Credit Analyst Credit Analyst …

Credit Analyst Main Street - Credit & Risk Analyst Job Summary

This position is responsible for assisting with the credit risk management of the Main Street Lending Program portfolio. The position reports to the Senior Main Street Risk Specialist or Director of Credit Management. The individual will work with other credit risk analysts and vendors hired by the SPV to assist with the management of the portfolio, contributing to the assessment of loan level risk ratings and portfolio performance reporting.  The role will also analyze recommendations provided by vendors for individual loan credit actions and assist with the development of recommendations to MSLP Credit Team and SPV management regarding approval of such actions. The individual would consider themselves experienced in credit risk management with a demonstrated capacity of working with large commercial loan portfolios.

Principal Accountabilities

1. Review moderately complex commercial loan credits with some supervision, performing financial analysis as directed while providing input on individual loan risk ratings, valuations and risk assessments.
2. Prepare and present comprehensive financial analysis both orally and in written form with some oversight, including recommendations and conclusions as to the financial condition of the Borrower.
3. Assist with individual loan and industry-specific surveillance while contributing to portfolio reporting to FRBB/SPV management and others as needed.
4. Evaluate changes to assigned segments of the portfolio for reporting and escalation with some supervision while monitoring for changes in market conditions related to the portfolio, including ratings activity and sector disruptions.
5. Contribute to the analysis of credit requests, such as modifications, and recommendation of decisions to MSLP Credit Team management for performing loans.
6. Assist with the identification of potential problem loans for escalation to the workout vendor.
7. Assist the Senior Professional - Credit, Senior Main Street Risk Specialist and the Director of Credit Management on distressed debt situations as they may arise.
8. Assist with the preparation of approval requests for submission to the appropriate approval committee.
    

Other Accountabilities

Perform other duties as assigned.

Supervision

This position is not responsible for the direct supervision of other employees.

Knowledge and Experience

• Knowledge and experience normally acquired through, or equivalent to, the completion of a Bachelor’s Degree
• 3-5 years in commercial loan portfolio management
• Formal credit training and experience with commercial loans is desired
• Experience in portfolio surveillance including an understanding of probability of default and loss given default ratings
• Excellent writing and communication skills to prepare analysis and approvals
• Candidates must be proficient in credit risk management practices and maintain current knowledge of related regulations, trends, and developments.
• Understanding of commercial loan credit risk management practices. 

• Demonstrated experience with large commercial loan portfolios.

• Strong organizational, planning, and self-management skills.

• Ability to perform strong credit risk analysis and develop and/or deliver presentations.

• Ability to work cooperatively with all levels of staff and senior management.

• Able to operate with a sense of urgency.

• Comfortable with ambiguity.

• Strong customer service orientation.

• Demonstrated ability to focus on the details.

• Demonstrated ability to assimilate and apply new information quickly.

• Independent thinking and decision-making ability.

• Excellent written, verbal, graphical, and interpersonal skills.

All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.

The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time. 

Primary Location: MA-Boston
Work Locations:
Organization: Federal Reserve Bank of Boston
Schedule: Full-time
Job Type: Experienced
Shift: Day Job
Travel: Yes, 5 % of the Time