The Credit Products Officer is responsible for preparing complete and accurate credit analyses for Corporate and Industrial (C&I) or Commercial Real Estate (CRE) loan requests, ensuring they meet business partner needs, customer expectations, regulatory requirements, and industry best practices. The role also involves protecting the Bank by objectively assessing borrower risks and managing a loan portfolio.
Requirements
- Must have good accounting skills developed through formal college undergraduate courses (through intermediate accounting) or through acceptable alternative means such as AIB.
- 7-9 Years of credit experience required
Responsibilities
- Determine Risk Ratings - Confirm the Industry Risk Rating (IRR) and Hold Limits as well as determine Borrower's Risk Rating (BRR) using the tools / matrices provided by the bank.
- Prepare Spreads - Prepare spreads in Moody's Risk Origins (C&I) or Excel based sizing templates (CRE) to aid Relationship Manager and Line Management in determining whether to move forward with a request.
- Perform borrower financial analysis - Review and analyze borrower financial information including: corporate financial statements, tax returns, and accounts payable and accounts receivable aging to determine borrower financial condition and develop cash flow analysis.
- Perform guarantor financial analysis - Review and analyze personal financial information for guarantors including personal financial statements, tax returns, real estate owned schedules, and liquidity statements to determine financial strength of guarantor.
- Review and analyze all 3rd party reports - Obtain all 3rd party reports and include findings in analysis of financial condition of borrower or guarantor.
- Complete Credit Approval Memorandum and electronic approval memorandum - Draft approval narrative in MS Word and enter the deal into the approval system (e-CAM).
- Manage financial ticker items: Collect and review financial statements and covenant compliance and borrowing base worksheets from corporate customers.
Other
- Bachelor's Degree 4 year college degree in business related field, or other acceptable alternative field required
- Candidates residing in locations within BankUnited's footprint may be given preference.
