Find & Apply For Credit Analyst / Authorizer Jobs in Miami, Florida

JOB SUMMARY

Monitor portfolio. Oversee Loan Portfolio documentation. Handle special assets. Draft procedures. Accountable for adhering to the Bank's BSA, AML, and Office of Foreign Asset Control (OFAC) applicable policies. Employee must follow specific unit procedures developed in compliance with the policies. employee is also responsible for the reporting any suspicious activity and / or transactions i accordance with the Bank's processes and comply with any mandatory BSA, AML, and OFAC training assigned.

ESSENTIAL FUNCTIONS

Facilitates the preparation of credit underwriting and analysis of existing loans in connection with renewals and modifications. Assist in facilitating closing of transactions. Assist in managing past due and maturing loans. Recommend and models appropriate loan structure for new and existing loan relationships Prepares periodic reviews of existing loans to assess credit quality and covenant compliance Collect, receive and review financial reports to monitor loan compliance and performance. Assists in preparing files for annual review and complete review on a timely basis. Responsible for annual portfolio inspections Timely response to open exception reports, loan review audits and support internal and external audits. Review weekly reports and tickler file for assigned Portfolio. Assists in the preparation of Waivers and Amendments. Prepares Commercial portfolio and other miscellaneous reports as needed. Requests and follows-up on pending and missing legal and other documentation supporting credit assets. Prepare visitation reports summarizing visits to properties and/or with clients. Providing loan document information as required which includes secondary market and NLP portfolios. Create and send default letters as required. Other ad-hoc duties as necessary in order to familiarize them with all department areas. SAG Manage and serve as a primary point of contact for a portfolio of credit facilities, secured by distressed commercial real estate assets. Developed and implemented credit strategies to maximize improvement in credit risk and loan recovery, while observing bank policy and minimizing collection costs. Employes a wide range of collection strategies including loan restructurings, cash pay downs, and the pursuit of collateral. Completes detailed quarterly "Criticize Asset Reports" for each facility. Reports included a summary of the past quarter's developments and operating results, as well as an updated risk profile and exit strategy for each account. Obtain approval for risk appropriate loan modifications and credit facility restructurings Manage and work with attorneys regularly to come to a suitable solution on distress assets. Reviews and underwrite loan files for risk grading and workout identification Assist existing borrowers in identifying replacement lenders, managing collections, negotiating workout terms and early extinguishing certain loans at a discount and coordinating legal efforts. Interact with investors, brokers, loan officers, and attorneys with the sale of distressed Assets and portfolio. Monitoring sales and the closings of distress assets. Keep track of deficiency judgments and assist in the collection process. Attend mediations and/or depositions. Coordinate with FirstBank Florida attorney in negotiating, preparing, and reviewing stipulation/ Forbearance Agreements.

CREDIT ADMINISTRATION

Loan monitoring including all internal and external reporting requirements, company/borrower information and all relevant events; supporting responses/ resolutions for internal and external customers and aiding the overall departmental workflow; responsible for the maintenance of the Loan Portfolio documentation and for providing support to the SAG/ Credit departments as detailed below. Responsible for SAG/REO monitoring and handling. Create and follow up of various reports Perform/ Assist with Check requests, payments of invoices and GL reconciliations Process deficiency payments Prepare Datamart validation and certification as well as TDR reporting. Complete CRA submission, appraisal ordering and all logs of credit department Supervise credit administration officer/ specialists Review of the monthly tickler report for accuracy, changes and updates. Review Ncino system file upload accuracy. Position is responsible for reviewing and approving the placeholders below. Relationship DocMan Financial Statement

• Business/Company Prepared
• Interim Main Street Lending Quarterly Certification Tax Returns
• Business Financial Statement
• Personal Tax Returns
• Personal

W-2 10Q & 10K

Filings Accounts Payables Aging Report Accounts Receivables Aging Report Accounts Receivables Availability Report Annual Company's Budget Asset Based Audit Report Borrowing Base Certificate Capital Budget Certificate of Compliance with Financial Covenants Certificate of No Default with Loan Agreement's Covenants Call Reports (Call Code Report) Debt Schedule Financial Statement

• Business/Company Prepared Financial Statement
• Business/Compiled Financial Statement
• Business/Compiled
• Interim Financial Statement
• Business/CPA Audited Financial Statement
• Business/Reviewed Financial Statement
• Business/Reviewed
• Interim Financial Statements
• Proforma Financial Statements
• Projected Financial Statements Disclosure Inventory Availability Report Inventory Reports Projection Report Rent Rolls SBA 413: Personal Financial Statement SBA form 2202 Schedule of Liabilities STAR Report Tax Return Extension
• Business Tax Return Extension
• Personal Tax Returns Debt Certification Transcripts of Corporate Tax Return Transcripts of Personal Tax Return Work on Hand Financial Statements 360 Criticized Report Loan DocMan Call Code Form Tickler Checklist Commercial Loan Disclosures Loan to One Borrower (TOO) Disclosure Other Documents Forbearance Agreement Administrative Extension Letter Profitability Model 360 High Priority Report CAM Amendment TDR Report Commercial Loan Application Collateral DocMan Equipment Appraisal Lease Agreement Modification to Mortgage Note Payment Plan/Forbearance Agreement Site Visit Rent Rolls Appraisal Engagement Letter Appraisal Report Appraisal Report-Invoice Internal Appraisal Review (market value over $250K) Business Valuation Modification of Mortgage/Deed of Trust Property Inspection Report

EQUAL EMPLOYMENT OPPORTUNITTY EMPLOYER

First BanCorp. es una corporación organizada bajo las leyes del Estado Libre Asociado de Puerto Rico y los Estados Unidos de América que ofrece igualdad de oportunidades de empleo que no discrimina contra persona alguna por razón de raza, color, creencias religiosas, género, edad, origen nacional, impedimento físico o mental, condición de veterano de la Era de Vietnam o veterano con impedimento. First BanCorp., sus subsidiarias y afiliadas son un contratista federal sujeto al cumplimiento con la Ley de Asistencia para el Reajuste de los Veteranos de la Era de Vietnam, según enmendada, y la Ley de Rehabilitación de 1974, según enmendada. Estas leyes y sus correspondientes reglamentos requieren que First BanCorp. tome acción afirmativa para emplear y promover en el empleo a individuos calificados con impedimentos, veteranos con impedimentos, veteranos de la Era de Vietnam y otros veteranos elegibles. Si es usted un individuo con impedimento, un veterano con impedimentos, un veterano de la Era de Vietnam o un veterano elegible nos gustaría incluirle en nuestro Plan de Acción Afirmativa, por lo que agradeceremos nos informe. Puede hacerlo ahora o en cualquier momento en el futuro. Ofrecer esta información es totalmente voluntario. Esta información nos ayudará a hacer los esfuerzos razonables para acomodar su incapacidad. Si usted decide identificarse, la información provista se usará únicamente para propósitos relacionados con las leyes y reglamentos aplicables. La información se mantendrá con carácter confidencial, excepto que podría ser compartida, en casos en que sea necesario, con (1) supervisores y gerentes; (2) personal de seguridad y/o primeros auxilios; (3) oficiales del gobierno encargados del cumplimiento de las leyes y reglamentos relacionados. Si usted elige identificarse voluntariamente puede comunicarse con nuestra División de Recursos Humanos al 787.729.8179. Copyright © 2022 First BanCorp. Todos los derechos reservados.