Position is located in Itasca, IL office. 

Position Overview:

The Senior Credit Analyst I, is an underwriting role that contributes to underwriting of all transaction sizes, has a critically important function to review and process transactions within their earned credit authority and present transactions for total exposures exceeding earned credit authority to senior management across all verticals.

Commitment to Internal Control:

The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.

Essential Duties and Responsibilities:

• Underwrite and decision transactions within earned credit authority and present transactions that exceed earned credit authority to senior management.
• Strive to underwrite up to 15 transactions daily while maintaining accuracy and excellence. 
• Review and spread financials/tax returns to provide formative analysis regarding performance and trends. Familiarity with Moody’s Financial/Risk Analysis or a comparable financial spreading tool is important to assist with underwriting analysis.
• Provide articulate, thoughtful, and effective communication when discussing transactions with Sales, Dealers, Brokers as well as with internal clients such as the Operations department.
• Obtain & analyze public and private information such as Dun & Bradstreet reports, Paynet reports, Secretary of State corporate name verifications, Safer reports, Credit Bureau reports etc.
• Perform equipment valuations by utilizing industry leading commercial tools such as Truck Paper, Machinery Trader, Black Book, Blue Book, NADA, Green Guide etc. to ensure loans are adequately collateralized.

• Research industries, markets, and equipment as necessary.

KPI’s (Key Performance Indicators):

• Underwrite and decision transactions.
• Obtain and analyze public and private information.
• Provide best in class service to internal and external customers

Responsibility and Decision-Making Authority:

Act independently; Decision-making within Company policy.

Management/Supervisory Responsibilities:

N/A

Qualifications:

• Minimum 4 years of commercial underwriting experience.
• Experience with transportation equipment finance strongly preferred.

Competencies:

• Adapts to changes in the work environment.
• Collects and researches data.
• Excellent written and verbal communication skills.

Education and Experience:

Licensing and Certification:

N/A

Tools and Equipment Used:

Working Hours:

Travel:

Physical Demands:

• Digital dexterity and hand/eye coordination in operation of office equipment
• Light lifting and carrying of supplies, files, etc.
• Ability to speak to and hear customers and/or other employees via phone or in person.
• Body motor skills sufficient to enable incumbent to move from one office location to another.

The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.