Commercial Real Estate Credit Officer

GENERAL FUNCTION

This position is responsible for evaluating underwriting and recommending approval or denial of commercial real estate loan applications. Involves in-depth credit analysis risk assessment and structuring of loans for properties such as multifamily office retail industrial and construction projects. Ensure compliance with bank policies regulatory requirements and sound lending practices while supporting the banks portfolio growth and risk management objectives.

MAJOR DUTIES AND RESPONSIBILITIES

• Conduct thorough underwriting of CRE loan requests including analysis of borrower financial statements tax returns personal financial statements credit reports and guarantor strength.
• Evaluate property-level risks through review of appraisals environmental reports title searches market analyses and third-party due diligence reports.
• Perform cash flow analysis e.g. Debt Service Coverage Ratio Loan-to-Value stress testing and sensitivity analysis to assess repayment capacity and collateral adequacy.
• Prepare detailed credit memorandawrite-ups summarizing findings risks mitigants and recommendations for loan approval structuring covenants and pricing.
• Recommend loan approvals denials or modifications within delegated authority assist in presentation of complex deals to Directors Loan Committee.
• Monitor existing CRE portfolio for compliance with covenants early warning signs and risk rating accuracy conduct annual reviews and renewals.
• Collaborate with relationship managers and originators to structure deals that meet borrower needs while adhering to risk parameters.
• Ensure adherence to regulatory guidelines e.g. Basel FDIC interagency CRE guidance and internal credit policies.
• Assist in portfolio management including problem loan identification and workout strategies when necessary.
• Stay current on CRE market trends property types economic conditions and industry risks.

JOB QUALIFICATIONS

• Bachelors degree in Finance Accounting Business Administration Economics or a related field
• Masters degree or professional certifications e.g. CFA CPA or Credit Risk Certification preferred
• Minimum 5-7 years of experience in commercial real estate credit underwriting analysis or lending within a bank credit union or financial institution
• Proven track record in underwriting various CRE asset classes multifamily retail office industrial constructiondevelopment loans
• Strong knowledge of CRE lending regulations risk rating systems and financial modeling

REQUIRED SKILLS

• Advanced financial analysis skills including spreading financials ratio calculations and cash flow projections proficiency in Excel required
• Excellent written and verbal communication skills for preparing credit reports and presenting to committees
• Strong analytical and critical thinking abilities with attention to detail
• Ability to manage multiple deals in a fast-paced environment while meeting deadlines
• Proficiency in credit software underwriting tools and Microsoft Office Suite
• High ethical standards and commitment to compliance