Credit Underwriter - Leasing / Loans

Credit Underwriter - Leasing / Loans

The position is responsible for underwriting lease and loan transactions and managing competing priorities, constantly maintaining excellent communication with all key stakeholders throughout the underwriting process. Additionally, this role will assist with the implementation of the credit policy and flow of incoming lease requests, and provide appropriate credit risk analysis for ongoing portfolio management related items. Remote applicants considered.

Role Objectives :

Strategy - Accountable for all first line credit risk management strategies including origination, modification, acquisition, account management (credit underwriting, credit monitoring, credit approval authorization, and exception management), assist collections team as needed, and support portfolio management efforts across all lending products. Establish and maintain a strong credit culture that balances growth and asset quality in support of the SMFL's strategic plan. Identify portfolio trends and other economic factors and recommend appropriate proactive measures for effective first line strategies and an ongoing early warning system.

Leadership Demonstrate leadership and credit skills while maintaining the SMFL credit culture. Would be responsible to check accuracy of work of the underwriting analyst and compliance to UW guidelines and standards and RACS, meet all internal reporting requirements, and ensure appropriate full scope of information is available for decision-making at all levels. Develop and maintain exceptional knowledge of financial industry, economy, market conditions, borrowers, and portfolios. Support the portfolio analysis trends and reporting and analytics.

Collaboration - Collaborate with all other cross functional groups as needed to ensure that credit writeup are approved in a timely manner. The position will also be responsible for updating all applicable systems of record and maintaining accurate and organized credit files. Support new sales initiatives from a risk perspective.

Risk Management - Review new and existing client relationships for credit quality. Develop, direct, and implement systems, scores, models, risk controls, and policies and procedures in support of business objectives in line with risk appetite and return metrics. Follow policies and procedures to ensure accretive returns and that results remain within the SMFL's risk appetite metrics. Comply with second line Credit Risk Management RMDAD oversight and examinations from 3rd Line of defense - IAD and CRVD and maintain strong relationships, support examinations and adhere to CUSO Credit Risk Management Framework and Governance Control and other AD policies.

Qualifications and Skills :

• Undergraduate degree in Finance or a related field or an equivalent combination of training and experience.
• Five or more years of relevant equipment finance underwriting experience

Preferred Qualifications :

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.