Junior Credit Administration Analyst

Maspeth Federal Savings; New York (NY); On-site; USD 65,000 - 85,000; Full time

Job summary

Maspeth Federal Savings is seeking a Junior Credit Administration Analyst to support loan review across Commercial Real Estate and Residential portfolios. You will analyze loan documentation, assess risk, and prepare data and reports to help management make informed decisions.

Reporting to the Credit Administration Manager, you will work with loan officers, underwriters, legal teams, and auditors to ensure compliance with policies and regulatory standards, contributing to portfolio quality and

Qualifications

• BA/BS in Business Administration, Finance, Accounting, or related field preferred.
• 2+ years of experience in credit analysis, loan review, or related financial analysis role.
• Knowledge of credit policies, procedures, and regulations in financial services.

Responsibilities

• Conduct in-depth analysis of loan applications and reports, evaluating risk and creditworthiness.
• Perform loan file reviews to ensure compliance with credit policies and regulatory standards.
• Analyze borrower financial data to identify risks affecting the loan portfolio.
• Prepare risk assessments and recommendations for approvals, renewals, and modifications.
• Monitor loan performance and provide timely reports on status, delinquencies, and defaults.
• Collaborate with loan officers, underwriters, and legal teams to gather information for loan review and ensure smooth approvals.

Skills

Analytical skills

Communication skills

Detail oriented

Deadline-oriented

Education

Bachelor's degree in Business Administration/Finance/Accounting

Tools

Excel

PowerPoint

Loan management systems

Job description

The Junior Credit Administration Analyst plays a crucial role in the loan review process, maintaining the quality of our loan portfolio by assisting in the analysis of all Commercial Real Estate / Residential loans under the Credit Administration & Independent Loan Review Policy and Lending Policies. This role is responsible for analyzing and reviewing loan documentation, assessing risks, and providing insightful data and reports to make informed decisions.

Reports To

• Credit Administration Manager

Primary Responsibilities

• Conduct in-depth analysis of loan applications and reports, including assessing financial statements, cash flow, and collateral to evaluate risk and determine creditworthiness.
• Perform loan file reviews to ensure compliance with credit policies, procedures, and regulatory standards.
• Analyze borrower financial data to identify potential risks or issues that may impact the loan portfolio.
• Prepare detailed risk assessments and recommendations for management regarding loan approvals, renewals, and modifications.
• Monitor the performance of existing loans and provide timely reports on loan status, delinquencies, and potential defaults.
• Work closely with loan officers, underwriters, and legal teams to gather necessary information for loan review and ensure smooth approval processes.
• Collaborate with the Credit Administration team to resolve issues related to documentation and compliance.
• Ensure that all loan documents are complete and compliant with industry regulations.
• Assist with internal and external audits related to credit administration and loan review.
• Other duties as assigned.

Desired Skills & Experience

• BA or BS in Business Administration, Finance, Accounting, or related area is preferred.
• 2+ years of experience in credit analysis, loan review, or a related financial analysis role.
• Knowledge of credit policies, procedures, and regulations in the financial services industry.
• Certification in Credit Analysis (e.g. CFA, CRC) or other relevant credentials is a plus.
• Experience with loan management systems and financial software.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communications skills.
• Highly organized, detail oriented, and able to adhere to deadlines in a timely manner.
• Proficient in Microsoft Office Suite, including experience in Excel spreadsheets and Power Point Reports