Credit Analyst III - Equipment Finance

Essential Functions

• Prepare timely, high quality credit analysis and recommendations that accurately and thoroughly evaluate the strengths and weaknesses associated with credit actions.

• Engage in the Opportunity Memo process, assessing the strengths and weaknesses of credits and finalizing Opportunity Memos for presentation.  Actively participate on OM calls.   

• Effectively analyze financial statements and related data, industry risk, loan structure and market conditions to assess the overall creditworthiness and repayment ability of borrowers.

• Utilize financial spreading software as well as other financial analysis tools to evaluate borrower’s cash flow and determine adequacy of the borrower’s primary and secondary repayment sources.

• Conduct underwriting, identify credit risks, analyze repayment capacity and prepare collateral coverage and present in a narrative format within credit memos or modifications to support requests for new money, renewals, annual reviews and modifications.

• Work within the guidance of the credit approval team to recommend appropriate credit structuring, documentation, and risk controls on credit requests.

• Assist in determining the appropriate level of underwriting and due diligence for the credit’s risk for credit.

• Complete underwriting tasks within expected service level and turnaround times.

• Participate in business calls with commercial lending and credit administration teams.

• Maintain a working knowledge of macroeconomic issues in local markets and regional industries.

• Maintain data integrity with the underwriting platform to ensure accurate record of credit relationships.

• Responsible for all compliance and audit-related matters in area of responsibility

• Remain current on all banking rules and regulations relating to Credit Administration, Commercial Lending and Appraisals

• Identify policy exceptions for credit requests consistent with the Bank’s Commercial Credit Policy.

• Monitor, develop, and suggest revisions to workflows and procedures as necessary to enhance efficiency and minimize expenses.

• Identify potential for credit losses and mitigate risk appropriately.

• Utilize risk rating models to accurately determine risk ratings for credit requests.

• Prioritize assignments with guidance from the Commercial Credit Managers. 

• Evaluate the financial condition of guarantors through the effective analysis of personal financial statements and personal tax returns.

• Perform loan covenant testing calculations and update covenant compliance records.

• Complete education, as identified or assigned, to provide expertise in loan underwriting, loan structuring, and overall professional development.

• Develop business writing and professional communication skills.

Preferred Education and Experience

• Bachelor’s degree in business administration, accounting, management, finance, or related discipline

• 6-8 years relevant commercial lending or credit administration experience, specifically related to Equipment Finance

Additional Knowledge, Skills, and Abilities

• Demonstrated ability to analyze complex credits accurately and efficiently

• Knowledge of a lending to a wide variety of industries

• Ability to analyze detailed financial data, strong computer skills, including word processing and spreadsheets

• Ability to work with minimal direct supervision and requires the use of independent judgment and decision making

• Preferred knowledge in high-net worth and corporate aircraft transactions

• Understanding of secured loan documentation; negotiation skills

• Strong interpersonal skills to effectively communicate with prospects, Senior Account Executives, agent banks, credit administration, and other bank personnel.

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