Credit Analyst III - Equipment Finance

Overview

This role (Credit Analyst III – Equipment Finance) performs financial statement spreading, underwriting, and credit analysis to support commercial lending and commercial loan portfolio management. Responsibilities include preparing credit memos for new money requests to new and existing borrowers, as well as supporting the Portfolio Management team with annual reviews, renewals, change memos, and modifications. Assignments may involve higher aggregate exposure and/or complex credits.

Responsibilities (Essential Functions)

• Prepare timely, high-quality credit analysis and recommendations that evaluate the strengths and weaknesses of credit actions.
• Participate in the Opportunity Memo process, including assessing credit strengths and weaknesses and finalizing Opportunity Memos for presentation; actively participate on OM calls.
• Analyze financial statements and related data, industry risk, loan structure, and market conditions to assess overall creditworthiness and repayment ability.
• Use financial spreading software and other financial analysis tools to evaluate borrower cash flow and assess the adequacy of primary and secondary repayment sources.
• Conduct underwriting by identifying credit risks, analyzing repayment capacity, and preparing collateral coverage; present findings in narrative form within credit memos or modification materials for new money requests, renewals, annual reviews, and modifications.
• Work with the credit approval team to recommend appropriate credit structuring, documentation, and risk controls.
• Assist in determining 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 working knowledge of macroeconomic issues in local markets and regional industries.
• Maintain data integrity within the underwriting platform to ensure accurate credit relationship records.
• Handle compliance and audit-related matters within areas of responsibility.
• Remain 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 suggest 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 assign accurate risk ratings for credit requests.
• Prioritize assignments with guidance from Commercial Credit Managers.
• Evaluate guarantor financial condition using personal financial statements and personal tax returns.
• 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.
• Strengthen business writing and professional communication skills.

Required Qualifications

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

Preferred Qualifications

• Demonstrated ability to analyze complex credits accurately and efficiently.
• Knowledge of lending to a wide variety of industries.
• Preferred knowledge in high-net worth and corporate aircraft transactions.
• Understanding of secured loan documentation and negotiation skills.
• Strong interpersonal skills to communicate effectively with prospects, Senior Account Executives, agent banks, credit administration, and other bank personnel.

Compensation & Benefits

No compensation details provided in the source description.

Location

Remote – USA (Ohio).