Job Description Summary
The Credit Analyst supports commercial lenders and underwriters with the analysis and entry of cash flow statements (historical and projected), rent rolls, collateral, market data and guarantor financials into commercial database. Assists in monitoring requests for and receipt of borrowers’ financial statements. Uploads supporting documentation and tracks/verifies compliance using standard tools and processes for Bank audits and exams.The Credit Analyst works collaboratively with the Line of Business and Portfolio Analysts to resolve data inconsistencies and incorrect or missing information to ensure the accuracy of market analysis and portfolio reporting.
Job Description
Primary Functions of the Position:
- Provide support to market Portfolio Managers and Underwriters as the initial Point-of-Entry for client financial data including financial statements, rent rolls, personal financial statements, and global cash flow.
- Generate various reports to track receipt and progression of financial reporting, covenant compliance, leasing status and quarterly periodic reviews.
- Gather market research by assembling information from various sources including CoStar, REIS and/or other data resources for quarterly market reporting
- Reviews and analyzes financial statements and interprets findings for the preparation of quarterly periodic reviews (QPRs) ensuring timely compliance with credit policy and procedure.
Education and Experience Requirements:
- Bachelor’s Degree in finance, accounting or related field, or equivalent combination of education and experience.
- 2-5 years of relevant direct commercial, cash management or private banking experience.
- General familiarity with CRE and/or C&I underwriting experience.
Essential Skills and Abilities:
- Ability to read, analyze and interpret complex financial and loan documentation.
- Demonstrated ability to clearly present analysis in a written and verbal manner.
- Ability to define problems, collect data, establish facts and draw valid conclusions.
- Knowledge of and experience using financial modeling for credit analysis.
- Advanced Microsoft excel skills and general proficiency using Microsoft Office suite.
Education
Work Experience
Certifications
Salary Range
Travel
Less than 25%Workstyle
ResidentThe total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
Skills Required
- Bachelor's degree in finance, accounting, business administration, or a related field, or an equivalent combination of education and experience
- 2-5 years of relevant direct commercial, cash management, or private banking experience
- General familiarity with commercial real estate and/or commercial and industrial underwriting
- Ability to read, analyze, and interpret complex financial and loan documentation
- Ability to clearly present analysis in written and verbal form
- Ability to define problems, collect data, establish facts, and draw valid conclusions
- Knowledge of and experience using financial modeling for credit analysis
- Advanced Microsoft Excel skills and general proficiency with Microsoft Office
What We Do
Founded in 1962 and a public company since 1983, Raymond James Financial, Inc. is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management. The firm's stock is traded on the New York Stock Exchange (RJF). Through its three broker/dealer subsidiaries, Raymond James Financial has approximately 8,400 financial advisors throughout the United States, Canada and overseas. Total client assets are $1.18 trillion (as of 9/30/2021). Raymond James has been recognized nationally for its community support and corporate philanthropy. The company has been ranked as one of the best in the country in customer service, as a great place to work and as a national leader in support of the arts.
