Credit Underwriting Officer - Inventory Finance

Credit Underwriter Sr - Inventory Finance page is loaded## Credit Underwriter Sr - Inventory Financeremote type: Officelocations: Schaumburg, ILtime type: Full timeposted on: Posted Todayjob requisition id: R0065460# **Description****Summary:**Credit Underwriting Officers are responsible for analyzing and monitoring credit worthiness of assigned customers/accounts and recommending and/or approving credit within established guidelines, with an emphasis on large strategic Dealer and OEM relationships and other complex credits. Also, assist in development of underwriting team and serve as coach to analysts, while also providing support on implementation of strategic initiatives on behalf of Underwriting Manager and/or Director.**Duties and Responsibilities:*** Underwrite high quality credit narratives in support of new and existing loans. Review and analyze various transactions. Includes review and analysis of applications, credit bureau reporting, business and personal financial statements, completion of borrower and global cash flow analysis, etc.* Provide leadership and guidance to less experienced analysts to complete strategic Dealer and OEM underwritings for HDFs key program relationships.* Review and approve transactions within credit authority and make sound recommendations on those outside of credit authority, including preparing written loan recommendations and proposing alternative loan structure recommendations when necessary.* Spreading of business financial statements and tax returns using Moody's software to analyze multi-year trends and ratios from financial information and complete periodic risk ratings.* Research industry trends and risks; share material changes and forecasts with teams after reaching a consensus with the Underwriting Manager and Director* Ensure adherence to Credit Policy and procedures, work with other departments to improve understanding and compliance and work closely with internal and external assurance functions to understand and ensure regulatory and policy compliance including Customer Identification Procedures under BSA, as well as Equal Credit Opportunity Act (ECOA) requirements.* Perform collateral analysis including accounts receivable, inventory, real estate and investments.* Work with Portfolio Operations teams to monitor payment performance, delinquency, delinquency trends and repossession activity.* Conduct financial statement follow-up to borrowers and track and monitor the receipt by the Bank of this information.* Preparation and presentation of problem loan reporting and ongoing portfolio reviews.* Lead special projects as assigned by Underwriting Manager and Director, including screening credit opportunities to ensure they meet HDF standards and strategies.* Perform other duties as assigned.**Other:*** Travel to manufacturer trade shows or dealer visits, due diligence trips, as needed ( #J-18808-Ljbffr