guarantor analysis and collateral analysis
  • Convert financial statements into a common size spreadsheet utilizing financial spreading software
  • Conduct in depth review of rent rolls, leases, income statements, CoStar, appraisal reports, guarantor financials, global cash flow statements, and other financial information to determine, independently that the borrower can generate income and cash flow sufficient to repay existing and proposed debts
  • Present findings in comprehensive credit approval documents which outline the loan request and the financial condition of the borrower, including relevant financial data and narrative
  • Communicate with lenders and/or borrowers to obtain necessary information regarding the borrower
  • Assist lenders with structuring/underwriting loans
  • Assist Credit Operations Specialist as needed with updating borrower financial statement requirements and covenant requirements in tracking software
  • Assist Credit Underwriting Associate as they prepare financial statement spreads on behalf of the Credit Officer and under their supervision
  • Ensure Bank’s loan policies are being followed, citing exceptions where needed
  • Maintain expertise in new and changing bank underwriting policies and regulatory guidelines
  • Perform quality control review of imaged documents

Require Qualifications:

  • College degree in accounting, finance, economics or business; a minimum of 6 hours of college-level accounting coursework required, including intermediate financial accounting
  • Minimum of 2-5 years of experience in credit analysis at a bank with assets of $1 billion or more; experience analyzing complex CRE borrowers with deal and/or relationship size between $2 million and $20 million; demonstrated skills in areas such as rent rolls, leases, cash flow, market analysis, and guarantor global cash flow analysis for commercial real estate loans
  • Exceptional ability to analyze and interpret all types of financial statements, formulate conclusions, and present findings in a narrative credit analysis memo
  • Experience analyzing borrowing base certificates and underlying assets comprising the certificate to determine if borrower is in compliance
  • Demonstrated ability to create, interpret and test borrower loan covenants
  • Proven verbal and written communication skills, including the ability to convey information about a borrower’s financial status in commonly understood terms
  • Demonstrated ability to think critically, make well-reasoned assumptions and solve problems
  • Experience with and strong working knowledge of standard computer applications, especially Word, Excel and Adobe Acrobat
  • High degree of accuracy and attention to detail
  • Strong initiative and ability to manage multiple lender requests, organizing and prioritizing tasks as appropriate; ability to work independently and meet deadlines
  • Demonstrated ability to work effectively with diverse individuals and work styles, including lending staff

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