Financial Specialist 9/3/2016

Wolfcreek Consulting Hicksville, NY

Company
Wolfcreek Consulting
Job Classification
Full Time
Company Ref #
29545417
AJE Ref #
576086426
Location
Hicksville, NY
Job Type
Regular

JOB DESCRIPTION

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Financial Specialist I

JOB SUMMARY

Responsible for performing less complex review and analysis of financial statements for income producing multi-family and commercial mortgage loans for both the Community and Commercial banks.

ESSENTIAL FUNCTIONS

Analyzes borrowers' financial statements, balance sheets, income & expense statements, rent rolls, etc. Reviews current escrow balances as well as outstanding undertakings. Compares current analysis to previously completed reviews and reports major changes/trends to department manager.Enters data relative to satisfactory/required debt service coverage. Advises department manager of findings if debt service coverage is not adequate. Performs in-depth reviews of loans in the High Profile portfolio and works with the bank's loan officers in completing said reviews. Communicates with borrowers, managing agents, account officers, controllers, attorneys and brokers as needed to clarify information. Performs special projects, and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures

EDUCATION AND EXPERIENCE

Bachelor's Degree in Business, Finance or Accounting preferred. One year of experience in financial industry preferably in the commercial lending field

KNOWLEDGE, SKILLS AND ABILITIES

Basic knowledge of commercial lending regulations and practices{Computer literate with proficiency in Microsoft Excel and word, Excellent verbal, written and interpersonal communication skills, Good financial analysis and mathematical skills. Detail oriented and Excellent organizational skills. Ability to manage and prioritize multiple work assignments.