Credit Analyst

Credit Analyst

The New Mexico Finance Authority (NMFA) in Santa Fe is seeking a Credit Analyst to join our Credit Team. This position will be responsible for public lending activities of the organization. The credit analysis required varies by program but typically involves working with NMFA’s lending team to analyze historic financials (audits, tax returns), and to calculate the relevant debt service coverage ratios and other elements of the underwriting processes, including preparing a credit summary narrative and assisting in assigning a risk rating to each transaction.

Reporting to the Managing Director of Credit, the credit analyst works collaboratively with regional finance managers, other credit analysts, internal and external legal counsel, and NMFA client services to support the underwriting, structuring, approval, and monitoring of a variety of loan products and programs.

The credit analyst will thoroughly analyze audits, legal documents such as loan agreements, state legislation, NMFA policy, ordinances and other source documents to determine the current borrower status and projected performance.

NMFA is a government instrumentality whose mission is to be New Mexico’s partner in building economic prosperity and stronger communities. The ideal candidate will possess a bachelor’s degree in finance or accounting, 3- 5 years of professional experience in investment and/or commercial banking, accounting, budgeting, or public finance. The candidate must possess strong technical skills particularly in the areas of cash flow analysis and the interpretation of a variety of financial reports and statements. In addition to performing financial analyses, the successful candidate will be expected to draft written reports and to effectively communicate, verbally and in writing, analyses and conclusions to team members and in Committee/Board presentations.

Interested candidates may submit a cover letter and resume to the attention of the HR Director, New Mexico Finance Authority, 810 West San Mateo Rd., Santa Fe, NM 87505 or via email at nmccollum@nmfa.net.

Job Type: Full-time

Pay: $75,000.00 - $85,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Tuition reimbursement
• Vision insurance

Application Question(s):

• Do you now, or will you in the future require visa sponsorship?

Education:

• Bachelor's (Preferred)

Experience:

• Credit analysis: 3 years (Preferred)
• Debt service ratios: 3 years (Preferred)
• Monitoring loan performancxe: 3 years (Preferred)
• Investment or commercial banking: 3 years (Preferred)
• Interpretation of financial reports or statements: 3 years (Preferred)
• Financial report writing: 3 years (Preferred)
• Underwriting analysis: 3 years (Preferred)

Work Location: Hybrid remote in Santa Fe, NM 87505