Credit Analyst - Commercial Underwriting

Job Description:

This role analyzes the long-term financial viability of potential clients employing sophisticated financial analysis techniques and provides on-going portfolio analysis to monitor current client base. The position also requires the candidate to advance the sales department’s understanding of each prospective client and existing clients' risk profile to increase efficiencies in sales development. Assisting the AR group based on client collections issues and opportunities is also expected.

KEY RESPONSIBILITIES - ESSENTIAL FUNCTIONS Analyze prospective clients using fundamental financial analysis techniques, including Balance Sheet, Income Statement and Cash Flow measurements as well as industry factors and portfolio concentration issues

Prepare comprehensive credit packages including detailed free cash flow analysis, capital structure assessment, and projected asset risk coverage to executive leadership

Review and make appropriate decisions on business credit applications which meet acceptable underwriting standards and are compliant with company guidelines

Gather necessary documentation, conduct thorough due diligence to determine the suitability of loan requests, and prepare a detailed credit report summarizing the financial analysis, collateral position, and overall risk assessment including a recommendation for approval or denial

Apply quantitative concepts and processes in a judgmental environment to accurately assess risk and balance with expected profitability to the Company Communicate credit decisions to relevant partners and effectively negotiate to “win  desired applications

Perform ad-hoc data analysis and reporting

Establish scalable and efficient and automated processes for credit analysis and monitoring

Coordinate with cross-functional teams to develop financial reporting dashboards

Research, recommend approval/decline and monitor existing clients for additional exposure

Perform monthly, quarterly, annual credit reviews on existing clients based on the department’s credit review procedures

Develop and foster relationships with the sales force

Maintain credit files and requests, track and analyze required financial information

Other duties assigned to ensure overall departmental efficiency LEADERSHIP RESPONSIBILITIES This position has no leadership responsibilities COMPETENCIES - SKILLS Excellent analytical and problem-solving skills

Strong oral - written communication skills, including the ability to interact with internal and external clients at multiple levels

Strong negotiation skills

Ability to meet deadlines, function under pressure and manage multiple tasks

Develop sufficient internal and external relationships that ensure volume objectives and credit quality

Strong organizational / time-management skills EDUCATION and EXPERIENCE Bachelor's degree in business or finance field, in conjunction with formal commercial credit training

Minimum 3 years of commercial credit analysis experience, preferably at a financial institution

Thorough knowledge of credit analysis and loan/lease documentation, and other facets of commercial credit, including knowledge of credit laws and regulations

Demonstrated ability to communicate effectively with relationship managers and other internal stakeholders to discuss credit assessments, provide insights, and collaborate on loan decisions

Strong computer skills including proficiency in Microsoft Office + Salesforce CORE VALUESAt Wheels, we believe in fostering a culture that is built on our Core Values and Guiding Principles. We cultivate a culture of excellence and innovation by upholding these values, driving our collective success and growth.

Integrity – Always act with integrity and honesty.

One Team – Treat others with dignity and respect; act as…