Credit Process Support Analyst (Hybrid-Miami)

BankUnited; Miami Lakes (FL); On-site; USD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented individual to join their Commercial Credit Process Support group. This role is vital in ensuring data quality and compliance within commercial lending operations. You'll be responsible for validating credit memos, engaging with lending teams to resolve data issues, and participating in training initiatives to enhance data accuracy. With a focus on collaboration and adherence to regulatory standards, this position offers an opportunity to contribute significantly to the organization's credit processes. If you have a strong background in credit analysis and excellent Excel skills, this is the perfect role for you!

Qualifications

• 1-3 years experience in credit analysis or underwriting of commercial loans.
• Strong Excel skills required for reporting and data manipulation.

Responsibilities

• Validate credit memos and ensure data consistency across lending businesses.
• Engage with various stakeholders to resolve data issues and ensure accuracy.
• Participate in training to enhance data quality and compliance.

Skills

Excel

Credit Analysis

Underwriting

Financial Statement Analysis

Data Validation

Accounting Skills

Education

Bachelor's Degree

Job description

Description

SUMMARY:This position participates in the activities of the Commercial Credit Process Support group, which works to provide a wide range of credit-related support functions relative to the ongoing data management within various commercial business units. The functions relative to this position includes responsibilities for the capture, validation and input of key data elements into core Bank systems and ensuring data quality and consistency throughout the primary commercial lending businesses while also ensuring compliance with BankUnited and regulatory standards.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

• Performs data validation of all credit memos prepared by Lending Officers, Underwriters, Portfolio Managers and other employees of the Credit Administration group. Participate in all efforts to drive data consistency across the commercial lending businesses.
• Validates commercial real estate property cash flow calculations and other underwriting values documented in the credit memos and updated in the lending systems to ensure accuracy and adherence to the bank's commercial real estate underwriting guidelines.
• Validates Corporate financial statement and income tax return spreads to ensure accuracy and adherence to the bank's financial statements analysis procedures.
• Engages with Lending Officers, Underwriters, Portfolio Managers and Credit Officers to resolve data issues and exceptions identified during the validation of the data in the lending systems/platforms.
• Verifies data updates to critical systems ensuring data accuracy and completeness. Collaborate with Loan Servicing to accomplish tasks relative to the Signature Loan Servicing system.
• Participates in any Commercial Loan Origination platform initiatives to reduce manual data capture and reporting.
• Captures data consistent with a data dictionary defining proper methodology of the key elements in the credit package.
• Tracks data errors or inconsistencies to identify additional training needs of Credit Administration employees. Participates in training relative to data consistency and accuracy.
• Works with Lending Officers, Underwriters, Portfolio Managers, Credit Officers and appropriate business partners to ensure on-going communication relative to the Bank’s data objectives.
• Learns, understands and administers Credit Policy and Procedures.
• Participates in line of business and administrative meetings, as appropriate.
• Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
• Adheres to Bank policies and procedures and completes required training.
• Identifies and reports suspicious activity.

EDUCATION

• Bachelor's Degree or equivalent work experience required.

EXPERIENCE

• 1-3 years experience in credit analysis and/or underwriting of commercial loans required.

KNOWLEDGE, SKILLS AND ABILITIES

• Strong Excel skills, including the ability to generate reports and pivot charts, utilize conditional formatting, tables, formulas and functions also required.
• Must have good understanding of Corporate Financial statement analysis, corporate income tax returns, commercial real estate property cash flow.
• Must have good accounting skills developed through formal college undergraduate courses (through intermediate accounting) or through acceptable alternative means such as AIB.