Senior Credit Underwriter - Distribution Finance

Senior Credit Underwriter - Distribution Finance

The Senior Credit Underwriter - Distribution Finance is responsible for analyzing and monitoring credit worthiness of assigned customers / accounts and recommending and / or approving credit within established guidelines. Activities include analyzing financial statements and completing ratio and trend analysis of statements to determine if a customer is eligible for financing.

Duties and Responsibilities :

• Underwrite high quality credit narratives in support of new and existing loans.
• Review and analyze various transactions including review and analysis of applications, financial statements, balance sheets, D&B reports, etc.
• Spread business financial statements and tax returns using Moody's software to analyze multi-year trends and ratios from financial information.
• Understand cash flow from operations, identifying recurring and non-recurring sources of cash flow.
• Research industry trends and risks.
• Perform collateral analysis including accounts receivable, inventory, real estate and investments.
• Run credit reports and gather / analyze KYC information.
• Spread personal financial statements and tax returns for individual guarantors, develop borrower and guarantor global cash flow analysis.
• Work with other areas to monitor delinquency, delinquency trends, and repossession activity.
• Conduct annual financial statement follow-up to borrowers and track and monitor the receipt by the Bank of this information.
• Prepare written recommendation as to whether the proposed loan should be approved as presented and provide alternate loan structure recommendations.
• Present to loan committee for loan approvals and communicate decisions.
• Perform other duties as assigned.

Basic Qualifications :

Preferred Qualifications :

Exempt Status : Yes = not eligible for overtime pay.

Workplace Type : Office.

Our approach to office workplace type enables our teams to deepen connections, maintain a strong community, and do their best work. Specific work arrangements will be provided by the hiring team.

Compensation Range : $63,000 - $124,000 Annual Salary.

Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.