Banking Associate

Associates assist in the underwriting of credits by spreading and analyzing financial statements. They prepare the underwriting documents for credit, facilitate the booking process, and assure credit files comply with bank policies and procedures.  Associates will work with Relationship Managers as well as contacting clients directly to resolve compliance related questions and inquiries. Associates handle a variety of credit documentation requirements in addition to reviewing noncompliance and past due status for assigned accounts. They will also review financial information, collateral and other assets to assess portfolio risk and profitability.  Associates prepare bi-weekly cash reports and monthly covenant compliance reports for review by the lending team.

 

Requirements:

 

Associates must be able to work independently in addition to providing leadership to Credit Analysts and other junior team members. They must have excellent verbal, written, and interpersonal communication skills.  Once on board, Associates must quickly gain a thorough knowledge of the bank operations and products as they will be working with internal and external Commercial Banking clients on banking issues. Associates must also be able to demonstrate the ability to potentially cross-sell a broad range of products and services as this is required for career progression. Exposure to commercial lending or direct related experience is highly desirable. Associates should be skilled with working complex transactions and loan workouts.  Associates should have a minimum of 3-5 years of commercial banking or related experience and a Bachelors degree or equivalent education preferably in Finance, Accounting, or Economics