Credit Risk Analyst- Boston

Company: Disability Solutions
Location: Boston
Posted on: September 30, 2024

Job Description:

Job Title:Credit Risk Analyst- BostonLocation:BostonWhat you'll do:The Credit Risk Analyst position works alongside the Technology Lending team, with a mandate to participate in a variety of credit monitoring activities to help track and inform credit officers and senior managers of borrower financial condition, risk, and potential red flags. This opportunity provides exposure to the Technology Lending industry, credit risk management, and complex capital structures. This position reports to Credit Administration.What we are looking for:

• For the Technology & Innovation Lending portfolio, perform interim and ongoing monitoring of various Key Risk Indicators, including but not limited to Remaining Months Liquidity, Performance to Plan, Sales Growth, Investor Support, Trend Analysis, etc.
• Work collaboratively with the Technology Loan Officers in tracking certain activities entailed in the Loan Presentation and provide timely risk identification update to Credit Officer.
• Assist Technology Loan Officers in preparing the Risk Rating Determination, followed by tracking of actionable items.
• Conduct ongoing financial analysis of borrowers to capture trend, credit quality and red flags.
• Assist Technology Loan Officers in loan documentation and ongoing monitoring of reporting, covenant and compliance.
• Participate in and document results from borrower management and investor update calls.
• Compile and create reports for credit risk management, portfolio-level analytics, and concentration analysis.
• Perform other duties as assigned.QualificationsThese specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.
  • Bachelor's degree (BA) from a four (4) year college or university, and a minimum of three (3) years or more related experience and/or training; or the equivalent combination of education and experience.
  • Related experience should consist of an in-depth background in financial statement analysis.
  • Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.
  • Must demonstrate knowledge of basic accounting principles and concepts, credit principles and general credit policies.
  • Some familiarity with financial statements, financial analysis, ratios, trends, borrowing base calculation, etc.
  • Proficient in the use of computers and software programs such as Excel and MS Word. Experience with banking industry programs (i.e., Moody's, Baker Hill) a plus.
  • Must be detail and focus oriented and have the ability to take ownership and responsibility for work product.
  • Effective oral, written and interpersonal communication skills
  • Excellent organizational and time management skills.
  • Ability to work with minimal or no supervision while performing duties.Benefits you'll love:We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!About the company:Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Boston , Credit Risk Analyst- Boston, Professions , Boston, Massachusetts