Credit Analyst III - Equipment Finance

Overview

This role is responsible for performing financial statement spreading, underwriting, and credit analysis to support commercial lending and commercial loan portfolio management activities. The Credit Analyst III - Equipment Finance prepares 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 credit profiles.

Responsibilities

• Prepare timely, high-quality credit analysis and recommendations that accurately and thoroughly evaluate the strengths and weaknesses associated with credit actions.
• Participate in the Opportunity Memo process by assessing strengths and weaknesses of credits and finalizing Opportunity Memos for presentation; actively participate on OM calls.
• Analyze financial statements and related data, including 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.
• Conduct underwriting, identify credit risks, analyze repayment capacity, and prepare collateral coverage; present findings in a narrative format within credit memos or modifications to support requests for new money, 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 working 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 all compliance and audit-related matters within area 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 organization’s Commercial Credit Policy.
• Monitor, develop, and suggest revisions to workflows and procedures to enhance efficiency and minimize expenses.
• Identify potential 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 build expertise in loan underwriting, loan structuring, and professional development.
• Develop business writing and professional communication skills.

Requirements

• 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.

Preferred Qualifications

• Demonstrated ability to analyze complex credits accurately and efficiently.
• Knowledge of lending across 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

Compensation and benefits details are not provided.

Location

Remote - USA, OH0713 NW Bancshares HQ