Commercial Real Estate Credit Analyst
Company: Kforce
Location: Kensington
Posted on: March 19, 2023
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Job Description:
A Kforce client is seeking to hire a Commercial Real Estate
Credit Analyst in Kensington, Maryland (MD).Responsibilities
include:* Monitors the queue for commercial loan applications and
follows up with applicants for the purpose of receiving required
application materials* Analyzes a loan applicant's credit
worthiness including an applicant's character, capacity,
collateral, capital and economic conditions; Reviews credit bureau
reports and credit score* Verifies information included on loan
application as necessary, and makes a recommendation to the account
officer or loan committee to approve or deny a loan* Documents
reason for a denied loan and issues written adverse action letters
to applicants within thirty days of application receipt* Fully
conversant in all aspects of the commercial loan policy and lending
processes* Consistently applies standard underwriting practices to
all credits, yields clear, and concise risk measures for
consideration by senior management* Prepares loan presentation
sheets, credit memos (both for initial credit evaluation and
periodic credit review) draft term sheets, and commitment letters
for account officer signature* Reviews legal documents for
adherence to approved loan terms and tracks all post-account
exceptions to assure timely receipt and execution of all documents,
policies, agreements, escrows, or other items required per the loan
approval and policy* Assigns and recommends risk ratings to each
credit at completion of underwriting, during annual credit reviews,
and upon identification of material adverse credit condition that
impair or threaten to impair repayment capacity* Prepares and
issues third party engagements for appraisal, Phase I, PCA reports,
and performs report reviews as appropriate* Associate's degree in
Business or related field of study* 5-8 years of experience in
approving credit or an equivalent combination of experience and
education* Experience with analyzing commercial real estate
mortgage loans and construction and rehab lines of credit up to
$15,000,000* Understanding and training in formal appraisal and ESA
report evaluation and analysis* Knowledge of construction draw
administration and evaluation* Knowledge of legislation,
regulations, policies, and procedures pertaining to lending
practices* Basic understanding of the collection process* Complete
knowledge of spreadsheet preparation, narrative underwriting,
credit memo preparation, and formattingThe pay range is the lowest
to highest compensation we reasonably in good faith believe we
would pay at posting for this role. We may ultimately pay more or
less than this range. Employee pay is based on factors like
relevant education, qualifications, certifications, experience,
skills, seniority, location, performance, union contract and
business needs. This range may be modified in the future.We offer
comprehensive benefits including medical/dental/vision insurance,
HSA, FSA, 401(k), and life, disability & ADD insurance to eligible
employees. Salaried personnel receive paid time off. Hourly
employees are not eligible for paid time off unless required by
law. Hourly employees on a Service Contract Act project are
eligible for paid sick leave.Note: Pay is not considered
compensation until it is earned, vested and determinable. The
amount and availability of any compensation remains in Kforce's
sole discretion unless and until paid and may be modified in its
discretion consistent with the law.This job is not eligible for
bonuses, incentives or commissions.Kforce is an Equal
Opportunity/Affirmative Action Employer. All qualified applicants
will receive consideration for employment without regard to race,
color, religion, sex, pregnancy, sexual orientation, gender
identity, national origin, age, protected veteran status, or
disability status.*Compensation Type:*Years*Minimum
Compensation:*70000.00*Maximum Compensation:*122000.00
Keywords: Kforce, Washington DC , Commercial Real Estate Credit Analyst, Professions , Kensington, DC
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