Credit Analyst III - Equipment Finance

LO0341 Remote - USA, OH0713 NW Bancshares HQ Job Description The Credit Analyst III - Equipment Finance is responsible for performing financial statement spreading, underwriting and credit analysis to support commercial lending and commercial loan portfolio management activities. The Credit Analyst III will be focused on completing credit memos representing new money requests to new and existing Borrowers. The Credit Analyst III - Equipment Finance will also support the Portfolio Management team by completing annual reviews, renewals, change memos and modifications. The Credit Analyst III - Equipment Finance will be assigned credits representing higher aggregate exposure and/or complex credits. Essential Functions Prepare timely, high quality credit analysis and recommendations that accurately and thoroughly evaluate the strengths and weaknesses associated with credit actions. Engage in the Opportunity Memo process, assessing the strengths and weaknesses of credits and finalizing Opportunity Memos for presentation. Actively participate on OM calls. Effectively analyze financial statements and related data, industry risk, loan structure and market conditions to assess the overall creditworthiness and repayment ability of borrowers. Utilize financial spreading software as well as other financial analysis tools to evaluate borrower’s cash flow and determine adequacy of the borrower’s primary and secondary repayment sources. Conduct underwriting, identify credit risks, analyze repayment capacity and prepare collateral coverage and present in a narrative format within credit memos or modifications to support requests for new money, renewals, annual reviews and modifications. Work within the guidance of the credit approval team to recommend appropriate credit structuring, documentation, and risk controls on credit requests. Assist in determining the appropriate level of underwriting and due diligence for the credit’s risk for credit. Complete underwriting tasks within expected service level and turnaround times. Participate in business calls with commercial lending and credit administration teams. Maintain a working knowledge of macroeconomic issues in local markets and regional industries. Maintain data integrity with the underwriting platform to ensure accurate record of credit relationships. Responsible for all compliance and audit-related matters in area of responsibility Remain current on all banking rules and regulations relating to Credit Administration,...

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