Associate, Commercial Real Estate Credit

POSITION SUMMARY: Involved primarily in underwriting and acquisition due diligence. As part of the National Lending team, analyze potential loan originations, as well as assets under consideration for purchase and provide insight and recommendations to Senior Management.

RESPONSIBILITIES:

• Conduct loan file review, credit analysis, and marketing research relating to asset and portfolio risk.
• Conduct borrower calls or meetings to assess sponsor dynamics related to the lending opportunities.
• Complete credit underwriting and coordinate with real estate, relationship management, and legal.
• Present loan origination or acquisition opportunities at the Bank’s credit committee meetings, where credit risks are evaluated and quantified.
• Provide consulting to asset management and loan acquisitions as needed.
• Assist in making recommendations whether or not to pursue due diligence on loan portfolios, based on preliminary views of credit and real estate risk.
• May have specific assignments or shared responsibility to manage loan relationships at the Bank. Responsibilities include, but are not limited to, monitor monthly loan payments, collaborate with borrowers to obtain financial information and prepare written analysis on an annual basis with recommendations to protect and strengthen the investment.
• Successfully pass technical and regulatory examinations by the Company.

KNOWLEDGE, SKILLS AND ABILITIES:.

• Strong written and verbal communication skills
• Attention to detail and ability to multi-task and self-motivate
• Intermediate to advanced Excel skills
• Strong research skills – both on the Internet and phone
• Bachelor’s degree required
• 1-5 years of experience in banking or real estate related topics

PHYSICAL DEMANDS AND CONDITIONS:

• Must be able to remain in a stationary position for long periods of time.
• Some travel is required.
• Must be able to occasionally lift up to 20lbs.
• Consistently operates a computer and other office equipment such as calculator, copy machine and printers.
• Climate controlled general office setting with moderate noise level.
• Must express or exchange ideas with co-workers, customers, and vendors.

Northeast Bank is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, national origin, veteran status and any other classification protected by Law. We celebrate diversity and are committed to creating an inclusive environment for all employees.