Credit Underwriter- Inventory Finance

Credit Underwriter - Inventory Finance Description 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. This role includes analyzing financial statements and completing ratio and trend analysis of statements to determine if a customer is eligible for financing. Responsibilities Underwrite high quality credit narratives in support of new and existing loans. Review and analyze applications, financial statements, balance sheets, D&B reports, and other transactions. Use Moody’s software to spread business financial statements and tax returns, analyzing multi-year trends and ratios. 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, developing 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 receipt by the Bank of this information. Prepare written recommendations on loan approval and provide alternate loan structure recommendations. Present recommendations to loan committee for approvals and communicate decisions. Perform other duties as assigned. Qualifications 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; strong written and verbal communication and presentation skills; demonstrated ability to make sound business judgments while protecting the interests of the bank; strong technical skills. Huntington is an Equal Opportunity Employer. #J-18808-Ljbffr