Sr. Credit Analyst

Position Overview

The Senior Credit Analyst - Inventory Finance is a commercial credit (dealer floorplan) underwriting role that contributes to the underwriting of all transaction sizes. This role 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.

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

• Underwrite, prepare detailed, thorough credit memos presenting the credit request with appropriate risks and mitigants and decide transactions within earned credit authority
• 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 process, reviewing UCC searches to determine priority, understanding and ability to negotiate intercreditor agreements and other legal documentation
• Research industries, markets, and equipment as necessary
• Ability to work independently to complete assigned new business requests, increases and/or annual reviews

Responsibility And Decision-Making Authority

Act independently; Decision-making within Company policy.

Management/Supervisory Responsibilities

N/A

Qualifications

• Minimum 4 years of commercial underwriting experience (not consumer or mortgage) with a bank or other financial institution
• 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
• Collections and researches data
• Excellent written and verbal communication skills

Education And Experience

• 4 - year bachelor’s degree required with a major in finance or management preferred

Licensing And Certification

N/A

Tools And Equipment Used

• Personal computer
• Copier
• Phone
• and other typical office equipment

Working Hours

• Hours may vary and may require some evening work; frequently requires working 40-45 hours/week depending on business needs
• This is a hybrid position
• 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

Additional Benefits

• Medical, Dental and Vision Plans
• 401(k) and matching
• Generous Paid Time Off
• Company paid Life Insurance
• Employee assistance program
• Training and Development Opportunities
• Employee discounts

Job Description

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.