What are the responsibilities and job description for the Credit Analyst/Commercial Underwriter position at 44 Oak Capital?
Overview
We are seeking a detail-oriented and analytical Credit Analyst to join our financial team. The ideal candidate will be responsible for evaluating credit data and underwriting commercial real estate loans, financial statements, or companies to determine the risk involved in lending money or extending credit. This role requires strong analytical skills, proficiency in financial software, and the ability to forecast financial trends.
Duties
- Conduct thorough financial analysis to assess creditworthiness of applicants.
- Prepare detailed reports on loan origination and recommendations based on quantitative research.
- Perform cash flow analysis to evaluate the ability of clients to meet their financial obligations.
- Write comprehensive financial reports that summarize findings and support lending decisions.
- Utilize mathematical skills to analyze data and identify trends in credit applications.
- Collaborate with other departments to ensure accurate assessment of potential loans.
- Monitor existing credit portfolios and provide insights for portfolio management.
- Engage in equity research as needed to support investment decisions.
Requirements
- Bachelor’s degree in Finance, Accounting, or a related field is preferred.
- Strong analytical skills with experience in financial analysis and report writing.
- Proficiency in financial software tools for data analysis and reporting.
- Excellent math skills for accurate calculations and assessments.
- Experience with loan origination processes is preferred but not mandatory.
- Ability to conduct quantitative research effectively.
- Familiarity with cash flow analysis techniques is a plus.
- Strong communication skills to present findings clearly and concisely.
Join our team as a Credit Analyst and contribute to our mission of providing sound financial solutions while enhancing your career in the finance industry.
Job Types: Full-time, Part-time, Contract
Pay: $50,000.00 - $75,000.00 per year
Benefits:
- Paid time off
Work Location: Hybrid remote in Parsippany-Troy Hills, NJ 07054
Salary : $50,000 - $75,000