Sr. Credit Analyst

Position is located in Flower Mound, TX, Itasca, IL or Norwalk, CT.

Position Overview:

The Senior Credit Analyst - Inventory Finance, is a commercial credit (dealer floorplan) underwriting role that contributes to underwriting of all transaction sizes, has a critically important function to review and process transactions within their earned credit authority and present transactions for total exposures exceeding earned credit authority to senior management across all verticals. Candidate should have broad commercial lending experience in a variety of asset classes with demonstrated success in working in a fast paced, high growth environment

Commitment to Internal Control:

The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.

Essential Duties and Responsibilities:

• Underwrite, prepare detailed, thorough credit memos presenting the credit request with appropriate risks and mitigants and decision transactions within earned credit authority Present transactions that exceed earned credit authority to senior management.
• Review and spread financials/tax returns to provide formative analysis regarding performance and trends. Familiarity with Moody’s Financial/Risk Analysis or a comparable financial spreading tool is important to assist with underwriting analysis.
• Provide articulate, thoughtful, and effective communication when discussing transactions with Sales, Dealers, as well as with internal clients such as the Operations department.
• Obtain & analyze public and private information such as Dun & Bradstreet reports, Paynet reports, Secretary of State corporate name verifications, Credit Bureau reports etc.
• Knowledge of UCC perfection process, reviewing UCC searches to determine priority, understanding and ability to negotiate intercreditor agreements and other legal documentation.
• Research industries, markets, and equipment as necessary.
• Ability to work independently to complete assigned new business requests, increases and/or annual reviews.
• Performs other related duties as assigned by management.

KPI’s (Key Performance Indicators):

• Underwrite and decision transactions.
• Obtain and analyze public and private information.

• Provide best in class service to internal and external customers

Responsibility and Decision-Making Authority:

Act independently; Decision-making within Company policy.

Management/Supervisory Responsibilities:

N/A

Qualifications:

• Minimum 4 years of commercial underwriting experience (not consumer or mortgage) with a bank or other financial institution.
• Experience in underwriting commercial dealer floorplan requests across number of industries within transportation, equipment finance, construction, other assets classes

Competencies:

• Adapts to changes in the work environment.
• Collects and researches data.
• Excellent written and verbal communication skills.

Education and Experience:

• 4 - year bachelor’s degree required with a major in finance or management preferred.

Licensing and Certification:

N/A

Tools and Equipment Used:

• Personal computer, copier, phone, and other typical office equipment

Working Hours:

• Hours may vary and may require some evening work; frequently requires working 40-45 hours/week depending on business needs.
• This is a hybrid position.

Travel:

• Occasional travel related to attendance at industry seminars or to visit with dealers or equipment manufacturers.

Physical Demands:

• Digital dexterity and hand/eye coordination in operation of office equipment
• Light lifting and carrying of supplies, files, etc.
• Ability to speak to and hear customers and/or other employees via phone or in person.
• Body motor skills sufficient to enable incumbent to move from one office location to another.

This role is considered exempt, and the salary will range between $76,600 - $89,757 with an opportunity to earn a discretionary annual bonus.

The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience, and education.

Additional Benefits:

• Medical, Dental and Vision Plans
• 401(k) and matching
• Generous Paid Time Off
• Company paid Life Insurance
• Employee assistance program
• Training and Development Opportunities
• Employee discounts

The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.