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 …
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Full-time
bachelor degree
Posted 11d ago
~40 hrs/week
Remote in United States
Responsibilities
The Credit Analyst III is responsible for performing financial statement spreading, underwriting, and credit analysis to support commercial lending and portfolio management. They will prepare high-quality credit memos, evaluate borrower creditworthiness, and ensure compliance with banking regulations and credit policies.
Requirements
Candidates should possess a bachelor's degree in a business-related field and 6-8 years of relevant commercial lending or credit administration experience. Strong analytical skills, proficiency in financial software, and the ability to work with minimal supervision are required.
Full job description
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, Commercial Lending and Appraisals
Identify policy exceptions for credit requests consistent with the Bank’s Commercial Credit Policy.
Monitor, develop, and suggest revisions to workflows and procedures as necessary to enhance efficiency and minimize expenses.
Identify potential for credit losses and mitigate risk appropriately.
Utilize risk rating models to accurately determine risk ratings for credit requests.
Prioritize assignments with guidance from the Commercial Credit Managers.
Evaluate the financial condition of guarantors through the effective analysis of personal financial statements and personal tax returns.
Perform loan covenant testing calculations and update covenant compliance records.
Complete education, as identified or assigned, to provide expertise in loan underwriting, loan structuring, and overall professional development.
Develop business writing and professional communication skills.
Preferred Education and Experience
Bachelor’s degree in business administration, accounting, management, finance, or related discipline
6-8 years relevant commercial lending or credit administration experience, specifically related to Equipment Finance
Additional Knowledge, Skills, and Abilities
Demonstrated ability to analyze complex credits accurately and efficiently
Knowledge of a lending to a wide variety of industries
Ability to analyze detailed financial data, strong computer skills, including word processing and spreadsheets
Ability to work with minimal direct supervision and requires the use of independent judgment and decision making
Preferred knowledge in high-net worth and corporate aircraft transactions
Understanding of secured loan documentation; negotiation skills
Strong interpersonal skills to effectively communicate with prospects, Senior Account Executives, agent banks, credit administration, and other bank personnel.
#LI-EK1
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
Northwest Bank is a privately held community bank dedicated to serving the unique needs of businesses across Washington, Oregon, Idaho, and Utah. Our experienced bankers provide customized financial solutions paired with exceptional customer service built on relationships, responsiveness, and trust.
We believe banking works best as a partnership. That starts with taking the time to understand your business, goals, and long-term vision. From there, we develop tailored solutions designed to support your success — and remain alongside you every step of the way.
Trust and financial strength matter when choosing a banking partner. Northwest Bank is recognized as one of the best-capitalized banks in the nation and has earned 5-Star “Superior” ratings from both BauerFinancial® and Bankrate.com’s Safe and Sound® ratings service.
Founded in 2008, Northwest Bank serves clients throughout the Boise, Coeur d'Alene, Portland, Seattle, and Salt Lake City metropolitan markets.
Northwest Bank: Experienced Bankers. Exceptional Service. Creative Solutions.
Member FDIC
Equal Housing Lender
Offices: 1750 West Front St. Suite 150, Boise, ID 83702, US · 1745 W. Tilford Lane, Coeur d'Alene, ID 83814, US · 4900 Meadows Rd. Suite 410, Lake Oswego, OR 97035, US · 925 4th Avenue, Suite 100, Seattle, WA 98104, US · 6985 S Union Park Center, Cottonwood Heights, Utah 84047, US
Commercial & Industrial LendingCommercial Real Estate LendingTreasury ManagmentProperty ManagementMedical & DentalHOAProfessional ServicesHomeowners AssociationEscrowOpportunity Zone Funds
How many Finance & Accounting jobs are open in Columbus, OH right now?
There are currently 1,442 open finance & accounting positions in Columbus, OH listed on Clera. New openings are added daily as companies post roles.
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