Senior Commercial Finance Analyst
3 weeks ago
The estimated annual salary for this position is $80,000-$110,000.
At Blue Foundry Bank, we're revolutionizing the banking industry with our bold approach and commitment to innovation. As a key member of our team, you'll play a crucial role in supporting the underwriting, analysis, and management of commercial loans.
About UsWe're a bank that gets things done, driven by a passionate team of movers, shakers, and makers. Our comprehensive compensation package includes medical, dental, and vision coverage; life insurance; short- and long-term disability insurance; 401(k)/Roth with company match up to 5%; paid time off; 11 paid holidays; employee referral bonus; and educational reimbursement.
Key Responsibilities- Evaluate financial statements, market data, and property performance to assess the creditworthiness of borrowers and loan requests.
- Collaborate with the Head of Commercial Banking to ensure loan transactions align with Blue Foundry's risk appetite and regulatory guidelines.
- Conduct research by analyzing white papers, monitoring economic trends, and writing summaries to support strategic decision-making and business planning.
- Identify leads for CRE and C&I loans using web-based tools and databases, and track new leads generated through research, phone, and online inquiries.
- Prepare materials for monthly Board presentations, including analysis and data gathering, working closely with the Head of Commercial Banking.
To succeed in this role, you'll need:
- A bachelor's degree in finance, accounting, economics, business administration, or a related field.
- 2-4 years of experience in commercial lending, credit analysis, or a related financial services role.
- Advanced Excel skills, including aggregation and finance functions, data visualization, lookup formulas, and pivot tables.
- Strong financial analysis and underwriting skills, with the ability to interpret complex financial statements and cash flow projections.
- Proficient in conducting research on industry trends, economic conditions, and competitive landscapes.
We're committed to providing a supportive and inclusive work environment that allows our employees to thrive. Our benefits package includes:
- Medical, dental, and vision coverage.
- Life insurance.
- Short- and long-term disability insurance.
- 401(k)/Roth with company match up to 5%.
- 12 weeks of paid parental leave.
- Flexible work arrangements.
- Mental health resources.
- Professional development opportunities.
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