Credit Analyst

Job Description

Aareal Capital Corporation is seeking a Credit Analyst to monitor and assist with the existing portfolio management, but with the opportunity for growth as we scale up our loan portfolio.  We are looking for a candidate with excellent written, technical and communication skills. 

Aareal Capital Corp. is a wholly owned subsidiary of Aareal Bank AG, a publicly traded bank based in Germany that focuses on commercial real estate lending in North America, Europe and Asia.  Aareal Capital offers mortgage and mezzanine financing and has a CRE loan book over $8 billion.  Target markets include Boston, NYC, DC, Chicago, San Francisco, and L.A. We offer a hybrid-working environment, excellent benefits, and a welcoming collegial atmosphere.  

Principal Tasks

Portfolio Management

•        Collect, spread and analyze commercial rent rolls on a continual basis

•        Gather and compare actual hotel performance figures versus budget

•        Directly communicate with clients to ascertain changes to the property cash flow, e.g., new tenancy, tenant rollover, etc.

•        Assist the credit and origination departments in processing credit applications, periodic loan reviews and ad hoc credit requests

•        Update internal risk systems and perform continuous review of allocated loan portfolio

•        Prepare internal credit ratings and annual financial statement analyses incl. assessing borrower/guarantor creditworthiness

•        Annually review loan collateral in terms of valuation
•        Furnish documentation for various internal compliance and audit procedures

•        Maintain credit files to ensure accuracy, relevance, and timeliness of information

Secondary Role

Key Project Member

•        Assist in building out nascent credit-analyst group
•        Leverage existing technologies to improve automation, operations and portfolio/risk management
•        Evaluate new technologies that would improve portfolio/risk management

•        Develop linkages between internal and market data

•        Ultimately increase transparency of risks in loan portfolio

Qualifications

•           Bachelor’s Degree in Accounting, Business or Finance with a minimum of one year of work experience

•           Experience with CRE lending

•           Strong understanding and knowledge of financial statements

•           Demonstrated ability to write concise and well-reasoned financial analyses and credit memoranda

•           Familiarity with ARGUS and Excel.  ARGUS training will be provided if necessary

•           Attention to detail with strong interpersonal skills

•           Organizational and time management skills

•           Ability to work both independently and in a team environment