Assisting the businesses in establishing business-specific risk management practices for the approval, measurement, reporting, monitoring, control and analysis risk involved in extending credit in a secured lending environment. Experience with such lending activity for the construction equipment and transportation industries is a strong consideration.
Essential Duties and Responsibilities
- A Senior Credit Analyst (‘SCA’) has proven to have exceeded the qualifications of a Junior Credit Analyst warranting increased credit authority and portfolio responsibilities.
- Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
- Generate financial ratios, using computer programs (as may be available), to evaluate customers' financial status.
- Consult with customers, as needed, to resolve complaints and verify financial and credit transactions.
- Performing proactive risk management of transactional and portfolio activities. Prepare reports that include the degree of risk involved in extending credit.
- Identify key risks and mitigating factors of potential investments, such as asset types and values, legal and ownership structures, professional reputations, customer bases, or industry segments.
- Devise systems and processes to monitor validity of risk modeling outputs.
- Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations.
- Review individual or commercial customer files to identify and select delinquent accounts for collection.
- Confer with credit association and other business representatives to exchange credit information.
- Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.
- Analyze financial data such as income growth, quality of management, and market share to determine expected profitability of loans.
- Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
- Prepare financial or regulatory reports required by laws, regulations, or boards of directors.
- Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
- Appointing, training, mentoring and designating the authority of, Junior Credit Analysts.
- Performs other related duties as required.
Educational and Other Requirements
- Bachelor’s Degree required; MBA or other length of prior experience preferred.
- Business ownership, education and experience related to industry.
- A minimum of five years of work-related skill, knowledge, or experience is preferred.
- Knowledge of business and management principles involved in strategic planning, resource allocation, leadership technique, production methods, and coordination of people and resources.
- Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
- Critical Thinking — using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Complex Problem Solving — identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Safeguarding confidential and protected information covered by privacy law and company policy.
- Must work independently and as a member of team
Equify Financial, LLC is an independent, middle market, self-funded equipment finance company with a unique perspective and culture. It is...