Job Opportunities in United States

Job description
About JIC Bank:
JIC Bank is an international financial institution headquartered in Santurce, Puerto Rico, specializing in providing lending solutions and financial services to U.S. businesses. Focusing on small and medium-sized enterprises (SMEs) and individual clients, JIC Bank is positioned to leverage innovative loan models to provide liquidity and flexible financing options. Through a combination of loan sale agreements and warehouse lending, JIC Bank maximizes its lending capacity while minimizing capital risks, empowering businesses with access to timely, secure, and efficient funding.
Job Overview:
JIC Bank is seeking a highly skilled Loan Analyst to oversee its growing business lending operations. The successful candidate will possess strong financial acumen and a solid understanding of credit analysis, loan processing, and quantitative research. This role is crucial in assessing the creditworthiness of potential clients and managing existing accounts to minimize risk while maximizing profitability. The Loan Analyst will ensure compliance with all regulatory requirements, will be responsible for assessing credit requests and producing a recommendation after undertaking a thorough analysis of a variety of factors and careful analysis of a client’s financial information, including income statements, cash flow history, current debt, and tax forms. Provides recommendations as to the viability of a loan transaction after conducting an assessment on the client and determining the risk of a loan using information from financial statements, along with the proposed loan amount and terms, and best practices and methods. This role is crucial in assessing the creditworthiness of potential clients and managing existing accounts to minimize risk while maximizing profitability.
Key Responsibilities:
· Provide analysis of customer financial information and ensure that all data entry is accurate and complete.
· Responsible for the underwriting of loan requests.
· Interact with loan/credit customers, prospects, and bank management.
· Responsible for reviewing legal documentation and ensuring proper administrative follow-up of credit decisions.
· Analyze loan data, including data provided by customers, credit information, and bank records on loans to ensure loan worthiness.
· Prepare spreadsheets, summaries, portfolio reports, and opinions for loan committees to aid sound credit decisions on new, and existing loans.
· Discuss lending parameters such as loan structure, cash flow, collateral, character, and other relevant lending issues with the Chief Loan Officer.
· Grade the risk associated with proposed loans during the underwriting process.
· Utilize sound credit analysis techniques to ensure a profitable business portfolio.
· Obtain critical information for the monitoring of loan portfolio through conducting telephone interviews (if necessary).
· Determine the appropriate credit rating of a company or client being analyzed by performing financial and credit analysis.
· Responsible for conducting company and industry research as needed.
· Undertake online research of public records, including, but not limited to county register’s databases, Secretary of State Database, and assessor’s database, for corporate filings and Uniform Commercial Code (UCC) filings.
· Ensure that all necessary information relevant for decision-making is included in the Credit Approval Memorandum (CAM).
· Ensure that clients’ financial statements are in line with the company’s policies, and express an opinion on the financial situation of the customer.
· Review loan files as needed to ensure quality, consistency, and compliance with lending guidelines.
· Other duties as assigned by supervisor.
Qualifications:
· Bachelor's Degree (BA) from four-year college or university in Accounting or Finance, or five years of related experience and/or training, or equivalent combination of education and experience. MBA is a plus.
· 3-5 years of bank credit analysis experience, specifically as a Loan Analyst or Credit Analyst.
· Strong working knowledge of lending, financial structuring and credit arrangements, and bank products, with sound knowledge of credit and financial analysis, including cash flow analysis, balance sheet analysis, profitability, liquidity, and solvency analysis.
· Ability to interpret policies and procedures, financial statements, and credit reports with strong analytical skills.
· Ability to establish credibility/rapport and to communicate and function professionally with all levels of personnel and business partners across the organization.
· Computer skills required: Microsoft Office Suite (especially Excel), Outlook.
· Excellent customer contact skills; comfortable asking questions/ interviewing customers about their financial situation; strong listening skills.
· Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner.
· Strong verbal, written, and interpersonal skills, as well as analytic and problem-solving skills.
· Problem recognition and resolution skills.
· Ability to work autonomously and within a team.
· Motivated self-starter and an active learner.
Why Join JIC Bank?
At JIC Bank, we are committed to driving growth for U.S. businesses through innovative lending solutions. As a Commercial Loan Manager, you will play a key role in expanding our commercial lending portfolio while leveraging cutting-edge lending models that free up capital and increase profitability. Join us in shaping the future of business lending in a dynamic and supportive work environment.
Process:
Interested candidates should submit their resume and a cover letter detailing their experience in lending or commercial credit analysis, to cr@bankjic.com. Include your resume and salary requirements.
Job Type: Full-time
Pay: $35,000.00 - $50,000.00 per year
Benefits:
● Dental Insurance
● Health Insurance
● Vision Insurance
● Paid time off
Schedule:
● 8-hour shift
● Day shift
● Monday to Friday
Skill:

• Strong written communication abilities, including technical writing skills as well as excellent verbal communication skills
• Knowledge of bank accounting, regulations, policies and procedures.
• Knowledge of lending policies and procedures.
• Regards for all important details to assure accuracy in every transaction performed; detect errors; follow through on corrections and details.
• Language Spanish and English

Work Location:
· In person
Job Type: Full-time
Pay: $16.60 - $25.00 per hour
Expected hours: 40 per week
Benefits:

• Dental insurance
• Health insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift

Ability to Relocate:

• Santurce, PR 00916: Relocate before starting work (Required)

Work Location: In person