Commercial Credit Underwriter/Analyst

Overview

A financial holding company and its subsidiaries provide a wide range of business and financial solutions to the small- and medium-sized business (SMB) market across all 50 states. Their offerings include banking, business lending, electronic payment processing, technology solutions (such as cloud computing, data backup, storage and retrieval, IT consulting), eCommerce, accounts receivable and inventory financing, insurance solutions, web services, and payroll and benefits solutions.

Responsibilities

• Conduct financial and credit analyses ensuring compliance with internal regulations
• Perform initial review of incoming loan packages to determine creditworthiness and compliance
• Analyze loan files and review loan documents for completeness
• Evaluate financial statements to identify operating trends and assess business viability
• Review tax returns and additional credit information to assess borrower/guarantor net worth and potential
• Prepare detailed analyses of historical property operations to inform future performance decisions
• Draft preliminary and final credit memorandums for presentation to the Credit Committee
• Research and investigate relevant industry and market data/trends
• Coordinate and incorporate third-party reports into credit analyses
• Project loan-level cash flows based on potential resolution outcomes
• Provide comprehensive credit memos containing accurate and complete credit analysis of loan applicants
• Analyze business operations, historical cash flow, balance sheets, financial condition, management structure, collateral, and projections, comparing these elements to RMA standards
• Prepare approval letters

Requirements

• Minimum of seven (7) years of experience underwriting Asset-Based Lending (ABL) and Factoring transactions
• Strong understanding of cash flow analysis
• Completion of formal bank Credit Training Program or RMA Credit Courses
• Proficiency with Microsoft Office products, including Word and Excel
• Strong organizational, verbal, and written communication skills
• Keen analytical and decision-making abilities
• Ability to establish and maintain effective working relationships internally and externally

Compensation and Benefits

• Salary range: $80,000 to $130,000 annually

Equal Opportunity

The employer is an Equal Opportunity Employer (M/F/D/V) and requires all employees to adhere to ethical standards and uphold a Code of Business Conduct and Ethics at all times.