Equipment Finance Senior Underwriter

Equipment Finance Underwriter

Underwrites new and additional exposure for equipment finance credit requests comprised of guidance lines, loans, and various lease products. Collaborates with Originators to accurately present findings, including business rationale and risk mitigations, to obtain credit approval and meet customer needs. Ongoing portfolio management to monitor established borrowers financial performance and metrics.

Responsibilities :

• Analyze business, industry, financial data, and other supporting credit information concerning an applicant's credit request; identifies key business and financial risks that may impact the repayment prospects by the borrower; derives conclusions supporting the credit recommendation based on documented facts and / or sound judgement.
• Prepare timely, concise, and accurate credit recommendations, with limited supervision or revision. Includes : (1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating models to ensure customers and loans / leases are properly risk-rated; (3) accurate identification and mitigation of all exceptions to Bank tracked policy exceptions, procedures, and compliance regulations.
• Monitor borrower financial performance in line with equipment finance loan documents; ensures required financial statements are spread in accordance with Bank Guidelines and resulting covenant calculations are accurate, complete and adhere to approval conditions and loan documentation.
• Partners with Originators in customer and prospect calls as appropriate.
• Maintain a working knowledge of Bank's written policies and procedures regarding underwriting, compliance, portfolio management, regulatory guidelines and other policies and regulations as applicable to this job description.

Qualifications :

Physical Requirements / Working Conditions : Must be able to sit for long periods of time and use computer keyboard / or mouse, while viewing computer screens.

Note : This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.