About the job
Employee Applicant Privacy Notice
About Us:
Join us in shaping a brighter financial future. At SoFi, we are revolutionizing personal finance by leveraging innovative, mobile-first technology to empower our millions of members to achieve their financial goals. As a next-generation financial services company and national bank, we are at the forefront of an unprecedented transformation in the industry. Every day, we take pride in knowing our work positively impacts lives, guided by our core values. Invest in yourself, your career, and the financial world with us.
The Role:
The Credit Analyst will play a crucial role in underwriting and analyzing credit risk, focusing primarily on multifamily real estate for commercial borrowers. This position is integral to new loan originations and portfolio management, involving tasks such as spreading financial statements, constructing cash flow models, preparing credit memoranda, and collaborating with relationship managers, portfolio managers, and clients. Additionally, the analyst will underwrite various non-real estate credit products, including lines of credit, business term loans, and SBA loans.
Key Responsibilities:
- Underwrite and analyze commercial real estate loans, focusing on multifamily properties.
- Spread and analyze borrower and guarantor financial statements, tax returns, rent rolls, and operating statements.
- Build and maintain financial models, cash flow analyses, and debt service coverage calculations.
- Prepare clear and well-supported credit memoranda and internal reports for loan committees.
- Assist with underwriting and analysis of commercial lines of credit, business term loans, and SBA loan requests.
- Conduct global cash flow analysis for complex borrowing relationships.
- Collaborate closely with relationship managers, portfolio managers, and customers to gather necessary documentation and clarify financial information.
- Support ongoing portfolio monitoring, including annual reviews, covenant tracking, and risk rating updates.

