Senior Credit Analyst

3 weeks ago


Chicago, Illinois, United States National Community Investment Fund Full time

National Community Investment Fund (NCIF) is a leading impact investor and Community Development Financial Institution (CDFI) dedicated to increasing access to responsible financial products and services in underserved communities.

As a key member of the Lending and New Markets Tax Credit (NMTC) teams, the Commercial Credit Underwriter/Credit Analyst will play a critical role in originating and participating in loans to real estate and operating companies nationwide.

The ideal candidate will possess a strong background in credit underwriting and financial analysis, with a passion for community development and a commitment to improving the lives of individuals in underserved communities.

Responsibilities will include:

Underwriting and Financial Analysis

Gather data and perform due diligence on borrowers/guarantors, including economic and industry assessments.

Analyze financial statements and create operating projections to perform financial statement analysis, cash flow analysis, repayment analysis, risk, and mitigation assessment.

Assist in credit write-ups and presentations at loan committee.

Assist in assessment of collateral.

Input data into loan management system, as needed.

Asset Management

Annual reviews of borrowers/guarantors, including evaluation of risk ratings.

Monitor projects during construction, including review of third-party construction reports, construction draws, and budgets.

Ensure compliance with legal agreements and cash flows consistent with financial projections.

Support control/loan servicing departments with post-close monitoring/reporting.

Qualifications:

Bachelor's degree (or comparable work experience), preferably in Business, Accounting, or Finance.

2-7 years of experience with credit underwriting/financial analysis.

Experience in banking, CDFI, NMTC, or lending departments and nonprofit organizations a plus.

Strong attention to detail and analytical skills.

Proficiency in MS Office, with strong expertise in MS Excel.

Ability to work in an entrepreneurial organization positioned to grow.

Ability to work on multiple projects simultaneously.

Demonstrated oral and written presentation skills.

Ability to work and communicate with varying levels of business stakeholders and technical teams.

NCIF is an equal opportunity employer and provides equal treatment and opportunity to all persons without regard to race, color, religion, national origin, sex, age, disability, veteran status, or sexual orientation, except where such distinction is required by law.


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