Sr. Credit Analyst -CRE - Phoenix Arizona

Company: Disability Solutions
Location: Phoenix, Arizona
Posted On: 05/17/2024

Job Title:Sr. Credit Analyst -CRELocation:CityScapeWhat you'll do:The position of Sr. Credit Analyst is responsible for completing various covenants tests for the bank's clients as they become due. They will complete/review financials spreads, needed to test covenants as detailed in the Business Loan Agreements (BLA) . Following the definitions of the various test in the BLA, they will prepare and provide a final report to the loan officers with supporting explanation of the logic used in his/her findings to the loan officer to for final approval of the tests. These covenant tests can be done monthly, quarterly, semi-annually or annually as agreed by the bank's client. The analyst will also review covenants tests completed by junior analysts and provide guidance and corrections as needed. Covenant tests include Debt Service Coverage Ratio, Out of debt period, Maximum Debt to Tangible Net worth, Minimum Liquidity, etc.What we are looking for: Responsibilities:

• Performs financial statement analysis, typically involving complex relationships.
• Work closely with lending personnel as needed to insure accurate testing results using all required variables.
• When needed, use various bank systems to obtain information required for the various tests.
• Maintain completed covenant tests using Credit Lens software.
• Maintain covenant tracking reports detailing progress/completion of covenant tests.
• Ability to explain and defend logic used to complete the testing and obtain approval from the appropriate loan officer.
• Provide training and assistance to junior analysts when preparing covenant tests.
• Communicate declining trends in a proactive approach to surface potential issues with bank's clients to the loan officers.Qualifications:
  • Bachelor's degree (BA) from a four (4) year college or university, and minimum of two (2) years or more related experience and/or training; or the equivalent combination of education and experience.
    • Work related experience should consist of good knowledge of financial spreading programs such as Moody's Risk Analyst/Credit Lens with strong understanding of financial statement analysis.
    • Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.
    • Strong problem-solving skills.
    • Ability to spread complex financial statements and tax returns and applying results to complete covenant test as required.
    • 2-3 year's experience in spreading financial statements with good knowledge of cash flow calculations.
    • Strong organizational and time management skills.
    • Ability to work with minimal or no supervision while performing duties.#LI-JM3Benefits you'll love:We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!About the company:Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation More...

          

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