Career Opportunities

Credit Analyst Interns assist the lending function by gathering and analyzing credit information on current and potential borrowers, and determine credit risk for diversified types of loans

Essential Functions and Basic Duties:

• Assists loan officers in writing loan requests and proposals.
• Promotes quality client relations and refers clients tok appropriate staff for new services.
• Assists loan officers in performing pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
  • Gathers data from clients and other sources.
  • Prepares spreadsheets and analyzes financial information including financial statements and tax returns.
  • Contacts clients for additional information and clarification of data.
  • Verifies pledged assets.
• As instructed, compiles data from credit bureaus, conducts industry peer comparisons, and performs cash flow analysis and other related tasks.
• Based on analysis, makes recommendation on loan structures and terms to loan officers and assists in the writing of financial analysis and reports.
• Assists with loan processing and coordination.
• Monitors loans and determines when updates to documentation, e.g., financial statements, are required. Informs loan officers and monitors accounts. Ensures that credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
• Assists loan officers in verification of funds with mortgage companies and contractors.
• Participates in the on-going computerization of the loan review function.
• Assists in providing deposit and loan account ratings for loan officers.
• Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken.
• Understands governmental regulations with particular emphasis on the Bank Secrecy Act and related regulations and the fact that compliance with BSA regulations is an enterprise responsibility.
• May represent the Bank in various community, civic and community reinvestment functions to promote the Bank's image and develop additional business.
• Performs other duties as required.

Qualifications and Desired Skills:

• Undergraduate degree (or anticipated in a year) in business, finance/accounting, or related field.
• Familiarity with financial statements and ability to analyze business and financial data.
• Proficient in the use of personal computers and software programs, such as Excel and Word.
• Familiarity with financial analysis and development of spreadsheets.
• Good communication skills, both verbal and written.

Experience Required:

None.

The Credit Analyst is responsible for spreading, managing and maintaining financial background information on present and prospective clients, and assists with underwriting analysis for the Relationship Managers. Position includes managing spread assignments, making financial analyses, and maintaining related records and files.

Essential Functions and Basic Duties:

• Monitor financial performance and covenant compliance for CRE portfolio.
• Analyzing financial statements and credit profiles of CRE investors / properties.
• Support deal team in business/industry/financial due diligence and develop detailed financial models.
• Prepare credit memoranda for Avidbank’s credit committee.
• Support Senior Bankers in deal screening and transaction diligence.

Qualifications and Desired Skills:

• Undergraduate degree demonstrating strong academic performance.
• Strong attention to detail and intellectual curiosity.
• Strong understanding of Microsoft Office including Excel, Word, PowerPoint, etc.
• Ability to take ownership of simultaneous assignments and produce results in time-sensitive circumstances.
• Ability to work collaboratively with members of the deal team and with third party constituencies.
• Ability to analyze data to support and improve business decisions.

Experience Required:

• Degree with emphasis on finance, accounting, economics, mathematics, or technical field.
• Interest or experience in commercial real estate finance, development, and investing.

The AVP, Loan Services Operations Manager is responsible for managing and coordinating the daily operations of boarding and servicing loans. The incumbent must provide excellent service and quality control oversight to ensure accuracy and efficiency in loan boarding activities and other loan servicing areas.

Essential Functions and Basic Duties:

• Ensures accurate and timely servicing of the Bank's loan operations.
• Ensures that production and other processing activities are completed according to applicable government regulations and Bank policy.
• Assists in compliance with banking regulations including the Bank Secrecy Act.
• Trains personnel to ensure Bank policies and procedures are being followed.
• Provides leadership and training to one or more staff.
• Reviews daily work perpared by Operations Specialists for accuracy and completeness; ensures Bank adheres to policies and procedures.
• Works closely with Operations Specialists to ensure resolution of inquiries or issues that relate to loan operations.
• Performs call back of loans boarded.
• Processes, solves and answers complex client transactions, problem or inquiries.
• Directly supervises Loan Operations Specialists, monitors employees' performance and addresses any issues that surface.
• Prepares annual performance reviews for the Loan Operation team.
• Participates in hire/fire/salary actions/decisions.
• Assists with audits and exams.
• Performs other duties as assigned.

Qualifications and Desired Skills:

• Bachelor's Degree preferred. 
• Proven experience as supervisor or relevant role.
• Outstanding organizational and leadership skills.
• Effective oral and written communication skills.
• LaserPro and Horizon preferred.

Experience Required:

• Five or more years of loan operations experience with a financial institution
• Three years of experience managing people in a lead capacity preferably with a financial institution/loan environment, with an emphasis in customer service and meeting deadlines.

The fast growing and dynamic Avidbank Venture Lending team is focused on providing lending and banking services for early and growth stage, venture capital backed, innovation companies nationwide. The Credit Analyst or Senior Credit Analyst is responsible for spreading, managing and maintaining financial background information on present and prospective customers, and assists with underwriting analysis for the Relationship Managers. Position includes managing spread assignments, making financial analyses, and maintaining related records and files.

Essential Functions and Basic Duties:

• Analyzes credit and collateral information to determine risk involved in lending money to clients.
• Collects, organizes, analyzes company financials to ensure Bank compliance, and updates the Bank’s systems accordingly.
• Works directly with clients to resolve compliance issues and operational inquiries.
• Reviews client financials and performs sensitivity analysis to evaluate credit risk in connection with Bank structures.
• Prepares in-depth reports providing plans of action based on qualitative and quantitative research.
• Collaborates cross-functionally with Bank groups to execute treasury management products, foreign exchange instruments, derivatives as well as legal documents.
• Produces loan packages for new and restructured loans.
• Facilitates reporting and requests on behalf of the Bank with third parties, e.g., field auditors, appraisers, etc.
• Monitors loan disbursements to ensure compliance with Bank regulations.
• May conduct lien searches and other research.
• Performs other duties as assigned.

Qualifications and Desired Skills:

• Undergraduate degree in business, finance/accounting, or related field. 
• Familiarity with financial statements and ability to analyze business and financial data.
• Proficient in the use of personal computers and software programs, such as Excel and Word.
• Familiar with financial analysis and development of spreadsheets.
• Good communication skills, both verbal and written.

Experience Required:

1 year of related experience for Credit Analyst or 2 or more years related experience for Senior Credit Analyst.