Credit Officer

About the role

The Commercial Credit Officer primarily underwrites commercial lease transactions sourced through various platforms including Healthcare, Technology, Industrial, Transportation, and Capital Markets. This role works closely with all credit personnel, platform sales managers/associates, and VEF support groups.

Responsibilities

• Prepares written analyses, transaction approval summaries, and related industry studies to assist in lending decisions on new, renewal, and extensions of credit in accordance with VEF policy.
• Prepares analytical results and written conclusions to all levels of management and/or credit committees.
• Establishes and maintains a strong working relationship with VEF originations and operations teams.
• Completes documentation review and administration up to individual credit authority.
• Processes appeals and changes to original decisions.
• Reviews financial condition of vendor, partner, payee, and/or customer.
• Provides coaching and training of junior credit staff.
• Able to exercise single signature credit authority of up to $2MM.

Qualifications

• 5+ years of experience in Commercial Credit.
• Previous experience underwriting for a financial services company.
• Prior to 7+ years of experience in Commercial Credit.
• Previous experience in the Equipment Finance industry.

Benefits

Variety of benefits including Medical, dental, vision & HSA/FSA, 401(k) savings, Paid holidays & generous PTO, Additional wellness & voluntary benefits, Tuition reimbursement, Commuter Benefits, Life and Disability Insurance.

Pay

$121,500 - $164,300

Schedule

N/A