Credit Analyst III - Equipment Finance

Overview

This role supports commercial lending and commercial loan portfolio management through equipment finance credit analysis. Responsibilities include financial statement spreading, underwriting, and credit analysis to develop credit memos for new money requests for new and existing borrowers. The position also supports the Portfolio Management team by completing annual reviews, renewals, change memos, and modifications. Assignments typically involve credits with higher aggregate exposure and/or complex structures.

Responsibilities

• Prepare timely, high-quality credit analysis and recommendations that evaluate strengths and weaknesses of credit actions.
• Participate in the Opportunity Memo process: assess credit strengths/weaknesses, finalize Opportunity Memos for presentation, and 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 analysis tools to evaluate borrower cash flow and determine adequacy of primary and secondary repayment sources.
• Perform underwriting activities, identify credit risks, analyze repayment capacity, and prepare collateral coverage; present findings in a narrative format within credit memos or modifications.
• Work within the guidance of the credit approval team to recommend credit structuring, documentation, and risk controls.
• Assist in determining the appropriate level of underwriting and due diligence based on the credit’s risk.
• Complete underwriting tasks within expected service levels and turnaround times.
• Participate in business calls with commercial lending and credit administration teams.
• Maintain current knowledge of macroeconomic issues in local markets and regional industries.
• Maintain data integrity with the underwriting platform to ensure accurate record 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 improve efficiency and minimize expenses.
• Identify potential for credit losses and mitigate risk appropriately.
• Utilize risk rating models to determine risk ratings for credit requests.
• Prioritize assignments with guidance from Commercial Credit Managers.
• Evaluate guarantor financial condition by analyzing personal financial statements and personal tax returns.
• Perform loan covenant testing calculations and update covenant compliance records.
• Complete required education 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 relevant commercial lending or credit administration experience, specifically related to Equipment Finance.
• 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 Qualifications

• 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 team members.

Compensation & Benefits

Compensation and benefits details were not provided.

Location

Remote - USA (OH0713 NW Bancshares HQ)