Wednesday , March 22 2023

NYCB Careers – Financial Specialist I

Website NYCB

Job Description:

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


Job Responsibilities:

  • 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

Job Requirements:

  • Bachelor’s Degree in Business, Finance or Accounting preferred.
  • One year of experience in financial industry preferably in the commercial lending field.
  • 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.
  • Excellent organizational skills. Ability to manage and prioritize multiple work assignments.

Job Details:

Company: NYCB

Vacancy Type: Full Time

Job Location: New York, NY, US

Application Deadline: N/A

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