HOA Credit Analyst

Prepare written credit memorandums for new loans, renewals, extensions, and modifications, assessing borrower financial strengths and weaknesses, risk factors, industry conditions, collateral, and loan structures.
Gather and evaluate borrower information from associations, financial institutions, professional firms, individuals, and internal bank sources.
Analyze borrower financial statements and spread financial data using computerized financial analysis software and Microsoft Excel.
Prepare written credit reviews and recommendations based on financial analysis and identified risks.
Assist with portfolio management by completing annual financial updates and loan management reports for existing borrowers.
Collaborate with account officers during client calls to obtain additional information and assess borrower credit risk.
Monitor existing loan accounts for compliance with loan covenants, documentation requirements, and applicable conditions.
Track active and pending loan applications to ensure timely progress through the credit process.
Identify potential credit issues, investigate discrepancies, and document findings in final credit analyses.
Follow applicable banking policies, procedures, regulatory requirements, and AML/BSA standards.

Bachelor’s degree in Accounting, Finance, or a related field.
Minimum of two years of experience in financial analysis or a related credit analysis role.
Experience with condominium associations or homeowners associations is preferred.
Strong financial statement analysis and Excel skills.
Knowledge of commercial credit policies, loan analysis, restructuring, loan documentation, and structured financing.
Understanding of accounting and legal principles related to banking and loan documentation.
Knowledge of banking products, services, policies, procedures, and applicable regulations, including AML/BSA requirements.
Strong analytical, written communication, research, and problem-solving skills.

Hoa credit analyst