A finance company specialized in equipment finance is seeking a Credit Analyst who will analyze borrowers (from small contractors to regional firms), evaluate collateral, and structure smart, practical financing solutions, working closely with sales, operations, and portfolio teams.
Responsibilities:
- Deal Input: Enter deals into credit decisioning system. Pull credit reports and create a credit file for each customer.
- Financial Analysis: Review tax returns, financial statements, and bank data; assess liquidity, leverage, cash flow, and trends beyond surface ratios.
- Deal Underwriting: Underwrite app-only transactions (typically up to ~$250K) and contribute to full-financial mid-ticket deals; validate assumptions, identify risks, and propose mitigants.
- Collateral & Market: Evaluate construction equipment collateral including age, hours, condition, and resale dynamics; reference valuation sources and recent comps.
- Credit Memos: Draft clear, concise credit write-ups with recommendations and conditions; present to senior underwriters for approval.
- Structuring Support: Recommend terms (advance, rate, term, residuals, guarantees, covenants) that balance risk and competitiveness.
- Cross-Functional Execution: Partner with Sales on pre-qualifications; coordinate with Docs & Funding on stipulations; support Portfolio/Collections with early warning indicators.
- Policy & Compliance: Apply credit policy, UCC/lien requirements, and documentation standards consistently; maintain clean, audit-ready files.
- Continuous Improvement: Help refine scorecards, templates, systems, and workflows to improve speed and accuracy.
Qualifications:
- Bachelor’s in Finance, Accounting, Economics, or closely related field or equivalent analytical experience.
- 1–3+ years in commercial credit/underwriting, lending operations, banking, or FP&A (equipment finance exposure a plus).
- Experience with equipment finance or asset-based lending; exposure to construction contractors’ financials.
- Proficiency with financial statement analysis (IS/BS/CF), bank statement reviews, and basic forecasting.
- Strong attention to detail; clear written communication with defensible recommendations.
- Solid PC skills: Excel (lookups, pivots, basic modeling), Word/PowerPoint; comfort learning LOS/CRM (e.g., Salesforce)
Nice to have:
- Familiarity with UCC filings, titling, guarantees, and lien/perfection concepts, a plus.
- Knowledge of equipment valuation resources and secondary market drivers (hours/usage, maintenance records) a plus.
- Exposure to pro forma analysis and multi-entity/holdco structures.a plus.
- Familiarity with Solifi/T-Value/Infolease/Microsoft Dynamics (CRM)
