Credit Analyst III - Equipment Finance

Overview

This Credit Analyst III role in Equipment Finance supports commercial lending and commercial loan portfolio management through financial statement spreading, underwriting, and credit analysis. Responsibilities include preparing credit memos for new money requests for new and existing borrowers, as well as supporting the Portfolio Management team with annual reviews, renewals, change memos, and modifications.

The position is assigned to credits with higher aggregate exposure and/or complex structures.

Responsibilities

• Prepare timely, high-quality credit analysis and recommendations that evaluate the strengths and weaknesses of credit actions.
• Participate in the Opportunity Memo process by assessing credit strengths and weaknesses and finalizing Opportunity Memos for presentation; actively participate in 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 the adequacy of primary and secondary repayment sources.
• Conduct underwriting by identifying credit risks, analyzing repayment capacity, determining collateral coverage, and presenting findings in narrative form within credit memos or modifications supporting:
  • new money requests
  • renewals
  • annual reviews
  • modifications
• Provide recommendations on credit structuring, documentation, and risk controls in alignment with the credit approval team’s guidance.
• Help determine the appropriate level of underwriting and due diligence based on the credit’s 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 in the underwriting platform to ensure accurate credit relationship records.
• Manage compliance and audit-related matters within the scope of area responsibility.
• Stay current on banking rules and regulations related to Credit Administration, Commercial Lending, and Appraisals.
• Identify policy exceptions for credit requests consistent with the organization’s Commercial Credit Policy.
• Monitor, develop, and recommend revisions to workflows and procedures to improve efficiency and minimize expenses.
• Identify potential for credit losses and mitigate risk appropriately.
• Use risk rating models to accurately determine risk ratings for credit requests.
• Prioritize assignments with guidance from Commercial Credit Managers.
• Evaluate the financial condition of guarantors by analyzing personal financial statements and personal tax returns.
• Perform loan covenant testing calculations and update covenant compliance records.
• Complete education as identified or assigned to strengthen underwriting expertise, loan structuring knowledge, and professional development.
• Develop business writing and professional communication skills.

Preferred Education & Experience

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

Preferred Knowledge, Skills, & 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 and exercise 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 specified in the provided job description.

Location

• Remote - USA, OH0713 NW Bancshares HQ