Credit Analyst II - Corporate Banking

BMO Harris Bank; New York (NY); On-site; USD 64,000 - 103,000; Full time

Job summary

A leading financial institution is seeking a Credit Analyst II to enhance underwriting and portfolio management. The role requires performing complex credit risk assessments and engaging in loan structuring, with significant collaboration in a team-oriented environment. Candidates should hold an undergraduate degree in finance, accounting, or economics and have over three years of experience in commercial banking.

Benefits

Medical, Dental, Vision insurance

Life and disability insurance

Comprehensive leave program

Qualifications

• 3+ years in commercial banking or credit analysis required.
• Proficiency in financial analysis tools and credit risk assessment.
• Experience in financial modeling and industry research is crucial.

Responsibilities

• Conduct detailed credit risk analysis and financial analysis.
• Support loan structuring and conduct collateral analysis.
• Collaborate with internal teams to provide insights on credit decisions.

Skills

Financial Modeling

Credit Risk Assessment

Industry Research

Problem Solving

Collaboration

Education

Undergraduate Degree in Finance, Accounting, or Economics

Tools

Excel

Job description

Position Title
Credit Analyst II - Corporate Banking

Location
New York, NY 10018

Job Summary
The Credit Products Analyst II builds upon foundational credit experience by taking on more complex underwriting and portfolio management responsibilities. This role plays a key part in supporting Credit Products Specialists in assessing credit risk, structuring commercial loans, and monitoring portfolio performance. Analysts are expected to independently conduct financial analysis, prepare risk ratings, and provide insights on credit decisions, while continuing to refine industry expertise and technical skills.

Pay Range: $64,022 - $83,229 - $102,436

Job Responsibilities:

JOB SUMMARY

The Credit Products Analyst II builds upon foundational credit experience by taking on more complex underwriting and portfolio management responsibilities. This role plays a key part in supporting Credit Products Specialists in assessing credit risk, structuring commercial loans, and monitoring portfolio performance. Analysts are expected to independently conduct financial analysis, prepare risk ratings, and provide insights on credit decisions, while continuing to refine industry expertise and technical skills.

JOB RESPONSIBILITIES

• Credit Risk Analysis & Portfolio Management:
  • Conduct financial spreading and risk rating analysis.
  • Perform detailed credit due diligence and industry research.
  • Prepare annual and periodic credit reviews.
  • Monitor borrower performance and track financial covenants.
  • Recommend risk rating adjustments based on financial trends.
• Loan Structuring & Underwriting Support:
  • Assist Credit Products Specialists in structuring new loans and modifications.
  • Prepare internal credit approval memoranda.
  • Conduct market and collateral analysis.
  • Review and interpret due diligence reports.
  • Partner with Relationship Managers to prepare financing-related pitch materials.
• Relationship & Internal Collaboration:
  • Work closely with RMs, Credit Officers, and Credit Products Specialists to provide data-driven insights.
  • Participate in client discussions and presentations as needed.
• Special Projects & Professional Development:
  • Contribute to process improvement initiatives.
  • Continue professional development through credit training programs.
  • Support policy updates and regulatory compliance efforts.
• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.

JOB REQUIREMENTS

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent) in finance, accounting, economics, or a related discipline
• Minimum experience required: 3+ Years in commercial banking, credit analysis, or a related field.

Preferred Qualifications:

• Exposure to commercial credit structuring and deal underwriting beneficial.

Job Competencies:

• Advanced Financial & Credit Analysis: Proficiency in financial modeling, credit risk assessment, and industry research.
• Risk Assessment & Decision-Making: Ability to analyze complex credit situations and recommend solutions.
• Process & Portfolio Management: Strong skills in tracking financial reporting and monitoring credit agreements.
• Collaboration & Influence: Works effectively with RMs, Credit Officers, and external partners.
• Problem Solving: Applies critical thinking to resolve credit issues and assess risk exposure.
• Technology & Data Utilization: Proficient in financial analysis tools, CRM systems, and Excel (pivot tables, financial modeling).
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer
Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank

Flagstar is an Equal Opportunity Employer

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank