Credit Underwriter Sr - Inventory Finance

This position is available to be filled at any Huntington Bank Corporate office location.

The Credit Underwriter Sr. – Inventory Finance is responsible for analyzing and monitoring credit worthiness of assigned customers/accounts and recommending and/or approving credit within established guidelines. Includes analyzing financial statements and completing ratio and trend analysis of statements to determine if a customer is eligible for financing.

• Underwrite high quality credit narratives in support of new and existing loans. Review and analyze various transactions. Includes review and analysis of applications, financial statements, balance sheets, D&B reports, etc.
• Spread business financial statements and tax returns using Moody's software to analyze multi-year trends and ratios from financial information.
• Understand cash flow from operations, which includes identifying recurring and non-recurring sources of cash flow.
• Research industry trends and risks.
• Perform collateral analysis including accounts receivable, inventory, real estate and investments.
• Run credit reports and gather/analyze KYC information.
• Spread personal financial statements and tax returns for individual guarantors, develop borrower and guarantor global cash flow analysis.
• Work with other areas to monitor delinquency, delinquency trends and repossession activity.
• Conduct annual financial statement follow-up to borrowers and track and monitor the receipt by the Bank of this information.
• Prepare written recommendation as to whether the proposed loan should be approved as presented, and provide alternate loan structure recommendations.
• Present to loan committee for loan approvals. Communicate decisions.
• Perform other duties as assigned.

• Bachelor’s degree in Finance, Accounting, Business or related field
• 3+ years wholesale/commercial credit underwriting experience

• Master’s Degree
• Detail oriented with the ability to analyze cash flow, leverage and gauge customer strength. Experience with deal sizes ranging from 2MM to 10MM is preferred.
• Experience in lending to a wide variety of industries, loan types, and sizes of companies is preferred.
• Strong written/verbal communication and presentation skills.
• Demonstrated ability to make sound business judgments while protecting the interests of the bank.
• Strong technical skills.

Office. Certain positions outside our branch network may be eligible for a flexible work arrangement.

$57,000 - $124,000 Annual Salary. The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.

Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.