*This position can be located in our Marshall, MN, Chandler, AZ, Devils Lake, ND, or West Fargo, ND locations and may have the opportunity for a hybrid schedule.
At Western, “what” you know is important, but not as important as how you relate to teammates and customers. Our environment is based on the principles of respect, curiosity, creativity, individual empowerment, and the ability to listen effectively and communicate openly. We also believe in continual learning, bias toward action, keeping commitments, and doing our absolute best every day.
The Senior Credit Analyst will work with the Credit Department and Sales Department to evaluate and underwrite larger financial statement transactions. This role is responsible for managing the credits within identified channels and for creating and maintaining productive relationships with vendors, customers and business partners that reflect superior customer experience consistent with our organization’s vision, core values, and team guidelines.
Underwriting
Investigate, evaluate and underwrite larger financial statement transactions in accordance with credit policies and guidelines, program structure and delegated credit authority. Review tax returns, financial statements, commercial and consumer credit reports and other sources to evaluate the customers’ credit capacity. Communicate directly with the Business Development Managers and customers during the underwriting process. Perform credit review, complete credit narrative and present to Credit Committee and Board of Directors, when required. Assist with small ticket underwriting and deaccessioning as needed.
Relationship Management
Manage and continue to grow strong relationships with vendors, customers and business partners, as well as internal departments to drive business results and create a superior customer experience. Foster a close working relationship with departments throughout the organization to identify appropriate risk tolerance within new or existing business opportunities.
Data Management & Reporting
Ensure updates/reports required in WEF’s Credit Policy are presented to the Board of Directors in an effective and efficient manner. Possess a high degree of proficiency in Excel and report generation with the ability to analyze, summarize and communicate findings. Assist with data mining and tracking to aid the team in creating department dashboards.
Special Projects
Manage special projects as needed. Special projects will vary based on workload, organizational priorities and identified initiatives. Some travel may be required.
This is a fulltime position with benefits.
Bachelor’s Degree in Finance, Economics, or Business-related field required with 5-7+ years of credit analysis/underwriting experience in a commercial lending capacity preferably with specialty equipment finance and/or C&I lending experience. 5-7+ years of experience in large ticket underwriting required with a thorough understanding of cash flow analysis, financial statement analysis and tax returns, and personal credit reports. Demonstrated ability to write concise financial analysis and more complex credit memoranda. Formal credit training beneficial.
We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to provide sponsorship for visa status. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.
Western Equipment Finance is an EEO and Affirmative Action Employer.
