Job details

Natbank is a US Community Bank located in Florida and operates as a subsidiary of the National Bank of Canada. We provide banking solutions and financing solutions to personal et commercial clients for 30 years, throughout our dynamic team located in our 4 branches in Florida (Hollywood, Pompano Beach, Boynton Beach, and Naples).

Your role  

• Conduct credit analysis - review financial documents to analyze credit, determine creditworthiness and risk levels for potential and existing borrowers by examining financial transactions, financial statements, tax returns rent rolls, personal financial statements, cash-flows, and other pertinent documents as well as credit history.
• Pre-underwrite consumer and residential loans in accordance with the credit policy.
• Collaborate with the Business Development team to gather necessary information and ensure accurate and timely completion of credit assessments.
• Stay updated on industry regulations, best practices, and emerging trends in underwriting and credit analysis.
• Utilize financial modeling techniques to evaluate financial statements, cash flow projections, and other relevant financial data.
• Perform in-depth research and analysis of industry trends, market conditions, and economic factors that may impact credit decisions.
• Perform post-funding analysis on the entire portfolio on an annual basis and submit findings to the Vice-President Credit & Chief Credit Officer, including assessing the creditworthiness of existing borrowers through ongoing monitoring and analysis of financial performance and payment history.
• Identify potential risks - associated with either borrower or property, the Credit Analyst will determine if the risk is too high or if alternative financing/ rates and terms are more appropriate based on specific conditions of the loan.
• Create summary reports - summarize loan applications and credit analysis in one concise report which will include quantitative and qualitative evaluation of the loan - property, borrower, advantages, and potential risks to consider including completing financial ratios, trend, cash-flows analysis and creating projections.
• Review appraisal analysis to determine that acceptable standards are met.
• Maintain productivity level and turn times as established by management. Prioritizes the underwriting caseload to meet various deadlines.
• Assist in business relationship management with skills and the ability to understand and anticipate the needs of respective business stakeholders.
• Establish the risk rating grade according to the Credit Policy guidance.
• Collaborate with internal and external auditors in periodic audits.

Your team

The Credit Analyst will report to the Vice-President Credit & Chief Credit Officer. You will be based mainly in Pompano (with occasional travels other branches as needed)

Basic requirements

• High School Diploma and a minimum of 5 years of experience in credit analysis with a specific focus in real estate rentals and multi-family properties OR bachelor’s degree and a minimum of 3 years of experience as a credit analyst in a Financial Institution.
• Positive attitude, extremely organized, excellent communication skills and self-motivated.
• Extremely proficient in Microsoft office, including Word and Excel.
• Ability to multi-task and manage multiple projects at one time.
• Displays a good understanding of the real estate mortgage regulations and practices.
• Have a valid MLO number.
• Excellent analytical skills with the capability to identify risks, evaluate options, and make informed decisions.
• Knowledge of fraud prevention and detection methods to identify potential red flags or irregularities in credit applications.
• Ability to forecast future financial performance based on historical data and market trends.
• Exceptional attention to detail with the ability to spot errors or inconsistencies in financial data.
• Familiarity with loan origination processes, including underwriting guidelines, documentation requirements, and compliance standards.

Your benefits

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family. 

• Medical, Dental, Vision insurance from day 1
• 401(k) retirement plan participation from day 1 with Employer matching contribution equal to 50% of your salary deferrals, up to 6% of your compensation for each pay period.
• Flexible Spending Accounts for Healthcare and Dependent Car
• Commuter and parking benefit with employer matching

• Tuition reimbursement
• Paid parental leave
• Wellness fund
• Short and Long Term Disability
• Basic and Buy-Up Life Insurance
• Employee and Family Assistance Program
• Flexible PTO and company paid holidays
• And more

These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family. 
Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.

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