Sr. Credit Analyst - NY at Popular Bank in New York, New York

Job Description:

Position Title: Sr. Credit Analyst - NY

Date: Mar 20, 2025

Location: New York, NY, US, 10004

Company: Popular Bank

Commercial Credit C&I/MM/HC-NY

We are looking for a Senior Credit Analyst to join our Commercial Credit Team for New York, NY. In this position you will be responsible for the support of quality loan origination, analysis, processing, and reporting of the full assessment of credits and timely completion of C&I with a focus on Healthcare and Middle Market credit analyses associated with Commercial Banking, Business Banking, Healthcare, and Middle Market loans.

In this position, you will:

• Prepare well-organized, thorough, and concise written credit memorandums on all new loans, renewals, extensions, and modifications relative to financial strengths and weaknesses of borrowers, risk assessments, strength of guarantors, industry analysis, and collateral and loan structures with opinions as to credit worthiness. The new Senior Credit Analyst should have the experience to start working with assigned deals with limited guidance and are expected to produce accurate final product. The Senior Credit Analyst will be typically working with deals exceeding $25MM in exposure.
  
• Spread financial statements through the use of computerized financial software programs and analyze reports produced by the system for preparation of written reviews.
  
• Work with Account Officers to gather information on the companies being analyzed and better assess the risks associated with the credit. Also work with Relationship Managers to resolve issues that arise during the underwriting process.
  
• Review and document the third-party reports such as real estate appraisals, environmental assessments, property condition reports, etc.
  
• Analyze loans relative to the loan structure, financial strength, cash flow (historical and projected), guarantors, and overall strengths and weaknesses of the deal. For R/E related loans, analyze rent rolls and leases, collateral, market/neighborhood, among others.
  
• Provide opinions as to the creditworthiness of the Borrower and assess the Borrower’s appropriate risk rating based on the bank’s criteria.
  
• Participate in weekly Credit Pipeline meeting to provide status on assigned deals.
  
• Assist in portfolio management activities such as completing Annual Financial Updates, Risk Rating assessments, and Loan Management Reports on existing borrowers.
  
• Monitor the loan compliance on existing customer accounts.
  

To be considered, you will need:

• Thorough knowledge of accounting and legal principles underlying the bank’s documents.
  
• Bachelor’s Degree in Accounting or Finance combined with a minimum 5-year related experience. Underwriting C&I and Middle Market experience required, including Asset Based Lending, financing of Business acquisitions, etc.
  
• Computer literate: fluency in Microsoft Office programs, Excel analysis required
  
• Good verbal and interpersonal skills.
  
• Effective report writing and other written communication skills.
  
• Detailed-oriented and organized.
  
• Ability to solve problems, make decisions, juggle underwriting of multiple deals, prioritize tasks, and meet required deadlines.
  
• Ability to highlight loan risks or any problems or questions during the deal underwriting phase and prior to finalizing the analysis.
  
• Clear verbal communication with internal customers and third-party participants (as needed).
  
• Ability to establish and maintain effective work relationships both internally and externally.

Base Salary & Benefits

Our base salary for this position located in New York generally ranges between $130,000.00 and $140,000.00 annually, depending on business need and on your qualifications and experience. Base salary does not include incentive compensation, commission, or any other type of remuneration or benefits.

In addition to salary, Popular's well-rounded benefits package for regular full-time and part-time employees includes a comprehensive health plan, flexible time off options, and savings and investment plans. Seasonal/temporary employees are not eligible for these benefits.

Important: The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.

ABOUT US

Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America.

As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.

We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and/or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.

If you have a disability or need more information about requesting an accommodation, please contact us at asesorialaboral@popular.com. This email inbox is monitored for such types of requests only. All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.

Are you ready for a rewarding career?

Popular is an Equal Opportunity Employer
Learn more about us at www.popular.com and keep updated with our latest job postings at www.jobs.popular.com.
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Nearest Major Market: Manhattan
Nearest Secondary Market: New York City


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Equal employment opportunity, including veterans and individuals with disabilities.

PI266061257

Salary:

$130,000.00

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