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Commercial Bank Risk - Credit Risk Associate

Req #: 180027192_1
Location: Chatsworth, CA, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: 0 US Dollar (USD)

 

The Credit Risk Associate is expected to be fully proficient with commercial real estate finance concepts/principles and their application to various property types.  Associate must be able to complete annual reviews on complex properties and borrowers to derive appropriate risk ratings and evaluate expected future performance.  Associates will be expected to review annual property operating statements and rent rolls/lease summaries of properties secured by Chase commercial real estate loans, and then compare the results of the operating analysis to local market conditions and underwriting in order to determine the overall performance of the property within the market and to identify any potential risk of default.  Associates will also be expected to analyze Borrower and Guarantor personal financial statements to derive net worth and liquidity, and determine appropriate property, entity and guarantor risk ratings.  Associates are expected to document and support all concluded risk ratings.  In addition, the Credit Risk Associate will also be expected to perform field property inspections identifying overall property condition with any associated risk issues.  The Associate will interact with Borrowers, Credit Executives, and other parties, both internal and external to Chase, to obtain applicable data to perform a complete analysis.  Credit Risk Associates are also responsible for review and approval of other analyst’s work.

 

 

 

The successful candidate for a Credit Risk Associate position will be expected to perform well in a fast-paced and dynamic environment.  In addition to achieving and maintaining individual benchmarks for both quality and quantity, a Credit Risk Associate is also expected to excel in teamwork, including training of incoming analysts and acting as a liaison for current analysts.  The Credit Risk Associate should be particularly proficient in Excel and have strong reporting skills. 

 

  • Bachelor's Degree in Finance, Real Estate, General Business or Accounting or equivalent work experience
  • Minimum of 4 years of analytical review (property operating statements, rent rolls) or strong commercial mortgage servicing experience
  • Excellent verbal and written communication skills are required.
  • Strong analytical and problem-solving skills
  • Knowledge of loan documents
  • Knowledge of entity structures
  • Knowledge of Reg B, FCRA, KYC and HMDA requirements a plus
  • Knowledge of current real estate market trends
  • Proficiency in Microsoft desktop tools
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