Credit & Syndications Analyst

Northland Capital is seeking an experienced Credit and Syndications Analyst to support the underwriting, structuring, approval, and ongoing risk management of commercial equipment finance and specialty lending transactions. This role partners closely with Originations, Credit Leadership, Documentation, Legal, and Funding Partners to evaluate opportunities, recommend credit decisions, and structure transactions that align with Northland's risk appetite and growth objectives.

The position is focused on front-end underwriting, credit decision support, syndication and funding partner credit submissions, and portfolio risk management. Post-closing syndication administration, package sales execution, documentation servicing, UCC administration, title administration, and related operational functions are handled separately from this role.

Final date to receive applications: October 31st, 2026

• Analyze commercial lending and equipment finance opportunities, including financial statements, cash flow, collateral, industry, and guarantor support.
• Prepare credit memoranda and approval recommendations for management and Credit Committee review.
• Perform scorecard-based underwriting and maintain supporting analyses.
• Develop transaction structures, approval conditions, collateral requirements, and covenant recommendations.
• Recommend risk ratings and identify key risks and mitigants.
• Partner with Originations to structure transactions that balance growth objectives with sound credit discipline.

• Prepare underwriting packages, transaction summaries, and credit submissions for banks, funding partners, and syndication participants.
• Coordinate responses to credit-related due diligence requests.
• Maintain familiarity with partner underwriting guidelines, scorecards, and program requirements.
• Support external approval processes and funding partner relationships.
• Conduct annual reviews and ongoing portfolio monitoring.
• Evaluate borrower performance, covenant compliance, and portfolio trends.
• Assist with watch list administration and problem credit management.
• Monitor concentration risks, industry developments, and emerging portfolio concerns.

• Support the continued development of underwriting standards, scorecards, and credit policies.
• Assist with portfolio analytics, reporting, and special projects.
• Help drive consistency, efficiency, and quality throughout the credit process.

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
• 5-7+ years of commercial credit underwriting experience.
• Strong financial statement analysis and cash flow underwriting skills.
• Experience evaluating and structuring middle-market commercial transactions.
• Ability to independently analyze complex credit opportunities and make sound recommendations.
• Strong written, verbal, and interpersonal communication skills.
• Advanced Microsoft Excel skills.

• Equipment finance, specialty finance, commercial banking, or asset-based lending experience.
• Experience with scorecard underwriting methodologies.
• Familiarity with syndications, loan participations, or funding partner programs.
• Experience presenting transactions to senior credit leaders or credit committees.
• Knowledge of secured lending and collateral-based financing structures.

Location: St. Cloud, MN

Status: Full-time

Compensation: $100,000 - $125,000 annually (based on experience and qualifications)

Incentives: Eligible for company profit-sharing tied to company and individual performance

Benefits: Medical, dental, vision and life insurance; PTO; 401(k) employer match; defined benefit plan; tuition reimbursement

Applicants must be authorized to work in the U.S. We are unable to sponsor visas at this time.