Loan Review Analyst

About the position This position will be a key part of a team responsible for the independent evaluation of CHFA’s commercial loan portfolio to assess and manage portfolio risk. The Loan Review Analyst (LRA) is primarily responsible for analyzing cash flow, collateral coverage, and the effect of market conditions on CHFA’s existing commercial loans in a loan review format. This includes a detailed credit quality review and analysis of the financial performance of the operating entity; determining repayment risk; understanding and conveying underlying market conditions; assigning credit quality loan grades; and recommending appropriate internal loan monitoring steps. When necessary, the LRA will provide a comprehensive review of the financial strength of the underlying guarantors on commercial loans. The LRA may also participate in conducting physical site inspections for existing loans and evaluating new credits prior to loan approval. The Loan Review Analyst will identify under-performing loans and look for specific trends negatively impacting these loans; coordinate with the Commercial Workout Officer(s) on specific loans; request and obtain YTD and year-end financial statements as needed; request updated real estate evaluations from the Staff Appraiser as needed; coordinate and solicit input from Asset Managers and/or Commercial Production Groups; and effectively communicate loan review findings to Manager (directly and through an existing tracking system). The LRA is responsible for completing financial spreading of audits and reviewing tax returns/personal financial statements; maintaining the financial statement dashboard; reviewing the New Market Tax Credit (NMTC) and USDA loan portfolios; maintaining a database of all under-performing loans; reviewing project stabilization requests for projects converting from construction, evaluating the concentration of credit for sponsors on pipeline loans and quarterly analysis for existing loans to CHFA board members, preparing the monthly Loan Loss Reserve (LLR) analysis; a quarterly assessment of the LLR methodology; uploading completed loan reviews to OnBase; updating the loan tracking system, and special projects as directed.

Responsibilities

• Analyzing cash flow, collateral coverage, and the effect of market conditions on CHFA’s existing commercial loans in a loan review format.
• Detailed credit quality review and analysis of the financial performance of the operating entity
• Determining repayment risk
• Understanding and conveying underlying market conditions
• Assigning credit quality loan grades
• Recommending appropriate internal loan monitoring steps
• Provide a comprehensive review of the financial strength of the underlying guarantors on commercial loans, when necessary
• Participate in conducting physical site inspections for existing loans and evaluating new credits prior to loan approval
• Identify under-performing loans and look for specific trends negatively impacting these loans
• Coordinate with the Commercial Workout Officer(s) on specific loans
• Request and obtain YTD and year-end financial statements as needed
• Request updated real estate evaluations from the Staff Appraiser as needed
• Coordinate and solicit input from Asset Managers and/or Commercial Production Groups
• Effectively communicate loan review findings to Manager (directly and through an existing tracking system)
• Completing financial spreading of audits and reviewing tax returns/personal financial statements
• Maintaining the financial statement dashboard
• Reviewing the New Market Tax Credit (NMTC) and USDA loan portfolios
• Maintaining a database of all under-performing loans
• Reviewing project stabilization requests for projects converting from construction
• Evaluating the concentration of credit for sponsors on pipeline loans and quarterly analysis for existing loans to CHFA board members
• Preparing the monthly Loan Loss Reserve (LLR) analysis
• Quarterly assessment of the LLR methodology
• Uploading completed loan reviews to OnBase
• Updating the loan tracking system
• Special projects as directed

Requirements

• Working knowledge of real estate lending principles that incorporate the following: financial feasibility, credit risk and trend analysis, market concentration, and commercial loan underwriting.
• Some knowledge of NMTC, USDA, and Housing Tax Credit programs.
• Excellent problem-solving and analytical skills with the ability to work independently.
• Proficiency in the use of PC-based applications including, but not limited to Microsoft Word and Excel.
• Ability to communicate, both orally and in writing, in an effective and diplomatic manner.
• Strong and ethical decision-making skills
• Strong customer service skills
• Effective leadership skills
• Ability to continuously improve and develop knowledge and skills, while adapting quickly to changing circumstances and processes
• Ability to work towards inclusion in all activities and decisions through the solicitation and appreciation of diverse perspectives
• Ability to exercise personal accountability in all activities and decisions
• Ability to embrace a culture of operational excellence to ensure processes are continually evaluated and improved as necessary
• Ability to operate with a sense of integrity
• Ability to have fun with a demonstrated sense of humor
• Ability to establish rapport with people of diverse ethnic, racial, and cultural backgrounds
• Requires a Bachelors degree in finance, accounting or a related field.
• The qualified candidate should have a minimum of five (5) years of comprehensive experience in a financial institution with an emphasis on credit analysis or commercial loan underwriting.
• Strong credit skills are a must – must be proficient in reading and analyzing business and personal financial statements and tax returns, and other financial information.

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