Sr. Credit Analyst

Overview

Position is located in Flower Mound, TX, Itasca, IL or Norwalk, CT.

The Senior Credit Analyst - Inventory Finance is a commercial credit (dealer floorplan) 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 lending experience in a variety of asset classes with demonstrated success in working in a fast paced, high growth environment.

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.

• Underwrite, prepare detailed, thorough credit memos presenting the credit request with appropriate risks and mitigants and decision 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.
• Performs other related duties as assigned by management.

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

Act independently;
Decision-making within Company policy.

N/A

• 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 asset classes.

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

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

N/A

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

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

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

• 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.

This role is considered exempt, and the salary will range between $76,600 - $89,757 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.

• 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

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.