Credit Associate
BHI New York City Metropolitan Area
BHI New York City Metropolitan Area
1 week ago
See who BHI has hired for this role
Save job
Welcome back
Sign in to save Credit Associate at BHI.
- Report this job
BHI provided pay range
This range is provided by BHI. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$75,000.00/yr - $110,000.00/yr
Direct message the job poster from BHI
Lilian Ortiz
Lilian Ortiz
HR Associate - Banking Officer
Functional Title: Credit Admin Associate
FLSA: Exempt
Corporate Title: Assistant Vice President
Current Incumbent(s):
Office Location: New York
CORPORATION DEPARTMENT REPORTS TO
BHI Collateral Monitoring & Quality Assurance Credit Administration Manager
Job SUMMARY
Acquire, input, maintain, and summarize data necessary to ensure compliance with loan documents, credit approvals and existing applicable banking laws. Provide independent review and facilitate proper internal controls.
Main Duties and Responsibilities
• Maintain financial statement and compliance statement files for each borrower; including ongoing updating of information as required.
• Monitor and follow up on bank account overdrafts.
• Prepare quarterly Credit Risk reporting packages for Head Office
• Monitor reporting for Home Mortgage Disclosure Act (HMDA) and flood regulations.
• Maintain list of qualified HMDA real estate loans and report these loans to HMDA.
• Maintain Regulation B log, with reminders to business teams.
• Oversee Financial Institutions Limit Report.
• Document receipt of variance reports from RMs and update ACBS & variance folder.
• During DLO booking process; review CAP and input sheet, and add necessary covenants
• Review and update insurance info (ACBS).
• Review and update tax payments info (ACBS).
• Update real estate collateral in ACBS including value, LTV, flood determination info, appraisal report.
• Prepare and submit monthly “Exception Report” for Senior Management and Strategic Planning identifying missing items (i.e. Taxes, insurance, etc.).
• Review and report financial statements for net losses/significant deterioration.
• Review reports related to lending, collateral and covenant monitoring to ensure that the Bank’s borrowers meet their obligations to the Bank.
• Report covenant violations to Senior Management.
• Review daily dashboard reports.
• Update Accountant list.
• Approve holds/ releases of collateral.
• Monitor and maintain Beneficial ownership report.
• Perform other duties, as assigned, which fall within scope of responsibility.
Qualifications Needed
Competencies: Ability to communicate effectively and work well with others. Good organizational and follow up skills. Ability to organize and prioritize. Solid business background.
Technical Skills: Proficient is MSWord & Excel and other word processing and spreadsheet software. Prior exposure to various banking core platform applications and data analysis.
OTHER PERTINENT INFORMATION
Experience Required/Preferred: Two to four years related banking experience
Education Required/Preferred: Bachelor’s degree Finance, Accounting or Business Administration
Languages Required/Preferred: English
-
Seniority level
Associate -
Employment type
Full-time -
Job function
Finance -
Industries
Banking
Referrals increase your chances of interviewing at BHI by 2x
See who you know
Get notified about new Credit Associate jobs in New York City Metropolitan Area.
Sign in to create job alert
Similar jobs
-
Junior Credit CLO Analyst
Junior Credit CLO Analyst
Relevante, Inc.
New York, NY
-
Debt Capital Market Associate
Debt Capital Market Associate
Valley Bank
New York City Metropolitan Area $81,400.00 - $140,500.00
-
Credit Analyst
Credit Analyst
Dwight Funding
New York, NY $110,000.00 - $120,000.00
-
Counterparty Credit Risk Analyst - FIG
Counterparty Credit Risk Analyst - FIG
New York, NY $145,000.00 - $225,000.00
-
Confidential-CMBS Credit Analyst
Confidential-CMBS Credit Analyst
Bisnow
New York, NY $115,000.00 - $150,000.00
-
Associate, Private Credit
Associate, Private Credit
Yieldstreet
New York, NY
-
Loan Associate (Syndications)
Loan Associate (Syndications)
Valley Commercial Banking
New York City Metropolitan Area $81,400.00 - $140,500.00
-
MSIM PC&E - Private Credit - Associate
Morgan Stanley
New York, NY $110,000.00 - $175,000.00
-
Private Credit Associate
Private Credit Associate
New York City Metropolitan Area $225,000.00 - $275,000.00
-
Credit Risk Analyst - FIG Latam
Credit Risk Analyst - FIG Latam
New York, NY $145,000.00 - $225,000.00
-
Portfolio Management Private Credit & Equity Associate
Morgan Stanley
New York, NY $125,000.00 - $150,000.00
-
Credit Analyst - Structured Credit/CLO's
Credit Analyst - Structured Credit/CLO's
JCW
New York City Metropolitan Area $115,000.00 - $135,000.00
-
Risk, Credit Risk, Global Markets, Associate, NYC
Risk, Credit Risk, Global Markets, Associate, NYC
Goldman Sachs
New York, NY
-
Credit Analyst
Credit Analyst
Vibrant Capital Partners, Inc.
New York, NY
-
Credit - Hedge Fund Analyst
Credit - Hedge Fund Analyst
Long Ridge Partners
New York City Metropolitan Area $125,000.00 - $200,000.00
-
Healthcare Credit Analyst
Healthcare Credit Analyst
Catalio Capital Management
New York, NY $125,000.00 - $150,000.00
-
Associate - Credit Analyst
Associate - Credit Analyst
MidOcean Partners
New York, NY $125,000.00 - $140,000.00
-
Credit Associate (New York, NY)
Credit Associate (New York, NY)
Affinius Capital
New York, NY $130,000.00 - $150,000.00
-
Credit Analyst
Credit Analyst
Coface
Princeton, NJ $70,000.00 - $85,000.00
-
Credit Analyst
Credit Analyst
Delphi Capital Management
New York, NY
-
Credit Risk Analyst
Credit Risk Analyst
Coast
New York City Metropolitan Area
-
Credit Analyst
Credit Analyst
Selby Jennings
New York City Metropolitan Area $65,000.00 - $85,000.00
-
Syndication Loans Associate - NYC, NY
Syndication Loans Associate - NYC, NY
Valley Bank
New York, NY
-
Credit Officer, Associate
Credit Officer, Associate
Sumitomo Mitsui Banking Corporation – SMBC Group
New York, NY $85,000.00 - $131,000.00
-
Credit Management Associate
Credit Management Associate
Santander US
New York, NY
-
Credit Risk Associate
Credit Risk Associate
Coda Search│Staffing
New York, NY $100,000.00 - $150,000.00
-
Credit Fund Financial Analyst/Associate
Credit Fund Financial Analyst/Associate
Mission Staffing
New York, NY $100,000.00 - $140,000.00
People also viewed
-
Valuations Associate
Valuations Associate
Arrow Search Partners
New York, NY $120,000.00 - $150,000.00
-
Credit Analyst / Underwriter
Credit Analyst / Underwriter
Robert Half
Stamford, CT $80,000.00 - $110,000.00
-
Junior Credit CLO Analyst
Junior Credit CLO Analyst
Sumitomo Mitsui Trust Bank Limited New York Branch
New York, NY
-
Lenders Finance- Associate
Lenders Finance- Associate
Sumitomo Mitsui Banking Corporation – SMBC Group
New York, NY
-
Lenders Finance- Associate
Lenders Finance- Associate
Sumitomo Mitsui Banking Corporation – SMBC Group
New York, NY $76,000.00 - $120,000.00
-
Asset Based Finance / Structured Credit Associate or Senior Associate
Asset Based Finance / Structured Credit Associate or Senior Associate
LHH
New York City Metropolitan Area $120,000.00 - $200,000.00
-
Credit Analyst
Credit Analyst
Sumitomo Mitsui Trust Bank Limited New York Branch
New York, NY $83,000.00 - $100,000.00
-
Credit Management Associate
Credit Management Associate
Santander Bank, N.A.
New York, NY $79,200.00 - $149,500.00
-
GBM Private, Credit Ratings Advisory, Associate, New York
GBM Private, Credit Ratings Advisory, Associate, New York
Goldman Sachs
New York, NY
-
Loan Servicing Generalist I
Loan Servicing Generalist I
Municipal Credit Union
New York, NY
Similar Searches
- Leveraged Finance Associate jobs 78 open jobs
- Leveraged Finance Analyst jobs 1,085 open jobs
- Credit Administration Officer jobs 51,410 open jobs
- Director Patient Financial Services jobs 677 open jobs
- Credit Assistant jobs 56,405 open jobs
- Private Equity Associate jobs 4,705 open jobs
- Trade Officer jobs 56,260 open jobs
- Home Loan Specialist jobs 3,171 open jobs
- Investment Banking Associate jobs 34,251 open jobs
- Credit Risk Analyst jobs 29,308 open jobs
- Associate Banker jobs 39,415 open jobs
- Oncology Sales Representative jobs 19,523 open jobs
- Managed Services Manager jobs 5,561 open jobs
- Business Sales Manager jobs 102,835 open jobs
- Investment Associate jobs 43,599 open jobs
- Project Risk Manager jobs 32,847 open jobs
- Credit Officer jobs 41,929 open jobs
- Credit Manager jobs 41,361 open jobs
- Risk Management Associate jobs 14,640 open jobs
- Middle Office Specialist jobs 33,471 open jobs
- Metallurgical Engineer jobs 5,436 open jobs
- Competitive Intelligence Analyst jobs 15,923 open jobs
- Private jobs 329,687 open jobs
- Communications Writer jobs 12,526 open jobs
- Consulting Specialist jobs 154,010 open jobs
Explore collaborative articles
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
Explore More