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.
Spreading 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
Provide leadership and guidance to less experienced analysts; coach and mentor as appropriate
Lead special projects as needed
Perform other duties as assigned

Bachelor’s degree in Finance, Accounting, Business or related field
5+ years commercial credit underwriting experience
Prior credit approval authority preferred
Ability to independently structure and underwrite most loan requests
Established network of business clients, prospects, and referral sources
Detail oriented with the ability to analyze cash flow, leverage and gauge customer strength
Excellent written/verbal communication and presentation skills
Experience coaching and developing others, informally or formally
Experience in lending to a wide variety of industries, loan types, and sizes of companies
Superior technical skills

Credit Underwriting Officer – Inventory Finance

Key skills