NewYorkRecruiter Since 2001
the smart solution for New York jobs

Credit Analyst (Sr.) - Commercial Real Estate

Company: Popular
Location: New York
Posted on: February 25, 2021

Job Description:

Founded in 1893, Popular Inc. has been built upon strong institutional values while providing broad financial services within the United States, Puerto Rico, and the Caribbean. We strive to create an extraordinary legacy with a passion for customer service, tremendous dedication to our employees, and strong partnerships in the communities where we reside. Come explore Popular--- Our bottom line is you. We are looking for a senior Commercial Real Estate credit analyst to join our Commercial Banking Team in New York, NY. In this position you will be responsible for the support of quality loan origination and the full assessment of CRE credits associated with Multifamily Residential Mortgages, Mixed-Use Mortgages, Commercial Mortgages and Construction Loans.--
-- In this position, you will:

  • Perform thorough evaluations on various types of commercial real estate of varying sizes, but mainly on assets greater than $5MM with most between $5MM to $20MM.
  • Work with Relationship Managers to resolve property/borrower issues that arise during the underwriting process.
  • Utilize financial models for real estate transactions and analyze the ratios and values produced by the models for preparation of credit approval memorandums.
  • Conduct reviews of third-party reports including appraisals completed by third-party appraisers and Environmental reports. Review appraisals for accuracy and communicate with the bank's in-house appraiser (in charge of the bank's appraisal process) to resolve deficiencies on the report with third-party appraisers.
  • Analyze loans relative to the loan structure, cash flow (historical and projected), rent rolls and leases, collateral, market/neighborhood, guarantor, and overall strengths and weaknesses of the deal. For construction loans, analyze the Development Project, Developer's experience, Construction Budget and Engineer's Plan and Cost Report, among others.
  • Provide opinions as to the creditworthiness of the Borrower and assess the Borrower's appropriate risk rating based on the bank's criteria.
  • Prepare well-organized, thorough, and concise written credit memorandums on new loans, renewals, extension, and modifications for approval.--
  • Participate in weekly Credit Pipeline meeting to provide status on assigned deals.
  • Assist in portfolio management activities such as completing Annual Financial Updates and Loan Management Reports on existing borrowers.
  • Perform other underwriting related activities as directed by the Senior Credit Officer including screening new deals, among others.
    To be considered, you will need:
    • Minimum 5-7 years of current experience in Commercial Real Estate Underwriting required. Construction underwriting experience a plus. C&I experience (with owner-occupied Real Estate) a plus.
      Computer literate; fluency in Microsoft Office programs, particularly Excel analysis required.
    • Strong verbal, written, and interpersonal skills.
    • Effective report writing and other written communication skills.
    • Detailed-oriented and organized.
    • Ability to solve problems, make decisions, juggle underwriting of multiple deals, prioritize tasks, and meet required deadlines.
    • Ability to highlight loan risks or any problems or questions during the deal underwriting phase and prior to finalizing the analysis.
    • Ability to make decisions quickly and confidently based upon the analysis.
    • Ability to work independently with minimal supervision.
    • Clear verbal communication with internal customers as well as external customers and third-party participants (as needed).
    • Ab i lity to establish and mainta i n effective work relat i onsh i ps both i nternally and externally. Please consider joining our DYNAMIC, friendly team! It takes only a few minutes to check-out this great opportunity and apply!

      We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

      To learn more about Popular, visit our website at www.popularbank.com .--

      Connect with us!

Keywords: Popular, New York , Credit Analyst (Sr.) - Commercial Real Estate, Professions , New York, New York

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Professions Jobs


Electrician Apprentice
Description: Lane Valente Industries offers a broad range of solutions that help multi-site organizations reduce costs through energy reduction, facility maintenance and value engineering. Our solutions have uncovered (more...)
Company: Lane Valente Industries
Location: Smithtown
Posted on: 02/28/2021

Freight/Receiving
Description: Position Purpose: Associates in Freight/Receiving positions ensure the store is stocked
Company: The Home Depot
Location: Shirley
Posted on: 02/28/2021

Flatbed Truck Driving Job - Rider Policy Available
Description: HIRING COMPANY FLATBED DRIVERSREGIONAL AND OTR POSITIONS AVAILABLEEARN MORE IN YOUR FIRST 6 MONTHS WITH US, OR WE'LL GIVE YOU 3,500 COTC was built by flatbed drivers and still managed by flatbed drivers. (more...)
Company: Central Oregon Truck Company
Location: Westport
Posted on: 02/28/2021


Weekend (Night) Maintenance Supervisor
Description: Company Description br br The Nature's Bounty Co. is now The Bountiful Company The Bountiful Company is a global leader in health and wellness, living at the intersection of science and nature. As (more...)
Company: The Bountiful Company
Location: Bohemia
Posted on: 02/28/2021

CDL Drivers: Find The Best Trucking Job
Description: Hiring CDL drivers in your area. Apply once and choose a trucking job that works for you. Get home when you want to, and get paid what you deserve br Available Trucking Jobs: br
Company: Live Trucking
Location: Westport
Posted on: 02/28/2021

MetroPlus Health Plan: Provider Maintenance Representative I
Description: Job DescriptionAbout
Company: MetroPlus Health Plan
Location: Holtsville
Posted on: 02/28/2021

Class A CDL Truck Drivers
Description: Job DescriptionLIMITED TIME U.S. Xpress is offering NEW dedicated opportunity with an
Company: U.S.Xpress
Location: Westport
Posted on: 02/28/2021

CDL A Truck Driver
Description: Hiring CDL drivers in your area. Apply once and choose a trucking job that works for you. Get home when you want to, and get paid what you deserve br Available Trucking Jobs: br
Company: Live Trucking
Location: Holtsville
Posted on: 02/28/2021

Weston School Bus Driver
Description: Now Hiring Part-Time School Bus Drivers in Weston, CT br At First Student, our Bus Drivers are an integral part of the communities they serve. They are committed to safety, customer service and have (more...)
Company: First Student
Location: Westport
Posted on: 02/28/2021

.65 CPM Home Weekly - CDL A Truck Driver
Description: Call Smith Today at 855 396-7493 br br Bedford Shourt Haul br br bull Home Weekly 2 Days bull .65 CPM Loaded and Empty br bull Per Diem Tax Advantage
Company: Smith Transport, Inc.
Location: Brookhaven
Posted on: 02/28/2021

Log In or Create An Account

Get the latest New York jobs by following @recnetNY on Twitter!

New York RSS job feeds