Education Required: Bachelors Degree
Department: Lending - Loan Syndications NY
Experience Required: 3 - 5 Years
Job ID: 9780
Division: Financial Services
Hours of Work: Monday - Friday
Employment Type: Full-Time Regular
The responsibilities will include, but are not limited to:
Assisting in drafting credit approvals for loan renewals, restructures, or litigation.
Assisting in loan closing for renewals and restructures.
Managing a dedicated portfolio of loans as needed or assigned.
Assisting in relationship management of complex accounts.
Requesting and analyzing borrower reports (operating statements, rent rolls)
Completing internal covenant monitoring reports
Creating spreadsheets to illustrate project economics
Completing loan status reports and worksheets
Requires an understanding of real estate cash flows and operating statements for income-generating RE projects (office, industrial, retail, apartments).
Experience underwriting and funding construction loans.
Requires the ability to become familiar with internal processes and intranet platforms in which diligence reports are engaged, covenants are tracked, and property operating data is displayed.
Requires an understanding of loan documentation (credit agreement, deed of trust) and real property documentation (leases, title reports).
Bachelor’s degree in Accounting, Economics, Finance, Mathematics or commensurate experience in lieu of specific degree and 3+ years of related experience. Non-residential real estate banking experience is preferred.
Flexibility to perform both analytical and sometimes loan processing tasks
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.