Sr. Credit Analyst

American Credit Acceptance   •  

Spartanburg, SC

Industry: Business Services


5 - 7 years

Posted 270 days ago

This job is no longer available.


The Senior Credit Analyst will be responsible for underwriting middle-market asset-based lending transactions, leading deal teams, supporting Relationship Managers and mentoring junior associates. The Senior Credit Analyst will be required to think critically and analytically to develop and communicate insights used to extend credit, enhance the dealer experience, and minimize credit losses.


Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


  • New business - lead deal team to evaluate new transactions, pre-screen transactions, conduct due diligence, prepare credit approval memos on transactions that meet defined credit criteria in the pre-screen process, pitch transactions to credit committee in order to obtain credit approval, negotiate and review legal documentation as needed, and participate in deal closing.
  • Ongoing business – lead deal team to underwrite credit renewals, extensions and modifications. Assist with management of assigned portfolio accounts - monitor performance and covenant compliance, prepare collateral trend analyses and periodic/annual reviews, process amendments and waiver requests in a timely manner to meet client expectations, provide performance updates to managers, identify and act on warning signals, participate in portfolio reviews as needed.
  • Analyze collateral data, financial statements and capital structures, conduct business/industry/competitor analysis to identify transaction risks and mitigates; recommend transaction structures appropriate to the opportunity; provide a yes/no recommendation on the transaction based on due diligence.
  • Mentor and train junior resources for the business.
  • Maintain familiarity with Spartan policies, procedures, and underwriting standards.
  • Interface with other parts of the Spartan and ACA’s business, such as PortfolioReporting and Analysis, Funding, Bulk Acquisitions, Compliance, Legal as well as other departments such as Finance, Risk and Internal Audit.
  • Develop deep auto finance and dealership industry knowledge.
  • Interface with clients (including brokers and intermediaries), as needed, to complete diligence process, as well as to assist the relationship management efforts.


  • Minimum of 5-10 years of credit experience, preferably in the commercial lending industry; credit trained with the direct experience of leading the underwriting and execution of senior debt transactions.
  • Minimum of a Bachelor’s degree  in Business Administration, Accounting, Finance or Economics
  • Must have the ability to work with large databases and datasets for extraction and conversion into useful business and credit information.
  • Must have a solid understanding of financial statements and capital structures, strong analytical skills with an ability to question assumptions, experience structuring transactions, leading deal teams and negotiating documentation.
  • Strong communication and interpersonal skills; team player.
  • Self-motivated with high energy levels; ability to prioritize and multi-task effectively.
  • Carry out the Johnson Family of Companies’ Guiding Principles: Integrity, Partnership, Humility, Principled Entrepreneurship, Initiative and Fulfillment.