Senior Credit Analyst

Overview

Analyzes borrower credit, structures loans, and supports VP of Lending.

Key Responsibilities

• credit analysis
• risk mitigation
• portfolio management
• data compilation
• loan structuring
• policy maintenance

Tasks

- Coordinates with VP of Lending to manage the existing portfolio in regards to loan extensions, modifications and covenant tracking - Assists VP of Lending in performing pre-qualification assessment and analysis of Borrower’s financial condition - Prepares clear and precise executive summaries for presentation of proposed loans - Oversees the vetting process for potential new appraisers The position of Senior Credit Analyst is responsible for gathering and analyzing credit information on current and potential borrowers, determines the advisability of granting credit for diversified types of loans, & is the right-hand credit resource for Renovo’s VP of Lending. Their primary responsibility is to assist Renovo in writing quality loans swiftly, accurately, and efficiently with little compromise to production. This position is eligible for overtime. - Makes recommendations and works with VP of Lending to structure loans and mitigate risk. Risk Identification & Mitigation - Did you appropriately analyze the risk of the deal and determine potential mitigants? - Compiles data from credit bureaus, tax returns, and statement of assets etc. for analysis - Responsible for maintaining the integrity of the existing Credit Policy and making updates to the policy as needed. Facilitates effective communication between the VP of Lending and Credit Committee

Requirements

• credit analyst
• real estate
• 3 years
• problem solving
• community bank
• lending

What You Bring

- Supports the VP of Lending during Credit Committee by demonstrating knowledge of the pertinent information for each deal. The ideal candidate for this role is someone who has at least three years of experience as a real estate Credit Analyst at a community bank or private lender. Effective Problem-Solving

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Benefits

Renovo offers full-time employees a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, voluntary benefit offerings (life insurance and short-term disability), pre-tax FSA, commuter and dependent care benefits, maternity/paternity, hybrid work schedule, and more.

About Renovo Financial

-Founded with a mission to offer customized financing solutions to real estate investors and developers. -Specializes in funding for residential and commercial property renovations, developments, and projects. -Offers flexible loan structures tailored to the unique needs of the real estate sector. -Provides financial options to help investors maximize returns and streamline property transactions. -Possesses expertise in real estate lending, making it a trusted partner for large-scale renovation projects. -Focuses on providing quick access to capital for time-sensitive property opportunities. -Known for a transparent, hands-on approach in guiding clients through the financial process. -Works with both seasoned developers and those new to the real estate market.

Sector Specialisms