AVP, Credit Officer

This role is 5x onsite in our Norwalk, CT location.

Position Overview:

Reviews, underwrites, and processes new transactions in Specialty Finance. The position holder has at least 5 years of experience in corporate credit analysis.

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:

• Have a clear understanding of MHCA’s credit policies and operational procedures.
• Perform in-depth corporate credit analysis to support the origination efforts in one or more segments within Specialty Finance, such as large-ticket equipment leasing and trade finance (receivables and payables financing).

• Assist portfolio managers in reviewing credit amendment requests or processing Annual Reviews for existing clients.

KPI’s (Key Performance Indicators):

• Deals evaluated;
• Deals completed (Fundings, Assets, and Fee Income);
• Credit analysis quality;
• Portfolio performance.

Management/Supervisory Responsibilities:

• Not applicable

Responsibility and Decision-Making Authority:

• Credit assessment, structure, and transaction communication needs to be within company prepared guidelines.
• Act independently; decision-making within MHCA policy.
• Delegated credit authority within MHCA’s local credit delegation (if applicable for the business segment) based on years of experience in the segment.

Qualifications:

Knowledge, Skills, and Abilities:

• Extensive knowledge of credit evaluation, financial, collateral, and cash flow analysis (including, cash flow projections/modeling).
• Extensive knowledge of structuring, underwriting, and documentation practices.
• Advanced technical skills (Excel, PowerPoint, Word, etc.)
• Excellent verbal and written communication skills. Experienced in working with and presenting to senior level executives.
• Understanding of multiple industry dynamics and how economic conditions impact credit quality and structure.
• Strong interpersonal, organizational and communication skills.
• Team player with a positive attitude.
• Critical thinker that can look “out of the box” for solutions.
• Time Management: ability to organize and manage multiple priorities and complete on a timely and accurate basis.

Competencies:

• Analytical ability
• Ability to synthesize
• Problem-solving
• Communications
  • Ability to transmit information
  • Ability to listen
• Interpersonal Relationships
  • Ability to work in a Team
• Technical and Professional
  • Detail-oriented
  • Ability to work independently
• Personal Qualities
  • Action-oriented
  • Resilient
  • Adaptability
  • Self-starter
• Entrepreneurship
  • Business Acumen
  • Client-oriented

Education and Experience:

• Bachelor's degree from a four-year college or university
• CFA candidate Level II/III or charter holder preferred
• Formal credit training, including financial modeling training (corporate finance or project finance)
• 5+ years of experience in corporate credit analysis (e.g., corporate banking, acquisition finance, cash flow lending).

Licensing and Certification:

• Not applicable

Tools and Equipment Used:

Working Hours:

Travel:

Physical Demands:

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.

The position is exempt and the salary will be between $123,100.00 and $150,200.00 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

- Paid Time Off

- Company Paid Life Insurance

- Employee Assistance Program

- Training and Development Opportunities

- Employee Discounts