Community Development Credit Analyst

  • Competitive
  • San Francisco, CA, États-Unis
  • CDI, Plein-temps
  • Wells Fargo US
  • 25 sept. 17

Community Development Credit Analyst

Job Description
Community Lending & Investment (CLI) provides debt and equity capital for organizations and projects that support community development. The CLI Group is an industry leader in offering debt and equity capital to organizations that provide economic development, job creation, and affordable housing in communities of need nationwide.

CLI plays a key role in providing much needed lending capital to Community Development Financial Institutions (CDFIs) and as a Credit Analyst, you would support the team to underwrite and manage our national portfolio of CDFI borrowers. In this position, you will work closely with our senior relationship managers in reviewing and analyzing CDFI's financial statements and conducting due diligence on loan portfolio performance, loan policies, management team, etc. You will also have portfolio management duties to monitor and manage the credit portfolio. This job represents a unique opportunity to combine background and skills in banking and finance with an interest in and commitment to nonprofits and community development.

  • Analyze borrower's financial performance and capital structure by evaluating and spreading financial statements and projections.
  • Assess quality of loan receivables portfolio, loan policies and procedures, loan products, etc.
  • Conduct annual credit reviews and compliance certification.
  • Assist in early identification, classification and management of impaired credits (including the preparation of downgrade memos).
  • Assist relationship managers with the underwriting and approval of new deals.
  • Perform portfolio management duties such as maintaining customer database and files, monitoring upcoming maturities, tracking unit's work flow, preparing portfolio reports for senior management, and conducting research/analysis related to portfolio and industry trends.

**As noted further in the job application, Required Qualifications include 3+years of commercial mortgage credit experience. For this position, that experience may include underwriting / analyzing nonprofit or for-profit companies, including especially financial institutions or real estate developers, community / economic development projects, etc**

Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Required Qualifications
  • 3+ years of commercial mortgage credit analysis experience

Desired Qualifications
  • Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
  • Strong analytical skills with high attention to detail and accuracy
  • Strong technical writing skills
  • Excellent verbal, written, and interpersonal communication skills
  • Solid problem solving and decision making skills

Other Desired Qualifications
  • Demonstrated commercial underwriting experience, including performing due diligence, analyzing financial statements, identifying risks & mitigants
  • Knowledge of non-profit accounting
  • Knowledge of Community Development Financial Institutions
  • Demonstrated background or interest in community development activities such as affordable housing, microfinance, social services, etc.
  • Knowledge of CRA regulations
  • Demonstrated portfolio management experience
  • Experience with database development and maintenance (Salesforce)
  • Bachelor's degree in accounting, finance, or related field
  • 3+ years of commercial credit analysis experience
  • Demonstrated competence in commercial lending terminology and financial statement analysis.
  • Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines
  • Excellent team player
    All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

    Relevant military experience is considered for veterans and transitioning service men and women.

    Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.