Credit Risk Analyst

Full-time
Hicksville, NY, United States - Corporate/Back-Office - Posted Dec 5, 2019
Requisition Number: 190000XC

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Description

JOB SUMMARY

Responsible for performing analysis of financial statements for income producing multi-family and commercial mortgage loans. The Credit Risk Analyst will be responsible for investigating why performing real estate loans are not achieving the expected debt service coverage ratio in addition to performing risk rating analyses via the CRE Risk Rating scorecard. Will be assigned a high volume of Risk Weighted Asset loans.


ESSENTIAL FUNCTIONS

Analyzes property financial statements, balance sheets, income & expense statements, rent rolls, etc. to generate NOI and DSCR in the production of the financial analysis. Compares current analysis to previously completed reviews and reports major changes/trends to Financial Specialist Supervisor. Perform site inspections as needed. Enters data into the Mortgage Income and Expense (MIE) system relative to satisfactory/required debt service coverage in order to complete I&E analyses, and advises Financial Specialist Supervisor of findings if debt service coverage is not adequate. Review and interpret cash flow and operating financial statements of guarantor(s). Complete risk rating scorecards based on financial analyses and other risk factors such as sponsor strength, property condition & tenant stability. Performs in-depth reviews of loans designated *High Profile* loans including the analysis of financials and completion of risk rating scorecards. Actively monitor the financial performance of all assigned loans within the portfolio. Communicates with borrowers, managing agents, loan officers, controllers, attorneys and brokers as needed to clarify information. Acts as a subject matter expert and assists with colleague's income & expense reviews and risk rating scorecards. Provides assistance and backup to Financial Specialist Supervisor on a wide variety of assignments and reports. Other matters requiring special attention as directed by the Financial Specialist Supervisor, Director of I&E Analysis, or Director of Credit Risk Management. Performs special projects, and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.


Education and experience

Bachelor's Degree or Master's Degree in Business Administration, Finance or Accounting Lending, Asset Management, and/or workout experience in C&I, MF, and CRE a plus. Ability to multitask.


Knowledge, skills and abilities

Knowledge of credit risk, lending, and asset management concepts. Knowledge of regulatory laws and regulations related C&I MF & CRE lending. Strong analytical and problem solving skills. Detail oriented with excellent organizational and project management skills. Excellent interpersonal, written and verbal communication skills. Ability to travel occasionally, as needed. Proficiency in Word, Excel, and PowerPoint.


ABOUT NEW YORK COMMUNITY BANK.

Based in Westbury, NY, New York Community Bancorp, Inc. is the parent of a New York State-chartered bank - New York Community Bank. At September 30, 2019, the Company had assets of $52.5 billion, deposits of $31.6 billion, and stockholders' equity of $6.7 billion.


Our bank subsidiary features a divisional structure. New York Community Bank serves customers through 239 branches encompassing eight divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. With a longstanding reputation of strength, stability and service, NYCB is proud to be committed to the communities it serves.


Branch Out and help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around be sure to let them know how they can become a part of the NYCB family.


NYCB is an equal opportunity employer that prohibits discrimination in hiring or terms and conditions of employment on the basis of race, color, age, sex, national origin, ethnicity, religion, marital status, disability, military status, veteran status, domestic violence victim status, gender identity or expression, sexual orientation, genetic information or any other classification protected by the federal, state, and local laws and ordinances.


This policy is applicable to all terms and conditions of employment including, but not limited to: recruitment and selection, promotion and demotion, transfer, training and development, compensation, benefits, leaves of absence and termination. When necessary, NYCB will reasonably accommodate employees and applicants with disabilities or with religious requirements necessitating accommodation.


In addition, NYCB complies with all applicable laws which govern nondiscrimination in employment in every location in which NYCB does business.

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