Overview
This remote Commercial Credit Analyst role supports an established national equipment finance organization. The position underwrites commercial borrowers and equipment finance transactions, develops well-supported credit recommendations, and partners with sales, operations, documentation, and credit leadership throughout the approval process.
Direct commercial equipment finance underwriting experience is required. Candidates without prior underwriting experience in the equipment finance industry will not be considered.
Responsibilities
- Underwrite commercial equipment finance transactions by analyzing financial statements, tax returns, cash flow, credit reports, bank information, collateral, guarantor support, and repayment capacity.
- Evaluate equipment loans, finance leases, capital leases, operating leases, sale-leaseback transactions, vendor finance programs, and other commercial equipment finance structures.
- Assess equipment values, collateral quality, advance rates, proposed terms, transaction structure, industry conditions, borrower strength, and concentration exposure.
- Identify material credit risks, policy exceptions, documentation concerns, and determine appropriate structural or financial mitigants.
- Prepare clear, concise, and well-supported credit memoranda and approval recommendations for new transactions, renewals, amendments, and other credit requests.
- Present transactions and respond to questions from senior credit leadership or the credit committee as needed.
- Collaborate with sales, operations, documentation, asset management, and credit leadership to obtain required information and move qualified transactions through the approval process.
- Maintain complete and accurate credit files, approval conditions, workflow status, and supporting documentation.
- Monitor assigned transactions for adverse trends, emerging risks, missing information, and unresolved approval conditions.
- Communicate credit concerns promptly and exercise sound independent judgment within established policies and approval guidelines.
Requirements
Required Qualifications
- Three to seven years of direct commercial equipment finance underwriting experience.
- Prior underwriting experience in the equipment finance industry is required.
- Candidates without direct equipment finance underwriting experience will not be considered.
- Demonstrated experience underwriting commercial equipment loans, leases, or other equipment finance transactions.
- Strong financial statement, cash flow, liquidity, leverage, collateral, and repayment-capacity analysis skills.
- Experience evaluating equipment values, advance rates, transaction terms, guarantor support, and repayment risk.
- Demonstrated ability to prepare concise, accurate, and well-supported credit memoranda and underwriting recommendations.
- Working knowledge of commercial equipment finance structures, collateral considerations, documentation requirements, and credit policies.
- Ability to manage multiple transactions independently, meet service expectations, and escalate complex or higher-risk matters appropriately.
- Strong written and verbal communication skills.
- Ability to work effectively with sales, operations, documentation, asset management, and credit partners.
- Proficiency with Microsoft Excel, Word, and commercial credit or portfolio management systems.
- Ability to work remotely from within the United States during required business hours.
Education
A bachelor’s degree in finance, accounting, economics, business, or a related field is preferred. Equivalent direct commercial equipment finance underwriting experience may be considered.
Compensation & Benefits
- Estimated base salary range: $90,000–$105,000, depending on experience and qualifications.
Location
Remote position (must be able to work remotely from within the United States during required business hours).