Credit Analyst

1 day ago


Pasadena, California, United States Amalgamated Bank Full time
About the Role

We are seeking a highly skilled Credit Analyst to join our team at Amalgamated Bank. As a Credit Analyst, you will play a critical role in analyzing financial statements, conducting due diligence, and assessing credit risk ratings.

Key Responsibilities
  • Analyze borrowers' financial position by interpreting and evaluating financial statements, tax returns, and projections.
  • Determine the proper risk rating for all facilities in accordance with credit policy guidelines.
  • Attend meetings and conference calls on new transactions and work with relationship managers and credit risk management in developing deal indicative term sheets and deal screen presentations.
  • Assist in the preparation of comprehensive credit memorandums that provide opinions and recommendations regarding proposed loans and potential risk and mitigants.
  • Conduct periodic credit annual reviews, including spreading of annual and interim financial statements, and credit analysis.
  • Perform covenant(s) compliance and manage the portfolio.
  • Assist in early identification, classification, and management of impaired credits.
  • Assist in presentation of transactions to credit committee in support of approval.
  • Review loan documentation for all underwritten or managed credits, prepared by internal or external counsel for covenant compliance and credit monitoring.
Requirements
  • Bachelor's degree in accounting, finance, or related field with proven academic excellence.
  • Excellent organizational skills and attention to detail.
  • Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines.
  • Strong analytical and problem-solving ability.
  • Strong communication and interpersonal skills.
  • Excellent team player.
  • Proficient in Microsoft Office, including Excel and Word.
  • Previous credit underwriting and/or banking experience a plus.
About Amalgamated Bank

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps, and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

As part of our commitment to health and safety, all team members currently working in our office space are required to show proof of vaccination. To be considered for any position at Amalgamated Bank where permitted by applicable law (including any applicable reasonable accommodation, medical or religious exemption), candidates must have received the COVID-19 vaccine prior to their start date. Upon commencement of employment, new team members must provide proof that they have been fully vaccinated against COVID-19.



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