Credit Analyst III - Equipment Finance

Overview

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

Responsibilities

• Prepare timely, high-quality credit analysis and recommendations that evaluate the strengths and weaknesses associated with credit actions.
• Participate in the Opportunity Memo process by 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 borrowers’ 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, identify credit risks, analyze repayment capacity, and prepare collateral coverage; present findings in a narrative format within credit memos or modifications for new money requests, renewals, annual reviews, and modifications.
• Work with the credit approval team to recommend appropriate credit structuring, documentation, and risk controls.
• 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 with the underwriting platform to ensure accurate recordkeeping of credit relationships.
• Handle compliance and audit-related matters within assigned areas of 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 Commercial Credit Policy.
• Monitor, develop, and suggest workflow/procedure revisions to enhance efficiency and minimize expenses.
• Identify potential for credit losses and mitigate risk appropriately.
• Utilize risk rating models to assign accurate 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 assigned education 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 a related discipline
• 6–8 years of relevant commercial lending or credit administration experience, specifically related to Equipment Finance

Preferred Qualifications / Skills

• 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 use 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

Location

Remote (USA) — OH0713 NW Bancshares HQ

Compensation & Benefits

Not specified in the provided job description.