Job Type: Full-time
Location: Parsippany, NJ
Summary: Under general supervision, but according to established policies and procedures, conducts complex credit investigations and in-depth analysis on Commercial and Industrial (C&I), Leveraged (cash flow) Lending and Asset Based Lending (ABL) type credit requests. There will be some exposure to US Small Business Administration (SBA) credit requests. Provides timely and collaborative support to the Loan Department while reviewing commercial credit requests. Makes appropriate recommendations on loan structure, reporting requirements, etc. to protect the Bank’s interests. Prepares comprehensive credit analysis memorandums that clearly and concisely summarize key findings. May assist in the training, development and mentoring of less experienced credit analysts. Provides any other assistance as requested.
Minimum/Essential Job Requirements:
A bachelor’s degree in business, finance, or accounting or equivalent training and experience, in order to be able to analyze financial statements and make evaluations
A minimum of four to five years of demonstrated ability in C&I, Leveraged Lending and/or ABL loan analysis
A high level of analytical ability to determine loan risk and recommend credit limitations
Must be able to successfully work on multiple priorities while adhering to strict deadlines or due dates
Ability to articulate thoughts in a clear, consistent and concise fashion (written and verbally)
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.