Senior Commercial Portfolio Analyst

Bethpage Federal Credit Union; Bethpage (NY); Hybrid; USD 80,000 - 100,000; Full time

Job summary

An established financial institution is seeking a detail-oriented professional to join their commercial lending team. This role involves reviewing tax returns and financial statements, preparing annual review memos, and monitoring loan portfolios. The ideal candidate will thrive in a collaborative environment, possess strong analytical skills, and have a passion for delivering excellent member service. With a commitment to excellence, this innovative firm offers a dynamic workplace where your contributions will significantly impact the organization and its members. If you are eager to grow in your career and make a difference, this opportunity is perfect for you.

Qualifications

• 2+ years in Commercial Lending with experience in tax returns and financial statements.
• Strong analytical and detail-oriented skills are essential.

Responsibilities

• Review tax returns and financial statements for loan compliance.
• Proactively monitor loan portfolio and report to management.

Skills

Detail Oriented

Analytical

Strong verbal and written communication skills

Interpersonal skills

Organizational and time management skills

Coding / application development skills

Education

Bachelor's in Finance or related field

Tools

Bethpage’s core system (DNA)

Commercial Loan Portfolio Management system

Job description

Hybrid 899
899 S Oyster Bay Rd
Bethpage, NY 11714, USA

Bethpage has a commitment to excellence and the highest standards of member service. Our values and behaviors are critical to the success and growth of the business and they were all created with a unique cultural foundation. To review our values and behaviors, please visit The Brand is You.

The hourly rate for this opportunity is $44.38-$53.26 per hour.

Responsibilities Include:

1. Review tax returns and/or financial statements to prepare detailed and effective annual review memos to report on covenant compliance in accordance with loan documents. Analysis will focus on repayment sources, cash flow - business and global, historical trends, tenancy/leases, guarantors (entity and personal), industry / asset risks, and relationship exposure. Identify key risks and mitigants of a particular loan and document conclusions / recommendations clearly and concisely, and assign risk ratings commensurate with the Borrower’s credit risk profile. Ensure loans are reported properly in Bethpage’s commercial lending and core systems. Proactively monitor portfolio to identify deteriorating loans and report to senior management timely.
2. Generate annual review letters to request annual reporting requirements for loans within one’s assigned Annual Review portfolio. This includes proactively working with borrowers and relationship managers directly to obtain the necessary information, monitoring compliance, and updating one’s pipeline with the information received and requests made.
3. Proactively work with commercial lending operations, sales, servicing and workout teams, vendors, legal counsel and loan participants to provide the best employee and member experience/service. This includes timely addressing off-cycle loan requests, inclusive of lease analysis, escrow holdback releases in accordance with the loan documents, change in ownership, release / replacement of guarantors, etc. This also includes setting proper expectations with all parties, obtaining appropriate approval as outlined in our credit policy, and potentially participant approval.
4. Learn Bethpage’s core system, DNA, to extract Borrower, Guarantor and Loan information and process transactions after loan origination (i.e. escrow releases, draw requests, etc.). Develop competency in Bethpage’s Commercial Loan Portfolio Management system.
5. Participates in special projects and performs additional duties as required, including systems testing, periodic audits, etc.

Qualifications

• Competent in spreading of business and personal tax returns and/or financial statements, and related Borrower, Personal and Global Cash flow analyses.
• Understanding of Commercial Real Estate lending and asset classes preferred.
• Demonstrated attention to detail, strong verbal and written communication skills with ability to convey concepts concisely and clearly to Borrowers and Management.
• Strong interpersonal skills a must, works well in a team environment.
• Strong organizational and time management skills to oversee a large loan portfolio and manage priorities to meet deadlines successfully.
• Coding / application development skills a plus.
• Desire to work in an agile environment for a fast-growing financial institution.
• Competency in understanding CRE loan documentation.
• Experience with SBA and Construction Lending a plus.

Skills

• Detail Oriented: Advanced
• Analytical: Advanced

Behaviors

• Thought Provoking: Capable of making others think deeply on a subject
• Functional Expert: Considered a thought leader on a subject

Motivations

• Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization
• Goal Completion: Inspired to perform well by the completion of tasks

Education

Bachelors or better in Finance or related field.

Experience

2+ years in Commercial Lending, including familiarity with business and personal tax returns and/or financial statements.