COMMERCIAL CREDIT ANALYST

Company: Ascendo Resources
Location: Miami
Posted on: October 20, 2024

Job Description:

We're looking for a Commercial Credit Analyst to assist our client, a bank, in the commercial banking division. The ideal candidate has prior experience performing credit analysis, underwriting and risk mitigation while working with corporate account in the credit department of a private bank.
Day to Day Duties

• Responsible for the underwriting and credit analysis of Commercial Real Estate Loans.
• Preparing & presenting Credit Approval Memorandums for new and existing loans and annual reviews.
• Analyzes borrower's business methods of operations, the operational environment, financial condition, and operating performance to determine borrower's ability to pay on loans.
• Performing due diligence when mitigating risk and identifying sources of repayment.
• Performing sensitivity analysis, industry data analysis, and project analysis.
• Prepare or review all aspects of credit memos including credit analysis, collateral cash flow analysis and debt service coverage ratios.
• Other duties as they pertain to the role
  Job Requirements
  • Bachelor's degree in finance, accounting, economics or relevant field required
  • 3 or more years of experience working as a credit analyst in corporate finance, investment banking, or commercial real estate space.
  • Bilingual in English & Spanish
  • Great attention to detail and ability to analyze data effectively

Keywords: Ascendo Resources, Fountainbleau , COMMERCIAL CREDIT ANALYST, Professions , Miami, Florida