Credit Underwriter- Inventory Finance

Summary Credit Underwriter - Inventory Finance is responsible for analyzing and monitoring credit worthiness of assigned customers/accounts and recommending and/or approving credit within established guidelines. Includes 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. Includes review and analysis of applications, financial statements, balance sheets, D&B reports, etc. Spreading 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, which includes 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. Communicate decisions. Perform other duties as assigned. Basic Qualifications Bachelor’s degree in Finance, Accounting, Business or related field 2+ years wholesale/commercial credit underwriting experience Preferred Qualifications Detail oriented with the ability to analyze cash flow, leverage and gauge customer strength. Experience in lending to a wide variety of industries, loan types, and sizes of companies being preferred Strong written/verbal communication and presentation skills. Demonstrated ability to make sound business judgments while protecting the interests of the bank. Strong technical skills. Workplace Type Office. Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team. Employment Eligibility Applicants must be currently authorized to work in the United States on a full-time basis. Exempt Status Yes (not eligible for overtime pay) Compensation $52,000 - $101,000 Annual Salary. The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. Benefits 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). Equal Opportunity Employer Huntington is an Equal Opportunity Employer. Tobacco-Free Hiring Practice Visit Huntington's Career Web Site for more details. #J-18808-Ljbffr Huntington Bancshares, Inc.