**Candidate must reside in PA or OH to be Telecommuting eligible.
As a Senior Credit Officer with the Equipment Finance Group, you provide Credit Support Services for equipment finance business lines and assists in the on-going management of credit risk. You perform credit analysis on small to middle ticket credit applications, analyze financial statements and credit reports. Prepares formal credit memos and presents recommendations to the Credit Manager or Loan Committee for middle ticket transactions.
Essential Job Responsibilities
1. Performs credit analysis on small to middle ticket credit applications to $5,000,000.
2. Performs financial statement analysis, cash flow analysis and projection analysis.
3. Analyzes consumer credit reports and commercial credit reports as part of the credit decision process.
4. Communicates timely credit decisions in an accurate, clear and concise manner
5. Gathers data relevant to the credit request regarding the business, the guarantor, total exposure and the collateral. Provides direct communication to internal and external customers on credit and documentation matters.
6. Identifies credit applicants with minor weaknesses and apply appropriate structuring techniques e.g. rate enhancements, down payments, additional collateral, and term reduction. Presents applicant's strengths and weakness to internal and external customers.
7. Prepares formal credit memos and presents recommendations to the Credit Manager or Loan Committee for middle ticket transactions.
8. Requests the appropriate documentation as it relates to the size of the transaction and structure of the legal entity.
9. Provides due diligence on portfolio acquisitions.
10. Reviews and approves Source (Dealer/Broker/OEM) programs.
11. Performs annual reviews for Obligors and Sources.
12. Communicates EF credit underwriting strategies and business practices.
13. Interacts with Team Members, Customers, Sources, Legal Advisors, Corporate Executives and Sale Representatives regarding specific opportunities and programs.
14. Full knowledge and understanding of policies set forth by EF and the ability to abide by them.
Bona Fide Occupational Qualifications
1. Bachelor's degree in business or educational training specific to credit underwriting is preferred.
2. A minimum of seven (7) years of experience with financial statement analysis expertise to evaluate finance transactions to $5,000,000.
3. Strong reading, writing, and grammar skills; superior analytical and mathematical skills; proficient communicative and interpersonal relations skills required.
4. Microsoft Windows and Microsoft Office knowledge required.
5. May be eligible for Telecommuting.
