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Credit Analyst | New York, NY

Credit Analyst | New York, NY
September 29, 2021 Chitra Sharma

International Bank in New York City is seeking a Credit Analyst to join their Credit Department. Requirements: Three to six years working experience in credit analysis, commercial banking product knowledge and bilingual fluency in Mandarin & English.

Credit Analyst Responsibilities:

  • Credit Analyst will review Front Office’s credit proposals and prepare credit review comments;
  • Conduct reviews on internal customer ratings initiated by the Front Office;
  • Successfully conduct credit analysis for all new proposals, perform periodic reviews for existing customers/exposures, process waivers/consents/amendments and conduct industry and customer research as needed;
  • Manage and maintain credit limits and their utilization, report irregularities to management and recommend remediation plans in the event the credit limit is breached or close to being breached;
  • Successfully engage in post-lending management, including collateral management for the existing customers and credit exposure;
  • Manage and maintain the Bank’s credit management information systems, and generate periodic reports from those systems and ensure the reports are produced accurately and on a timely basis;
  • Review credit system reports, notes, documents and report irregularities on a regular basis;
  • Coordinate with various departments and other internal or external parties on credit risk management related matters;
  • Review the credit commitment letter and legal documentation to ensure the final contract terms are consistent with the credit approval
  • Propose exit strategy/plan for Problem Assets;
  • Provide administrative support to the Credit Committee;
  • Additional Ad Hoc tasks assigned by the Department Head from time to time.

Credit Analyst Requirements:

  • Bachelor’s degree in Finance, Accounting, Economics or similar.
  • 3-6 years working experience in credit analysis, familiar with local industries and enterprises
  • Bilingual Fluency in Mandarin and English
  • Knowledge of commercial banking products, including loans, trade finance, counterparty business, etc.
  • Good knowledge of financial reports analysis, cash flow and ratio analysis
  • Understand credit issues in Basel, rating agencies, local regulations
  • Strong writing and communication skills.
  • Detail Orientated.
  • Good analytical and problem solving skills.