Credit Analyst III - Equipment Finance

Overview

This Credit Analyst III - Equipment Finance role performs financial statement spreading, underwriting, and credit analysis to support commercial lending and commercial loan portfolio management. The position focuses on preparing credit memos for new money requests to new and existing borrowers, and supports the Portfolio Management team through annual reviews, renewals, change memos, and modifications. Assignments typically involve credits with higher aggregate exposure and/or complex structures.

Responsibilities (Essential Functions)

• Prepare timely, high-quality credit analysis and recommendations that thoroughly evaluate the strengths and weaknesses of credit actions.
• Participate in the Opportunity Memo process by assessing credit strengths and weaknesses, finalizing Opportunity Memos for presentation, and actively participating on OM calls.
• Analyze financial statements and related data, industry risk, loan structure, and market conditions to assess borrower creditworthiness and repayment ability.
• Use financial spreading software and other financial analysis tools to evaluate borrower cash flow and determine adequacy of primary and secondary repayment sources.
• Perform underwriting, identify credit risks, analyze repayment capacity, and prepare collateral coverage for inclusion in credit memos or modifications supporting new money requests, renewals, annual reviews, and modifications.
• Follow guidance from the credit approval team to recommend appropriate credit structuring, documentation, and risk controls.
• Determine the appropriate level of underwriting and due diligence based on credit risk.
• Complete underwriting tasks within expected service level and turnaround times.
• Participate in business calls with commercial lending and credit administration teams.
• Maintain knowledge of macroeconomic issues in local markets and regional industries.
• Maintain data integrity with the underwriting platform to ensure accurate credit relationship records.
• Handle compliance and audit-related matters within area of responsibility.
• Stay current on banking rules and regulations relating to Credit Administration, Commercial Lending, and Appraisals.
• Identify policy exceptions for credit requests consistent with the Bank’s Commercial Credit Policy.
• Monitor, develop, and suggest revisions to workflows and procedures to enhance efficiency and minimize expenses.
• Identify potential for credit losses and mitigate risk appropriately.
• Use risk rating models to determine risk ratings for credit requests.
• Prioritize assignments with guidance from Commercial Credit Managers.
• Evaluate guarantor financial condition using personal financial statement and personal tax return analysis.
• Perform loan covenant testing calculations and update covenant compliance records.
• Complete education as identified or assigned to build expertise in loan underwriting, loan structuring, and professional development.
• Develop business writing and professional communication skills.

Preferred Education and Experience

• Bachelor’s degree in business administration, accounting, management, finance, or related discipline
• 6–8 years of relevant commercial lending or credit administration experience, specifically related to Equipment Finance

Additional Knowledge, Skills, and Abilities

• Demonstrated ability to analyze complex credits accurately and efficiently
• Knowledge of lending to a wide variety of industries
• Ability to analyze detailed financial data; strong computer skills, including word processing and spreadsheets
• Ability to work with minimal direct supervision, using independent judgment and decision-making
• Preferred knowledge in high-net worth and corporate aircraft transactions
• Understanding of secured loan documentation; negotiation skills
• Strong interpersonal skills to communicate effectively with prospects, Senior Account Executives, agent banks, credit administration, and other bank personnel

Compensation & Benefits

• Not provided in the job description

Location

• Remote - USA, OH0713 NW Bancshares HQ