Job Location: Plano, TX
Job Detail:
- Hybrid Opportunity as a Credit Monitoring Analyst with one of our financial partners in the Plano, Texas area!*
- Description:* Wholesale Lending Services (WLS) supports several lines of businesses that include Business Banking, Commercial Bank, Global Wealth Management, and Investment Bank. Credit Monitoring sits within the WLS and provides Credit Compliance Monitoring for the Commercial Banking Loan Portfolio.
As a Credit Monitoring Analyst for Commercial Bank, you will be responsible assessing compliance with credit agreement terms for an assigned portfolio of borrowers. In this role, you will interpret financial and other covenants included in credit agreements to determine whether borrowers are meeting the terms of the credit agreements or in default. The credit agreements cover syndicated loans and bilateral agreements.
- Job Responsibilities*
- Determine whether corporate borrowers have breached covenants, and as a result, have defaulted on the terms of their credit agreements
- Interpret credit agreements and other legal documents to determine which co-borrowers, guarantors and other parties to the agreements require set up in bank’s system of record for future covenant compliance evaluation
- Perform credit analysis, review documentation and monitor ongoing compliance with financial covenants within an assigned portfolio of borrowers
- Independently calculate cash flow and leverage ratios in accordance with specific terms laid out in credit agreements
- Develop strong knowledge of secured lending products including borrowing base credit facilities
- Determine the grid-based performance pricing that applies to borrower so the bank gets adequately compensated for credit risk
- Adhere to the quality control standards that have been set for the process and to service level agreements WLS has with its internal business partners
- Skills:* Financial Analysis Credit Risk Credit Risk Analysis Commercial Loans/Lending Wholesale Lending Covenant Information Professional Document Review Data Entry
- Additional Skills & Qualifications:* Must have their own laptop for when working at home.
- Experience Level:* Intermediate Level
About Aston Carter:
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At Aston Carter, we’re dedicated to expanding career opportunities for the skilled professionals who power our business. Our success is driven by the talented, motivated people who join our team across a range of positions – from recruiting, sales and delivery to corporate roles. As part of our team, employees have the opportunity for long-term career success, where hard work is rewarded and the potential for growth is limitless. Established in 1997, Aston Carter is a leading staffing and consulting firm, providing high-caliber talent and premium services to more than 7,000 companies across North America. Spanning four continents and more than 200 offices, we extend our clients’ capabilities by seeking solvers and delivering solutions to address today’s workforce challenges. For organizations looking for innovative solutions shaped by critical-thinking professionals, visit [AstonCarter.com.](AstonCarter.com) Aston Carter is a company within Allegis Group, a global leader in talent solutions. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law. If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please call 888-237-6835 or email [astoncarteraccommodation@astoncarter.com](mailto:%20astoncarteraccommodation@astoncarter.com) for other accommodation options. However, if you have questions about this position, please contact the Recruiter located at the bottom of the job posting. The Recruiter is the sole point of contact for questions about this position.
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