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 evaluating financial statements, tax returns, cash flow, credit reports, bank information, collateral, guarantor support, and repayment capabilities.

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

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

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

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

• 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 approval of qualified transactions.

• Keep comprehensive and precise credit files, approval conditions, workflow status, and supporting documentation.

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

• Communicate credit concerns in a timely manner and exercise independent judgment within established policies and approval guidelines.

⛳️ Requirements

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

• Previous underwriting experience within the equipment finance sector.

• Proven experience 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 evaluating equipment values, advance rates, transaction terms, guarantor support, and repayment risk.

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

• Working knowledge of commercial equipment finance structures, collateral considerations, documentation requirements, and credit policies.

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

• Excellent written and verbal communication skills.

• Ability to work 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 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 considered.

🏝️ Benefits

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with company matching.

• Flexible work hours and remote work opportunities.

• Professional development and training programs.

• Generous paid time off and holiday schedule.