New York Private Finance LLC (“NYPF”) is a subsidiary of Emigrant Bank. We underwrite and manage structured, medium-term, private equity-backed loans to entrepreneurs and private investors. In addition, we may engage in advisory services for active private investors on the best ways to finance strategic investments or restructure stressed balance sheets.
Structured Lending – We provide highly structured loans of 3 to 6 years in maturity to private individuals to match the specific client needs and the intended investment use of proceeds. NYPF’s loans range in amounts from $5 MM to $25 MM and are fully secured with collateral consisting mainly of private equity interests or other ownership interests in private assets.
Advisory Services - We advise on structuring financing transactions for private clients' strategic investments and help clients raise the funds from banking and non-banking sources.
Job Summary
The Credit Analyst will support the group’s Vice President and Chief Credit Officer with respect to the division’s lending function defined below. Primary responsibilities will be to conduct financial modeling, due diligence, memoranda drafting, and documentation on lending transactions. Specific responsibilities include, but may not be limited to:
Attend and assist loan prospect and prospective client meetings
Participate in the due diligence investigation of potential borrowers
Assist in all due diligence activities for new loan transactions, including external and internal
Receive, collect and log-in due diligence materials
Perform research on industry, economic and credit risks relating to prospective borrower, and the potential collateral
Create financial models and analysis of borrowers and collateral companies to support credit analysis and documentation
Participate in collateral definition and appraisal process
Prepare drafts of term sheets and credit memoranda
Review and respond to the draft credit documents and related schedules
Attend internal credit meetings concerning the loan credit activities
Advisory Services
Receive, collect and log-in due diligence materials
Create financial models and analysis of client information to support credit client recommendations and documentation
Create client recommendations and presentations
Attend and assist at client meetings
Business Development
Assist business development officers in new client generation
Assist in design and production of prospect and client communications
Assist in design and production of new business pitch materials
Attend new business meetings
Qualifications:
Strong verbal and written communication skills, professional presentation, organizational skills and a proactive customer service approach. This position requires the incumbent to communicate clearly with internal business units and co-workers.
Strong proficiency in Excel, Powerpoint and Word
Familiarity with using Bloomberg Terminal a plus
Excellent detail orientation, exceptional problem-solving skills, and an ability to organize and prioritize work in order to meet deadlines in a proactive manner with little supervision
1 to 3 years of work experience in accounting or finance, with experience in credit analysis, lending or financial transaction activities
Bachelor’s Degree
The job description outlined above is considered a core list of job duties/requirements. This document should not be considered a complete or comprehensive list. The incumbent assigned to this position is required to perform the duties listed above. The incumbent is also expected to adapt to changes and/or additions as needed. Nothing contained within this document is intended or shall be construed to create or constitute a contract of employment between any employee or group of employees and Emigrant Savings Bank and its Subsidiaries. Emigrant Savings Bank and its Subsidiaries retains and reserves any and all rights to change, modify , amend, add to or delete from any section of this document as it deems, in its judgment, to be proper.
