Mitsubishi HC Capital America Inc
Senior Credit Analyst
Mitsubishi HC Capital America Inc, Itasca, Illinois, United States, 60143
Job Description
Job Description
Position Overview: The Senior Credit Analyst, is an underwriting role that contributes to underwriting of all transaction sizes, has a critically important function to review and process transactions within their earned credit authority and present transactions for total exposures exceeding earned credit authority to senior management across all verticals.
Commitment to Internal Control: The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.
Essential Duties and Responsibilities: Underwrite and decision transactions within earned credit authority and present transactions that exceed earned credit authority to senior management. Strive to underwrite at least 15 transactions daily while maintaining accuracy and excellence. Provide articulate, thoughtful, and effective communication when discussing transactions with Sales, Dealers, Brokers as well as with internal clients such as the Operations department. Obtain & analyze public and private information such as Dun & Bradstreet reports, Paynet reports, Secretary of State corporate name verifications, Safer reports, Credit Bureau reports etc. Perform equipment valuations by utilizing industry leading commercial tools such as Truck Paper, Machinery Trader, Black Book, Blue Book, NADA, Green Guide etc. to ensure loans are adequately collateralized. Complete credit references as necessary with banks, finance companies and through work/revenue sources. Research industries, markets, and equipment as necessary. Performs other related duties as assigned by management.
KPI’s (Key Performance Indicators): Underwrite and decision transactions. Obtain and analyze public and private information. Provide best-in-class service to internal and external customers.
Responsibility and Decision-Making Authority: Act independently Decision-making within Company policy. Management/Supervisory
Responsibilities: Coordinate with Assistant Credit Manger(s) to provide daily leadership to the underwriting team.
Qualifications: Minimum 2 - years of commercial underwriting experience Experience with Transportation equipment finance strongly preferred. Financial statement analysis experience and familiarity with financial statement spreading tools preferred.
Competencies: Adapts to changes in the work environment. Collects and researches data. Excellent written and verbal communication skills.
Education and Experience: 4 - year bachelor’s degree with a major in finance or management; or equivalent experience preferred.
Licensing and Certification: N/A
Tools and Equipment Used: Personal computer, copier, phone, and other typical office equipment
Working Hours: Hours may vary and may require some evening work; frequently requires working 40-45 hours/week depending on business needs. Travel: Occasional travel related to attendance at industry seminars or to visit with dealers or equipment manufacturers.
Physical Demands: Digital dexterity and hand/eye coordination in operation of office equipment Light lifting and carrying of supplies, files, etc. Ability to speak to and hear customers and/or other employees via phone or in person. Body motor skills sufficient to enable incumbent to move from one office location to another.
The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.
The position is exempt and the salary will be between $76,600.00 and $89,800.00 with an opportunity to earn a discretionary annual bonus.
The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.
Additional benefits: - Medical, Dental, and vision plans - 401(k) and matching - Paid Time Off - Company Paid Life Insurance - Employee Assistance Program - Training and Development Opportunities - Employee Discounts
Job Description
Position Overview: The Senior Credit Analyst, is an underwriting role that contributes to underwriting of all transaction sizes, has a critically important function to review and process transactions within their earned credit authority and present transactions for total exposures exceeding earned credit authority to senior management across all verticals.
Commitment to Internal Control: The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.
Essential Duties and Responsibilities: Underwrite and decision transactions within earned credit authority and present transactions that exceed earned credit authority to senior management. Strive to underwrite at least 15 transactions daily while maintaining accuracy and excellence. Provide articulate, thoughtful, and effective communication when discussing transactions with Sales, Dealers, Brokers as well as with internal clients such as the Operations department. Obtain & analyze public and private information such as Dun & Bradstreet reports, Paynet reports, Secretary of State corporate name verifications, Safer reports, Credit Bureau reports etc. Perform equipment valuations by utilizing industry leading commercial tools such as Truck Paper, Machinery Trader, Black Book, Blue Book, NADA, Green Guide etc. to ensure loans are adequately collateralized. Complete credit references as necessary with banks, finance companies and through work/revenue sources. Research industries, markets, and equipment as necessary. Performs other related duties as assigned by management.
KPI’s (Key Performance Indicators): Underwrite and decision transactions. Obtain and analyze public and private information. Provide best-in-class service to internal and external customers.
Responsibility and Decision-Making Authority: Act independently Decision-making within Company policy. Management/Supervisory
Responsibilities: Coordinate with Assistant Credit Manger(s) to provide daily leadership to the underwriting team.
Qualifications: Minimum 2 - years of commercial underwriting experience Experience with Transportation equipment finance strongly preferred. Financial statement analysis experience and familiarity with financial statement spreading tools preferred.
Competencies: Adapts to changes in the work environment. Collects and researches data. Excellent written and verbal communication skills.
Education and Experience: 4 - year bachelor’s degree with a major in finance or management; or equivalent experience preferred.
Licensing and Certification: N/A
Tools and Equipment Used: Personal computer, copier, phone, and other typical office equipment
Working Hours: Hours may vary and may require some evening work; frequently requires working 40-45 hours/week depending on business needs. Travel: Occasional travel related to attendance at industry seminars or to visit with dealers or equipment manufacturers.
Physical Demands: Digital dexterity and hand/eye coordination in operation of office equipment Light lifting and carrying of supplies, files, etc. Ability to speak to and hear customers and/or other employees via phone or in person. Body motor skills sufficient to enable incumbent to move from one office location to another.
The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.
The position is exempt and the salary will be between $76,600.00 and $89,800.00 with an opportunity to earn a discretionary annual bonus.
The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.
Additional benefits: - Medical, Dental, and vision plans - 401(k) and matching - Paid Time Off - Company Paid Life Insurance - Employee Assistance Program - Training and Development Opportunities - Employee Discounts