Job Description
Are you a detail-oriented finance professional looking for a challenging career in Newark, NJ? Newark Financial Group is currently seeking a highly skilled Credit Analyst to join our expanding team. This is a remote-friendly position, offering the flexibility to work from our modern Newark office or from the comfort of your home.
We pride ourselves on our robust risk management framework and our commitment to employee growth. As a Credit Analyst, you will play a pivotal role in evaluating creditworthiness and maintaining the financial health of our diverse portfolio.
Responsibilities
- Conduct comprehensive analysis of borrower financial statements, tax returns, and credit applications to assess creditworthiness.
- Prepare and maintain detailed credit memos and risk reports for internal review and board presentations.
- Monitor existing loan portfolios to identify early warning signs of financial distress.
- Utilize financial modeling techniques to forecast cash flows and evaluate repayment capacity.
- Collaborate with loan officers and underwriters to structure loans that align with company risk appetite.
- Ensure compliance with all internal credit policies and regulatory requirements.
- Stay updated on industry trends and economic indicators affecting the local market.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree preferred).
- Minimum of 2-3 years of experience in credit analysis, risk assessment, or commercial lending.
- Strong proficiency in Microsoft Excel, including pivot tables and complex formulas.
- Experience with loan origination systems or ERP software (e.g., SAP, Oracle, FIS) is a plus.
- Excellent analytical skills with a keen attention to detail.
- Strong verbal and written communication abilities.
- Ability to work independently in a fast-paced, deadline-driven environment.