Credit Analyst

Commercial Real Estate Underwriter - Credit Analyst

Our mission is to create exceptional experiences for our customers that help them achieve their dreams, and we are looking for exceptional people who have the talent and passion to help us make those dreams come true.

Looking for a career with a great company culture, potential for growth, and the opportunity to make a difference in the lives of others? At North American Savings Bank (NASB), we deliver best-in-class customer service and the right financial solutions to help our customers achieve their dreams, whether it's buying their first home, planning for retirement, or anything in between. We believe that exceptional customer service starts by cultivating an exceptional work culture-one that recognizes and rewards hard work, provides the right tools for success, and believes that healthy, happy associates are the foundation of a strong organization. NASB has been in business for over 92 years, and our rapid growth means we are looking for new team members who want to grow with us!

We are currently looking for a Credit Analyst to join our Commercial Lending team.

Job Summary

This role is responsible for underwriting more complex commercial real estate construction and residential construction transactions with autonomy. This role has the ability and knowledge to underwrite every commercial loan transaction that the bank offers. Additional responsibilities included assisting with the mentoring of junior analysts, process improvement support, assisting in administrative functions as needed and helping inform operations management via various reports. This position can be a level II or Senior, depending on experience.

What you can expect to work on

• Administration/Reporting

• Assists in preparing and ordering appraisals and inspections for all the loan products.

• Responsible for preparing various commercial real estate reports.

• Assists in completing Criticized Asset Reports (CARs).

• Analysis/Due Diligence

• Review borrower financials, spread and complete more complex analysis within Sageworks.

• Responsible for completing Phase I and Lease Reviews

• Review appraisals and analyze real estate performance.

• Underwriting/Loan Reviews

• Responsible for underwriting CRE, CRE construction, and land, lot and development transactions dependent on size and complexity.

• Assists in underwriting residential construction and IRA loan transactions

• Responsible for more complex loan reviews dependent on size and complexity.

• Customer Service

• Ensure excellent and proactive customer service when interacting with internal/external customers, and management.

• Address inquiries or issues within a timely manner.

• Other Responsibilities

• Responsible for maintaining SLA, quality, and productivity measures.

• Assists in reviewing CA I spreads and memorandums.

• Assists management in audit / exam support

• Assists management with large department initiatives involving systems, processes, and procedures.

• Assists in completing collateral inspections as needed.

What you offer us

Education/Experience:

• Bachelor's degree or other formal education preferred (with a focus on business, finance, risk management, or other similar area)

• Five to ten years' experience in commercial real estate underwriting, commercial loan underwriting, construction administration or other related experience.

• Excellent knowledge of commercial real estate lending, regulations and compliance.

Skills:

• Can manage and prioritize a pipeline of transactions to underwrite with autonomy.

• Highly proficient knowledge and understanding of bank systems, technology, and processes.

• Excellent customer service skills.

• Excellent mathematical, problem-solving, and critical thinking skills.

• Excellent written and verbal communication skills: ability to effectively interact with individuals in all areas of the bank.

• Excellent time management and organizational skills - must be detail-oriented and thorough.

• Can easily adapt and/or align with the evolving landscape and business changes.

• Ability to foster a culture of continuous learning and positive professional development to others.

• Ability to take initiative and be proactive within their work.

Work Environment

• This position will be a hybrid-based schedule with a combination of in-office and remote work.

What we offer you

NASB offers competitive compensation and excellent benefits packages, including:

• Comprehensive health insurance options including medical, dental, and vision coverage.

• 401(k) retirement plan with immediate employer match.

• Generous paid vacation, sick and personal days. Plus, enjoy a bonus day off for your birthday!

• Exclusive mortgage and banking benefits.

• Paid holidays, volunteer time off, and free parking at NASB facilities.

• Employee referral bonuses and internal training programs to help reach your career goals.

If you have any questions, please contact jobs@nasb.com

Note: This job description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as may be required. The employer has the right to revise this job description at any time. The job description is not to be construed as a contract for employment.

North American Savings Bank (NASB) is an Equal Opportunity/Veterans/Disabled Affirmative Action employer.