Commercial Credit Analyst – Equipment Finance

This is a fully remote position, open to applicants in Arizona, +19 more states.

📋 Description

• Underwrite transactions related to commercial equipment finance by evaluating financial statements, tax returns, cash flow, credit reports, banking information, collateral, guarantor support, and repayment ability.

• Analyze equipment loans, finance leases, capital leases, operating leases, sale-leaseback arrangements, vendor finance programs, and various other commercial equipment financing structures.

• Evaluate equipment values, collateral quality, advance rates, proposed terms, transaction structures, industry conditions, borrower strengths, and concentration risks.

• Identify significant credit risks, policy deviations, documentation issues, and suitable structural or financial mitigants.

• Draft credit memoranda and approval suggestions for new transactions, renewals, amendments, and other credit requests.

• Present transactions and address inquiries from senior credit leadership or the credit committee.

• Work collaboratively with sales, operations, documentation, asset management, and credit leadership to facilitate the approval of qualified transactions.

• Ensure the maintenance of complete and accurate credit files, approval conditions, workflow status, and supporting documents.

• Monitor assigned transactions for adverse trends, emerging risks, missing information, and unresolved approval conditions.

• Promptly communicate credit concerns and apply independent judgment within established policies and approval guidelines.

⛳️ Requirements

• Three to seven years of direct experience in commercial equipment finance underwriting.

• Prior underwriting experience within the equipment finance sector is essential; candidates lacking this experience will not be considered.

• Proficient in underwriting commercial equipment loans, leases, or other equipment finance transactions.

• Strong skills in analyzing financial statements, cash flow, liquidity, leverage, collateral, and repayment capacity.

• Experience in assessing equipment values, advance rates, transaction terms, guarantor support, and repayment risk.

• Capability to produce concise, accurate, and well-supported credit memoranda and underwriting recommendations.

• Familiarity with commercial equipment finance structures, collateral considerations, documentation requirements, and credit policies.

• Ability to independently manage multiple transactions and appropriately escalate complex or high-risk issues.

• Excellent written and verbal communication abilities.

• Proven ability to collaborate effectively with sales, operations, documentation, asset management, and credit partners.

• Proficient in Microsoft Excel, Word, and commercial credit or portfolio management systems.

• Capability to work remotely from within the United States during required business hours.

• A bachelor’s degree in finance, accounting, economics, business, or a related field is preferred.

• Equivalent direct experience in commercial equipment finance underwriting may be taken into account.

🏝️ Benefits

• Comprehensive health and wellness benefits.

• Opportunities for professional development and training.

• Flexible working arrangements.

• Competitive salary and performance-based incentives.