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Assistant Credit Monitoring Jobs in Virginia (NOW HIRING)

Horizon Farm Credit

Credit Analyst

Winchester, VA · On-site

$51K - $86K/yr

Horizon Farm Credit is actively recruiting for an experienced Credit Analyst to join our team ... * Assist as needed in the preparation of larger loan packages. Help monitor larger accounts for ...

Horizon Farm Credit

Credit Analyst

Winchester, VA · Hybrid

$51K - $86K/yr

Horizon Farm Credit is actively recruiting for an experienced Credit Analyst to join our team ... * Assist as needed in the preparation of larger loan packages. Help monitor larger accounts for ...

Navstar

4223 Credit Associate

Mclean, VA

Work closely with the deal team to assist in the structuring of transactions. * Monitor the credit quality of the portfolio, identify trends, and make recommendations for changes to mitigate risk.

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Assistant Credit Monitoring information

What is the difference between Assistant Credit Monitoring vs Credit Analyst?

AspectAssistant Credit MonitoringCredit Analyst
Required CredentialsHigh school diploma, some certifications preferredBachelor's degree in finance, economics, or related field
Work EnvironmentOffice setting, monitoring credit reports and alertsOffice environment, analyzing credit data and preparing reports
Employer & Industry UsageFinancial institutions, credit bureaus, loan companiesBanks, credit agencies, investment firms
Common Search & Comparison IntentUnderstanding entry-level credit monitoring rolesAnalyzing credit risk and financial data

Assistant Credit Monitoring roles focus on monitoring credit reports and alerts, often requiring basic financial credentials. Credit Analysts perform in-depth credit risk analysis, requiring more advanced education and analytical skills. Both roles are vital in the credit industry but differ in complexity and responsibilities.

What are popular job titles related to Assistant Credit Monitoring jobs in Virginia? For Assistant Credit Monitoring jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Assistant Credit Monitoring jobs in Virginia look for? The top searched job categories for Assistant Credit Monitoring jobs in Virginia are:
What cities in Virginia are hiring for Assistant Credit Monitoring jobs? Cities in Virginia with the most Assistant Credit Monitoring job openings:
Assistant Credit Monitoring jobs near you
Commercial Credit Analyst, CRE

Commercial Credit Analyst, CRE

M&T Bank

Falls Church, VA • On-site

Full-time

Posted 11 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 180 frontline employees who took The Breakroom Quiz

66th of 141 rated banks

Job description

Overview:
A member of the Commercial Credit team that partners with senior team members supporting the duties of underwriting and the on-going monitoring of a portfolio of credit relationships. Responsible for performing supporting analysis, identifying risk issues, and completing sections of credit analysis, as needed, to assess the creditworthiness of commercial clients.
Primary Responsibilities:
  • Facilitate the credit needs of customers by analyzing new requests and material modifications from deal screen through approval and for the life of the loan. This analysis may include recommending adding or removing conditions.
  • Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions can be taken to manage the risk, minimize losses and assign an accurate risk rating. A CCM program includes but is not limited to annual reviews, interim update memos, a covenant monitoring program, problem loan management, early warning indicators, and other forms of credit surveillance.
  • Review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. Determine the need for more thorough investigation or additional information.
  • Analyze financial information and related materials and complete the credit analyses for the Bank's commercial transactions. Written analyses to include an independent credit quality assessment with well-supported risk rating, identification of and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues of respective deals.
  • Make appropriate structure recommendations based on an analysis and evaluation of scenarios including the company's case, bank's base case and a downside case.
  • As part of managing the ongoing credit risk of existing portfolios, identify suspicious activity and activity that may be contrary to customer's interest.
  • Partner proactively with relationship managers (RM) and be intimately involved throughout the credit process, from deal screen through approval and for the life of the loan to maintain timely and accurate risk ratings for a portfolio of commercial credits.
  • Spread financial statements and prepare financial / projection models designed to sensitize various conditions impacting the proposed transaction. Prepare cash flow, collateral schedules, covenant sensitivity calculations, and guarantor statement analysis as appropriate.
  • Enter complete and accurate data into Bank systems in support of underwriting and portfolio management activities.
  • Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business to effectively analyze and underwrite the proposed transaction. Based on underwriting parameters, recommend the risk rating.
  • Present analysis or address questions during credit request discussions or committee presentations.
  • Assist in monitoring credit policy compliance by verifying adherence to the Commercial Credit Policy and commenting on any risk associated with non-compliance.
  • Understand and adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other duties as assigned.

Scope of Responsibilities:
Commercial Credit is responsible for the credit delivery of the Bank's commercial clients throughout the credit lifecycle. Credit assessments range from initial analyses of new relationships to the Bank to material modifications or restructurings of long-term relationships and ongoing monitoring through the life of the loan. Commercial Credit is also responsible for ensuring the accurate completion of the Bank's risk rating scorecards and financial statement spreads. The work completed in this capacity is used to make credit decisions for new or renewed or amended credit transactions.
Contacts are primarily internal such as credit officers and other bank personnel.
The position interacts with commercial banking relationship managers throughout the bank's footprint and industry verticals.
Customer interaction is expected.
Works independently under general supervision.
Supervisory/Managerial Responsibilities:
N/A
Education and Experience Required:
Bachelor's degree in Accounting, Finance, Economics or related field and a minimum of one year's work experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis, or in lieu of a degree, a combined minimum of 5 years' higher education and/or work experience, including of one year work experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
Strong verbal and written communication skills.
Strong analytical ability.
Critical thinking and problem-solving abilities.
Attention to detail with a high level of accuracy.
Strong organizational and time management skills.
Ability to work independently and as a part of a team.
Customer focused with strong interpersonal skills.
Proficiency with Microsoft Office.
Education and Experience Preferred:
Experience with Capital IQ, FactSet, and Bloomberg.
Experience with nCino.
Experience underwriting commercial real estate deals.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $72,200.00 - $120,300.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Falls Church, Virginia, United States of America

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