Fremont Bancorporation
Commercial Portfolio Analyst
Fremont Bancorporation, Livermore, California, United States, 94551
Title: CommercialPortfolio Analyst
Location: Livermore, CA
Hiring salary range: $31.94 - $41.18 per hour
Fremont Bank founded in 1964,
is one of the oldest independentlyowned banks in the Bay Area and is one of the top rated mid-tier banks in thenation.
Voted a Top Workplace for 2023 and for the past thirteen consecutive years, Fremont Bank has an immediate opening for a
Commercial Portfolio Analyst inLivermore, CA.
Position Overview
The
Commercial Portfolio Analyst
is responsible for monitoring of the Bank's CRE, MF, C&I, and Commercial FNMA portfolios within the Commercial Monitoring Department. Under the supervision of the Senior Manager - Commercial Credit Monitoring, the Analyst represents the Bank to clients from whom financial reporting is owed to the Bank, and completes analysis of financial information when received.
Role and Responsibilities
Commercial Portfolio Analyst responsibilities include: Identify financial reporting and monitoring covenants for newly originated loans and renewals and create covenants in nCino or similar databases housing all covenants. Delete covenants from tracking as loans are repaid Prepare and manage reporting of all covenants Lead client outreach efforts for all loan types including letter campaigns for CRE and MF and various contact methodologies (including letters, e-mail, telephone, and in-person contact) for C&I Review financial information when received to ensure completeness and upload information to nCino or similar database Track receipt of site inspections from Appraisal department and upload to database Complete Accounts Receivable / Accounts Payable analysis for asset-based C&I loans Contact clients with questions and issues requiring clarification Provide analysis results to Commercial Loan Servicing Coordinate with CRM to resolve over-advance issues with Borrowers Analyze all financial information as received. Analyses may include Baker Hill spreads, Buker's Tax Analysis, personal financial statement verifications and adjustments, business and global DSCR, business operating and covenant ratios, rent rolls, operating statements, and commercial leases Complete Annual Loan Reviews for CRE & MF loans within Bank's approved monitoring scope Complete FNMA MF Annual Loan Review Worksheet per FNMA guidelines and input analyses to FNMA web portal Complete Problem Loan Reports and Impairment Analyses for downgraded credits assigned to the Monitoring Group May serve as representative of the Monitoring Group at the Matured and Past Due meetings, and may work with CRM to resolve routine delinquencies not assigned to Special Assets for more complex resolution Minimum Qualifications
Bachelor degree in Business Administration / Accounting / Finance and/or equivalent work-related experience Minimum two to five years of experience in commercial lending, loan processing, credit analysis, banking, finance, or similar experience is required Strong analytical aptitude, ability to mitigate risk and attention to details Ability to organize and prioritize to meet deadlines Ability to work cross-functionally among departments and directly with clients Proficient in Excel Knowledgeable of Bank's analytical tools Excellent verbal and written communication skills with strong attention to detail
Location: Livermore, CA
Hiring salary range: $31.94 - $41.18 per hour
Fremont Bank founded in 1964,
is one of the oldest independentlyowned banks in the Bay Area and is one of the top rated mid-tier banks in thenation.
Voted a Top Workplace for 2023 and for the past thirteen consecutive years, Fremont Bank has an immediate opening for a
Commercial Portfolio Analyst inLivermore, CA.
Position Overview
The
Commercial Portfolio Analyst
is responsible for monitoring of the Bank's CRE, MF, C&I, and Commercial FNMA portfolios within the Commercial Monitoring Department. Under the supervision of the Senior Manager - Commercial Credit Monitoring, the Analyst represents the Bank to clients from whom financial reporting is owed to the Bank, and completes analysis of financial information when received.
Role and Responsibilities
Commercial Portfolio Analyst responsibilities include: Identify financial reporting and monitoring covenants for newly originated loans and renewals and create covenants in nCino or similar databases housing all covenants. Delete covenants from tracking as loans are repaid Prepare and manage reporting of all covenants Lead client outreach efforts for all loan types including letter campaigns for CRE and MF and various contact methodologies (including letters, e-mail, telephone, and in-person contact) for C&I Review financial information when received to ensure completeness and upload information to nCino or similar database Track receipt of site inspections from Appraisal department and upload to database Complete Accounts Receivable / Accounts Payable analysis for asset-based C&I loans Contact clients with questions and issues requiring clarification Provide analysis results to Commercial Loan Servicing Coordinate with CRM to resolve over-advance issues with Borrowers Analyze all financial information as received. Analyses may include Baker Hill spreads, Buker's Tax Analysis, personal financial statement verifications and adjustments, business and global DSCR, business operating and covenant ratios, rent rolls, operating statements, and commercial leases Complete Annual Loan Reviews for CRE & MF loans within Bank's approved monitoring scope Complete FNMA MF Annual Loan Review Worksheet per FNMA guidelines and input analyses to FNMA web portal Complete Problem Loan Reports and Impairment Analyses for downgraded credits assigned to the Monitoring Group May serve as representative of the Monitoring Group at the Matured and Past Due meetings, and may work with CRM to resolve routine delinquencies not assigned to Special Assets for more complex resolution Minimum Qualifications
Bachelor degree in Business Administration / Accounting / Finance and/or equivalent work-related experience Minimum two to five years of experience in commercial lending, loan processing, credit analysis, banking, finance, or similar experience is required Strong analytical aptitude, ability to mitigate risk and attention to details Ability to organize and prioritize to meet deadlines Ability to work cross-functionally among departments and directly with clients Proficient in Excel Knowledgeable of Bank's analytical tools Excellent verbal and written communication skills with strong attention to detail