Credit Underwriter Sr - Inventory Finance

Job Summary The Credit Underwriter Sr. - Inventory Finance (IF) 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. Performs other duties as assigned. Basic Qualifications Bachelor’s degree in Finance, Accounting, Business or related field 3+ years wholesale/commercial credit underwriting experience and prior credit approval authority. Preferred Qualifications Masters Degree. Detail oriented with the ability to analyze cash flow, leverage and gauge customer strength. Experience with deal sizes ranging from 2MM to 10MM being preferred. 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. Employment Details Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay) Yes Workplace Type: Office Our Approach to Office Workplace Type: 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. Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis. Compensation Compensation Range: $63,000.00 - $124,000.00 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 various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. Benefits In addition, 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 Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details. Reasonable Accommodations Reasonable Accommodations Various methods will be used throughout the recruitment process to verify candidate authenticity. Any interviews conducted virtually must be joined from a distraction-free environment, with the candidate on camera and without the use of virtual backgrounds. If you would like to contact us regarding the accessibility of this site or if you require a reasonable accommodation to apply for a job or to perform the essential functions of the job, please send an email to View email address on click.appcast.io. Legal Disclaimers EEOC Disclaimer Know Your Rights CA Data Privacy CA Data Privacy Rights Tobacco Disclaimer Tobacco-Free Hiring Practice #J-18808-Ljbffr 0101 The Huntington National Bank