Commercial Credit Analyst – Equipment Finance

This is a fully remote position, open to applicants in Arizona, +18 more states.

📋 Description

• Underwrite commercial equipment finance transactions by examining financial statements, tax returns, cash flow, credit reports, bank data, collateral, guarantor support, and repayment capabilities.

• Evaluate various financing options including equipment loans, finance leases, capital leases, operating leases, sale-leaseback transactions, vendor finance programs, and other commercial equipment financing arrangements.

• Assess equipment valuations, collateral integrity, advance rates, proposed terms, transaction structures, industry conditions, borrower strength, and concentration risks.

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

• Draft credit memoranda and approval recommendations for new transactions, renewals, amendments, and other credit applications.

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

• Collaborate with sales, operations, documentation, asset management, and credit leadership to facilitate the progression of qualified transactions through the approval process.

• Maintain comprehensive and precise credit files, approval conditions, workflow statuses, and supporting documents.

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

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

⛳️ Requirements

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

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

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

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

• Experience in evaluating equipment valuations, advance rates, transaction terms, guarantor support, and repayment risks.

• Ability to produce clear, precise, and well-supported credit memoranda and underwriting recommendations.

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

• Capability to independently manage multiple transactions and appropriately escalate complex or higher-risk issues.

• Excellent written and verbal communication abilities.

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

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

• Ability to work remotely 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 commercial equipment finance underwriting experience may be taken into consideration.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with employer matching.

• Opportunities for professional development and training.

• Flexible work arrangements and remote work options.