Commercial Banking Analyst

Burke & Herbert Bank; Alexandria (VA); On-site; USD 40,000 - 44,000; Full time

Job summary

Burke & Herbert Bank in Alexandria, VA, is seeking a Commercial Banking Analyst to perform financial spreading and analysis for commercial loan requests, including real estate and C&I transactions. You’ll review financials, tax returns, and collateral to assess credit risk and support underwriting decisions.

The role requires a Bachelor’s degree in a related field, strong MS Office skills, and experience in real estate or finance is a plus.

Qualifications

• Bachelor’s degree in finance, accounting, real estate or related field.
• Proficiency in Microsoft Word and Excel.
• Hands on experience with real estate, accounting, or finance is a plus.

Responsibilities

• Use financial calculations to analyze commercial credit applications.
• Spread financial statements per bank guidelines.
• Analyze balance sheets, income, and cash flows; interpret ratios.
• Review appraisals and environmental reports for relevance.
• Prepare loan packages for review by supervisors and committees.
• Assist underwriters and team members as requested.
• Travel to visit borrowers or collateral properties.
• Maintain service levels and turn-time standards.

Skills

Analytical mindset

Independent & team work

Distill complex info

Multi-tasking

Education

Bachelor’s in finance/accounting/real estate

Tools

Microsoft Word

Microsoft Excel

Job description

Company Description Burke & Herbert Bank, established in 1852, is the oldest continuously operating bank in the Washington, D.C. region and has a longstanding tradition of serving individuals, families, and businesses. As a local community bank with more than 100 branches across Delaware, Kentucky, Maryland, Pennsylvania, Virginia, and West Virginia, the Bank offers a full range of business and personal financial solutions. The organization prides itself on being large enough to provide comprehensive services while remaining personal, friendly, and caring as a workplace and financial partner. Burke & Herbert Bank is focused on anticipating customer needs and delivering an enhanced banking experience. The Bank is a Member FDIC and an Equal Housing Lender.

Role Description

The Commercial Banking Analyst shall perform financial spreading and analysis for commercial, both commercial real estate and commercial & industrial, transactions. This involves reviewing financial statements, tax returns, and evaluating collateral, to determine the financial condition of individuals and businesses. This role is designed to assist underwriters and the bank in the evaluation of the strengths and weaknesses in commercial loan requests in determining if the overall risk in a credit request is acceptable to the Bank.

Education and Experience:

• Bachelor’s in finance, accounting, real estate or other related field.
• Proficiency in Microsoft Office - especially both Word and Excel.
• Hands on experience with real estate, accounting, or finance is a plus.

Skills/Abilities:

• Have an analytical mindset
• Work both independently and as part of a team
• Distill complex information and analysis into a readable format
• Be an efficient multi-tasker

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Use critical thinking and financial calculations to conduct thorough analysis of applications for commercial credit.
• Spread financial statement consistent with the organization’s guidelines.
• Analyze borrower’s balance sheet, income, and cash flow statement and interpret key ratios.
• Complete reviews on all types of commercial property – hotels, retail centers, office buildings, industrial warehouses, etc.
• Evaluate additional credit information for preparation of commercial loan package.
• Visit prospective commercial borrowers and/or collateral properties.
• Review real estate appraisals and environmental reports for relevance and accuracy of findings.
• Provide an analyzed, researched, and documented loan package for review by supervisor, officers, committee, or Board as appropriate.
• Assist with loan scenario questions and be responsible for calculating risk scorecard and recommending risk ratings.
• Maintain department service level and turn-time standards.
• Gain knowledge of and uphold compliance with policies and procedures of the Bank.
• Assist underwriters and team members as requested.
• Additional responsibilities as assigned.

Supervisory Responsibility

This position has no supervisory responsibilities.

This job operates in an office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face-to-face meetings, and on the computer.

Physical Demands

This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing as necessary.

Travel

Travel may be required for this position.

For Applicants located in Alexandria, Virginia (VA): The anticipated salary range for this position is $29.00 - $32.00 per hour.

The ranges listed for Virginia represent the good-faith compensation the Company reasonably expects to pay for the position at the time of posting. Actual compensation will be determined based on factors including, but not limited to, the candidate's skills, qualifications, experience, education, certifications, internal equity, and business needs. This position may also be eligible for additional compensation, such as bonuses or incentive pay, where applicable.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.