CRE Credit Analyst

Amalgamated Bank Of Ny; New York (NY); Hybrid; USD 75,000 - 110,000; Full time

Job summary

Amalgamated Bank is seeking a CRE Credit Analyst in New York, NY to support underwriting, diligence, and credit risk management for a growing CRE portfolio. The role requires strong financial analysis, modeling skills, and the ability to handle multiple deals with due diligence and presentation to committees.

The position emphasizes collaboration with origination and risk teams, annual reviews, and adherence to lending standards.

Qualifications

• Bachelor's degree in Finance, Real Estate, or related field.
• Formal credit training and 2 years of underwriting experience in a Commercial Bank or real estate lender.
• Strong financial analysis and modeling skills; CRE loan experience.
• Ability to work in a team, communicate clearly, and handle multiple deals under pressure.

Responsibilities

• Underwrite new lending opportunities.
• Prepare credit memorandums with in-depth analysis of requests and loan structures.
• Collaborate with origination and risk teams as issues arise in underwriting/closing.
• Present transactions to the credit committee and support approvals.
• Conduct annual credit reviews.
• Maintain knowledge of lending policies and identify policy exceptions.
• Recommend appropriate risk ratings per guidelines.
• Lead due diligence discussions and guide deals through approval processes.
• Perform other duties as required.

Skills

Financial analysis

Underwriting

Credit risk

Education

Bachelor's degree in Finance/Real Estate

Job description

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CRE Credit Analyst

New York, NY, US

3 days ago Requisition ID: 2290

Salary Range: $75,000.00 To $110,000.00 Annually

Purpose of Position:

Amalgamated Bank (“AB”) is a socially conscious bank founded in 1923. AB is actively growing its CRE portfolio with multi-family, industrial, and other asset classes in the Northeast, Washington D.C, San Francisco, Chicago and other gateway cities.

The Credit Analyst will work closely with the origination team and credit risk management in reviewing and analyzing financial statement reports, conducting due diligence, assessing credit risk, preparing deal screen presentations, writing credit approval memorandums, presenting recommendations to the credit committee, and monitoring and managing the credit portfolio.

The Credit Analyst will be expected to work on numerous deals simultaneously. The job requires a self-starter capable of independently completing work in a thoughtful and thorough manner, while evaluating all risks associated with complicated CRE credit transactions.

Essential Job Functions:

• Assist in underwriting new lending opportunities
• Prepare comprehensive credit memorandums that provide in-depth analysis of new credit requests and analyze risks and mitigants of loan structures.
• Work with the origination team and credit as risks are uncovered during the underwriting/closing process.
• Assist in the presentation of transactions to the credit committee in support of approval.
• Complete annual credit reviews.
• Maintain good working knowledge of the Bank’s lending policies/ procedures and identify exceptions to credit policy.
• Recommend appropriate risk ratings in accordance with credit policy guidelines.
• Attend meetings and/or conference calls on transactions, lead due diligence discussions and guide the deal though the approval process.
• Perform other duties as required by the job.

Knowledge, Skills and Experience Requirements:

• Bachelor’s degree in Finance, Real Estate, or other related field with proven academic excellence.
• Formal credit training and 2 years of underwriting experience within a Commercial Bank or other real estate credit lender
• Highly proficient financial analysis skills, including financial modeling and understanding of financial data for CRE loan transactions
• Ability to work well on a team with different personalities, adjust quickly to various work situations, and remain composed under pressure/in stressful situations
• Ability to work on multiple long-term transactions simultaneously, while prioritizing assignments to meet deadlines
• Strong verbal, written, inter-personal, and public presentation skills
• Proven organizational skills; able to work independently and detail-oriented

Our job titles may span more than one career level. The starting base salary for this role is between $75,000 – $110,000. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Hybrid Work Model
Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as “remote”.

Search Firm Representatives- Please Read Carefully
Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.