Senior Credit Analyst, Socially Responsible Lending

1 week ago


New York, New York, United States Amalgamated Bank Full time
About the Role

As a Commercial and Industrial Credit Underwriter III, Community Development Financial Institutions at Amalgamated Bank, you will have the opportunity to work with a team of passionate professionals who are dedicated to supporting socially responsible lending. Our mission is to provide financing solutions to organizations that align with our values, including foundations, unions, social advocacy groups, progressive companies, and renewable energy projects.

Key Responsibilities:

  • Meet with potential borrowing customers to determine credit needs and develop appropriate loan structures that meet the clients' needs and the bank's requirements.
  • Prepare comprehensive credit memorandums that provide rationale, opinions, and in-depth analysis of new credit requests.
  • Assist in the presentation of transactions to the credit committee in support of approval.
  • Maintain a good working knowledge of the bank's lending policies and procedures and identify exceptions to credit policy.
  • Recommend appropriate risk ratings in accordance with credit policy guidelines.
  • Attend meetings and/or conference calls on transactions, lead due diligence discussions, and develop deal indicative term sheets and deal screen presentations.
  • Monitor and evaluate ongoing compliance with financial covenants and reporting requirements.
  • Assist in quarterly and annual credit reviews as needed.

Requirements:

  • Bachelor's degree in accounting, finance, or a related field with proven academic excellence; MBA preferred.
  • Formal credit training and a minimum of six (6) years of underwriting and/or portfolio management experience within a commercial banking lending environment.
  • Knowledge of C&I experience for middle to large markets, non-profit organizations, CDFIs, C&I solar energy lending, project finance, and/or tax equity structures preferred.
  • Passion to support socially minded organizations.
  • Highly proficient financial analysis skills, including financial modeling and understanding of financial data, e.g., balance sheets, income statements, cash flow statements, financial ratios, etc.
  • Strong verbal, written, inter-personal, and public presentation skills.
  • Proven organizational skills; able to work independently and be detail-oriented.
  • Ability to work well on a team with different personalities, adjust quickly to various work situations, and remain composed under pressure/in stressful situations.
  • Ability to work on multiple long-term transactions simultaneously and prioritize assignments to meet deadlines.


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