Review Vacancy
AgencyEmpire State Development, NYS
TitleSenior Financial Analyst/Underwriter
Occupational CategoryFinancial, Accounting, Auditing
Salary RangeFrom $85000 to $85000 Annually
Minimum Qualifications Education Level required: MBA in Finance or Real Estate desirable.
Relevant experience required: 5+ years of commercial bank underwriting, analyzing large scale real estate development projects and/or significant financial product development and implementation experience.
Knowledge required: The ideal candidate will have sufficient knowledge to independently analyze/spread financial statements and draft concise analyses of credit documentation. This will include extensive knowledge of financial accounting; strong analytic abilities; facility with financial modeling; and excellent written and oral communication skills.
Duties Description •Review and analyze financial statements to determine the creditworthiness of all commercial loan originations.
•Obtain financial projections and create cash flow models for operating companies and real estate developments.
•Perform site visits and conduct interviews with counter parties.
•Perform risk assessment of credit and collateral ensuring loan stability and sound credit quality.
•Draft loan reports and present to the board for approval.
•Research, develop and implement programs that promote economic development.
•Create financial products which help fill funding gaps and the market.
•Develop revenue generating ideas such as loans, credit enhancements, etc.
•Provide high-level financial analysis assistance to various other departments, including real estate, venture capital and loans & grants, in addition to other governmental agencies.
•Critically analyze large-scale development projects throughout New York State and help structure potential loans, grants and other state subsides.
•Perform sensitivity analyses and initiate financial feasibility studies on complex business development proposals.
•Conduct site visits to borrowers and grantees for continued engagement and research.
•Cultivate relations with small/mid-size, regional banks, CDFIs, local development agencies and industry organizations and form partnerships to help businesses in New York State to grow and prosper.
•Attend various conferences and seminars to establish new contacts and discover new opportunities.
Additional Comments Salary up to specified amount
Some positions may require additional credentials or a background check to verify your identity.