Sr. Credit Officer, Equipment Finance

2 weeks ago


Trenton, United States Highland Capital Corporation Full time

Job Overview The Senior Credit Officer will review and approve commercial lease transactions within prescribed credit authority for the Healthcare segment.

Responsibilities include but are not limited to: Primary: Approve commercial credits within prescribed credit authority (Industrial, and Healthcare markets) to support the Healthcare business segment and assist with the industrial business segments transactions. Monitor compliance with HCC Credit Policy and any applicable bank regulations. Work with Account Executives in structuring appropriate credit facilities for existing clients and new customers. Review (and sponsor as needed) credits submitted for Credit Committee approval. Mentor lenders and underwriters concerning the bank's credit culture, policies and procedures(structuring of commercial loans and leasing transactions). Secondary: Analyze monthly credit metrics and develop Credit Risk Assessment analysis for monthly Board meeting. Attend periodic meetings including HCC Watch and Criticized Loan and Credit Committee Meetings etc. Other CRM Duties: Conduct credit-related projects at the direction of Highland Chief Operating Officer. Participate in establishing and maintaining Credit Policy and related procedures and guidelines. Conduct credit assessment of commercial lease portfolios as part of due diligence efforts for potential acquisitions.

Required Skills: Strong command of financial accounting including knowledge of Financial Accounting Standards Board (FASS) guidance affecting financial reporting such as FAS 5, FAS 13, FAS 95, FAS 114, FAS 141. Ability to analyze complex financial statements and assess business cash flow. Ability to analyze personal tax returns, personal financial statements and assess an individual's net worth, liquidity and cash flow capacity. Knowledge of corporate organizational structures and the impact of these structures on federal tax liability. Knowledge of the fundamental risk factors associated with a broad array of industry sectors (e.g., manufacturing, healthcare, packaging, plastics and printing) and assess these risks as part of the overall credit risk assessment and decision process. Ability to effectively communicate credit concerns and formulate alternate loan/lease structures to business unit Vice President, department heads and senior management. Ability to properly identify the key credit risks and reach a prompt and well thought out credit decision. Knowledge of loan/lease documentation requirements for all types of commercial loan and lease products utilized in the equipment leasing market. Strong knowledge of relevant banking regulations including Regulation B, Regulation 0, AML/BSA , OFAC.

Required Experience: Bachelor's Degree in a business-related discipline and a minimum of 7 years' credit experience in middle market involving loan and leasing transactions with substantial credit authority. Credit Management experience in at least one of the following areas: underwriting, portfolio management , lease/loan servicing, lease/loan administration or loan documentation. Masters degree/MBA and formal credit training preferred.

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