AVP, Credit Officer

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Join to apply for the AVP, Credit Officer role at Mitsubishi HC Capital America, Inc.

Mitsubishi HC Capital America, Inc. provided pay range

This range is provided by Mitsubishi HC Capital America, Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$/yr - $/yr

Position Overview

Reviews, underwrites, and processes new transactions in Specialty Finance, with a specific focus on franchise finance. The position holder has at least 6 years of experience in at least one of these segments but is expected to build up expertise and support the origination efforts in additional segments over time. Assist in developing and training junior credit officers.

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 (List in order of time spent)

• Have a clear understanding of MHCA’s credit policies and operational procedures.
• Perform in-depth underwriting and financial evaluation of new business transactions within franchise finance.
• Actively maintain and expand expertise in that segment, including the sub-segments of the market relevant to MHCA. In addition, the position holder is expected, over time, to develop a knowledge base in and support the origination efforts in one or more additional segments within Specialty Finance, such as asset-based lending, project finance, private credit, large-ticket equipment leasing, or trade finance.
• Prepare and present, together with the Senior Credit Officer/VP, the initial prescreen memo to senior sales and credit staff, including financial analysis, and address credit concerns in collaboration with sales/origination staff.
• Prepare the comprehensive underwriting memorandum, including the industry analysis, structural analysis and financial analysis including past financial performance and financial projections with sensitivity analysis, as well as documentation of compliance with underwriting guidelines and preparation of the obligor rating.
• Decide on transactions in line with the position holder’s delegated credit authority (if business segment has delegated local authority).
• If transactions exceed delegated credit authority, make recommendation to the VP Senior Credit Officer, SVP - Chief Credit Officer – Specialty Finance, EVP – Chief Credit Officer, and other senior management regarding transactions for approval under local delegation, or for their recommendation for approval by International Credit Division of MHC/Tokyo. Presentation to local Credit Committee as required.
• Coordinate with third party resources as part of the due diligence and documentation processes including field auditors, appraisers, and external legal counsel.
• Coordinate with sales and credit to onboard new clients (including establishing initial funding and operating procedures) and determine appropriate reporting requirements.
• Manage the transaction documentation and closing process, including finalization of deal terms and coordination with internal/external legal counsel, sales, and operations teams; ensure that actual terms and conditions reflect credit approval.
• Liaise with the Portfolio Management Team in monitoring client financial conditions and identifying any adverse trends to senior credit management.
• Assist portfolio managers in reviewing credit amendment requests or processing Annual Reviews for existing clients.
• Manage Salesforce records and information files for pipeline transactions.

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 need to be within company prepared guidelines.
• Act independently; decision-making within MHCA…