Commercial Credit Lending Analyst

I worked in loan review.

What type of bank, (Regional, National, Local)?

I spent my time doing it. Great learning experience.

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I spent my time doing it. Great learning experience.

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That's what I'm hoping for. I don't want to say too much about it, because I'm still in the interview process, but after learning more about it, I'm pretty excited about it.

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Full salary while you do it?

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Yeah, not hedge fund or IB quality pay, but good salary.

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This actually doesn't sound bad at all for your career.

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A lot of the private equity groups have talked about how this kind of program is usually where they recruit out of, so I'm pretty optimistic about it.

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The regional banks automate many of their loans to headquarters so I'm not sure exactly what your job would be. Maybe just gathering information from the loan officer? Or would you be one of the younger guys at headquarters?

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This is a local office, but it seems like I would have the role of one of the younger guys at HQ. Basically full financial analysis, cash flow projection, earnings quality, etc.

I'm looking for questions I should be asking about the job as much as thoughts on the program, so this is all helpful.

sure.

I'll respond from my regular account.

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I spent my time doing it. Great learning experience.



That's what I'm hoping for. I don't want to say too much about it, because I'm still in the interview process, but after learning more about it, I'm pretty excited about it.

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If it's a good fit for you, I hope you get it. If you use the opportunity to learn more than just financial analysis, you'll have a job for life.

What I mean is use the time learning about businesses, what drives them, how they operate, how and why they get in trouble (you'll see plenty of that!) and why the good ones are successful. You'll come away knowing more about real businesses than you ever learned in grad school.

Like I said, it's a very good learning experience, especially if you approach it as more than just the typical ratio analysis boring stuff.

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What I mean is use the time learning about businesses, what drives them, how they operate, how and why they get in trouble (you'll see plenty of that!) and why the good ones are successful. You'll come away knowing more about real businesses than you ever learned in grad school.

Like I said, it's a very good learning experience, especially if you approach it as more than just the typical ratio analysis boring stuff.

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That's exactly what I'm looking for. Thanks for your input.

Yeah that's what I've always tried to get out of my current job. 1.33 years in and I think I've managed to accomplish (/continuing to accomplish) that goal.

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Will you promise to still post on tigerdroppings when you are cruising the mediterranean on your yacht?

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I was planning on taking all of you out there to start up a hedge fund located in international waters.

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I did the credit analyst thing for almost 2 years before moving into a commercial underwriter role that I've been in now for about 4 years. It's a very good place to start if you're just getting out of school. A decent salary but good learning and growth opportunities. Good luck.

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Thanks for the insight. What bank, if you don't mind me asking.

Hey flask I got a question for ya, mind if I shoot you an email?

I do this now. Good experience, you get to learn a lot about a bunch of industries. And you know what is going on in the area way before anything gets built, Like where the next Johnny's pizza might be