Senior Credit Analyst

Senior Credit Analyst - Job Description 2025

A dynamic and analytical professional who thrives in a detail-oriented, fast-paced environment. The Senior Credit Analyst at altbanq is a key player in our credit and risk assessment team, supporting the Chief Risk Officer and working closely with underwriters to ensure the quality and profitability of our loan portfolio. This role is ideal for someone who excels at financial analysis, credit evaluation, and decision-making while contributing to the development of innovative lending products.

Location:

Midtown, New York City.

Work Schedule:

This is an on-site position, 5 days a week from 9:30 to 6:00.

Company Website:

Senior Credit Analysts protect and grow altbanq!

They ensure that every loan meets our standards for creditworthiness and risk while balancing profitability and client satisfaction.

They are key decision-makers!

From analyzing credit reports to evaluating financial documents, Senior Credit Analysts play a critical role in determining loan eligibility, pricing, and terms.

They drive innovation!

By contributing to the development of new lending products and refining our credit models, Senior Credit Analysts help us expand our offerings and maintain our competitive edge.

• Review borrower credit reports, background checks, and conduct searches for liens, judgments, bankruptcies, criminal records, lawsuits, corporate filings, Secretary of State filings, and UCCs.
• Analyze financial documents, including bank statements, profit and loss statements, balance sheets, accounts receivable, and tax returns, to assess cash flow and risk.
• Determine credit eligibility and recommend loan amounts based on detailed cash flow analysis and risk assessment.
• Price loans and establish repayment terms (weekly, biweekly, or monthly) using altbanq’s proprietary pricing model.
• Collaborate with the Chief Risk Officer and underwriters to evaluate complex cases and ensure adherence to altbanq’s risk guidelines.
• Prepare comprehensive credit memos summarizing findings and recommendations for internal review.
• Monitor market trends and borrower industries to provide insights on risk mitigation and lending opportunities.
• Support the development of new lending products and credit policies to expand altbanq’s offerings.

• Experience: At least 2+ years of experience in credit analysis, underwriting, or a similar role, preferably in business financing or short-term loans.
• Education: Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
• Collaboration: A team player who communicates effectively with internal teams and leadership.
• Growth Mindset: Eager to take on responsibilities, mentor junior staff, and contribute to altbanq’s strategic goals.

• Proficiency in financial analysis and modeling.
• Advanced Excel skills and experience with Salesforce (highly preferred).
• Familiarity with credit reports, cash flow analysis, and risk assessment tools.

• Strong analytical and decision-making skills.
• Exceptional attention to detail and accuracy.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Salary: $100,000 - $150,000, depending on experience.

• Medical, Dental, and Vision Insurance.
• Ancillary Benefits Plans, including Life Insurance and Commuter Benefits.
• 401(k) Retirement Plan.
• Flexible Spending Accounts (FSA).
• End-of-year discretionary bonuses based on performance.

• Opportunity to assume leadership responsibilities by overseeing underwriters as delegated by the Chief Risk Officer.
• Contribute to the development of new lending products and the credit policies that support them.
• Play a significant role in expanding altbanq’s product offerings and market reach.

Join altbanq and help redefine short-term business lending!

We’re looking for a sharp and resourceful Senior Credit Analyst who can make a tangible impact on our growth and success. Apply today to take your career to the next level!