Job Description
We are seeking a highly skilled and analytical Credit Analyst to join our finance team in Jersey City, NJ. In this pivotal role, you will be responsible for evaluating the creditworthiness of potential and existing clients, ensuring our financial risk remains within acceptable limits while driving business growth.
Why Apply:
- Competitive Compensation: $65k - $85k base salary.
- Modern Benefits: Comprehensive health, dental, and vision coverage.
- Professional Growth: Access to ongoing training and career advancement opportunities.
- Dynamic Culture: Work in a collaborative, high-performance environment in the heart of Jersey City.
Responsibilities
- Perform comprehensive credit analysis on loan applications, including reviewing financial statements, tax returns, and cash flow projections.
- Assess and mitigate credit risk by developing and maintaining credit scoring models and internal guidelines.
- Prepare detailed credit memos and risk reports for senior management and loan committees.
- Monitor the financial health of existing clients to identify early warning signs of default.
- Communicate credit decisions and policy explanations effectively to clients and internal stakeholders.
- Collaborate with sales and underwriting teams to structure deals that balance risk and reward.
- Stay abreast of industry trends, regulatory changes, and economic indicators.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- 2-4 years of professional experience in credit analysis, risk assessment, or commercial lending.
- Strong proficiency in MS Excel (Pivot Tables, VLOOKUP) and financial modeling software.
- Experience with credit reporting agencies (e.g., Dun & Bradstreet, Equifax) and ERP systems.
- Exceptional analytical thinking and problem-solving skills.
- Excellent written and verbal communication abilities.
- Ability to work under pressure and meet tight deadlines.