CFG Bank, based in Baltimore, Maryland, is a leading financial institution serving the national healthcare and multifamily markets. They are seeking a Junior Credit Analyst to evaluate and determine the credit risks of commercial clients through comprehensive analysis of financial statements, tax returns, and market assessments.
Responsibilities
- Analyze financial statements, tax returns, and cash flow reports for both businesses and individuals to assess creditworthiness for new borrowing requests
- Prepare credit approval packages and supporting reports to assist in decisionmaking. Participate in client discussions and calls as needed
- Conduct annual line renewals and term loan reviews, identifying deteriorating trends and advising loan officers and management on necessary followups to mitigate credit risk
- Evaluate borrower covenant compliance and reporting requirements on an ongoing basis
- Establish and maintain credit files, ensuring accuracy and compliance with bank policies
- Maintain a strong understanding of bank policies, legal and compliance requirements, and marketrelated risks associated with credit approvals
- Support credit administration functions, undertake special projects, and perform other assigned duties
- Ensure adherence to the Commercial Credit Policy by verifying compliance and documenting any exceptions
- Stay up to date on accounting pronouncements and financial analysis trends
- Adhere to all compliance and operational risk controls in accordance with company policies and regulatory standards
- Foster an inclusive and supportive environment in alignment with CFG Bank’s commitment to diversity and its core values
- Uphold internal control standards by addressing audit points and resolving issues raised by internal or external regulators
- Participate in Loan Analysis Department initiatives and complete additional responsibilities as assigned
Skills
- Bachelor's Degree in Accounting, Finance or Business Administration
- Basic knowledge of economic and accounting principles
- Strong verbal and written communication skills
- Ability to work independently and meet time commitments
- Working knowledge of Word and Excel
Benefits
- Employerprovided health benefits: medical insurance, dental & vision insurance, disability insurance, life insurance, mental health support services, wellness program & free fitness center onsite (for Baltimorebased employees)
- Paid time off: vacation days, sick leave, volunteer days
- Retirement plan: 401(k) with employer match
- Other compensation elements: Discretionary annual bonus and overtime pay for nonexempt positions
Company Overview
CFG Bank's value system has been focused on the quality of its human resources, customer culture and excellence. It was founded in 1992, and is headquartered in Casablanca, Grand Casablanca, MAR, with a workforce of 201-500 employees. Its website is https://www.cfgbank.com.