Sr. Credit Analyst

Job DescriptionJob Description

Position Overview:

The Senior Credit Analyst - Inventory Finance, is an underwriting role that contributes to underwriting of all transaction sizes, has a critically important function to review and process transactions within their earned credit authority and present transactions for total exposures exceeding earned credit authority to senior management across all verticals. Candidate should have broad commercial dealer floorplan lending experience in a variety of asset classes with demonstrated success in working in a fast paced, high growth environment.

Commitment to Internal Control:

The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.

Essential Duties and Responsibilities:

(List in order of time spent)

• Underwrite, prepare credit memos and decision transactions within earned credit authority and present transactions that exceed earned credit authority to senior management.
• Review and spread financials/tax returns to provide formative analysis regarding performance and trends. Familiarity with Moody’s Financial/Risk Analysis or a comparable financial spreading tool is important to assist with underwriting analysis.
• Provide articulate, thoughtful, and effective communication when discussing transactions with Sales, Dealers, as well as with internal clients such as the Operations department.
• Obtain & analyze public and private information such as Dun & Bradstreet reports, PayNet reports, Secretary of State corporate name verifications, Credit Bureau reports etc.
• Knowledge of UCC perfection, UCC priority, legal documentation requirements.
• Research industries, markets, and equipment as necessary.
• Performs other related duties as assigned by management.

KPI’s (Key Performance Indicators):

• Underwrite and decision transactions.
• Obtain and analyze public and private information.
• Provide best-in-class service to internal and external customers.

Responsibility and Decision-Making Authority:

Act independently; Decision-making within Company policy.

Management/Supervisory Responsibilities:

None.

Qualifications:

• Minimum 4 years of commercial underwriting experience.
• Experience in underwriting commercial dealer floorplan requests across number of industries within transportation, equipment finance, construction, other assets classes.

Competencies:

• Adapts to changes in the work environment.
• Collects and researches data.
• Excellent written and verbal communication skills.

Education and Experience:

• Bachelor’s degree required with a major in finance or management preferred.

Licensing and Certification:

• None.

Tools and Equipment Used:

• Personal computer, copier, phone, and other typical office equipment.

Working Hours:

• Hours may vary and will require some evening work; frequently requires working 40-45 hours/week depending on business needs.

Travel:

• Occasional travel related to attendance at industry seminars or to visit with dealers or equipment manufacturers.

Physical Demands:

• Digital dexterity and hand/eye coordination in operation of office equipment.
• Light lifting and carrying of supplies, files, etc.
• Ability to speak to and hear customers and/or other employees via phone or in person.
• Body motor skills sufficient to enable incumbent to move from one office location to another.

The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.

The salary will be between $70,000.00 and $95,000.00 with an opportunity to earn (a discretionary annual bonus).

The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.

Additional benefits:

- Medical, Dental, and vision plans

- 401(k) and matching

- Paid Time Off

- Company Paid Life Insurance

- Employee Assistance Program

- Training and Development Opportunities

- Employee Discounts

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