Credit Analyst III

Transwest; Minnesota; On-site; USD 96,000 - 111,000; Full time

Benefits offered by this job

Medical, Dental, Vision Insurance

Life & Disability Insurance

401(k) with company match

HSA/FSA

Paid time off & holidays

Employee Car Discount Program

Job summary

Trans Lease is seeking a Credit Analyst III to independently evaluate complex equipment finance transactions and support sound lending decisions. You’ll analyze financials, assess collateral, and provide trusted credit recommendations in collaboration with Sales and other teams.

The role requires 4+ years in equipment finance or related credit areas, with mentoring responsibilities and potential to influence underwriting standards. Competitive salary and comprehensive benefits offered.

Qualifications

• Bachelor's degree required; advanced degree or professional certification is a plus.
• Typically 4+ years of equipment finance, commercial credit, or specialty lending experience.
• Demonstrated ability to underwrite complex, higher-risk, and exception-based transactions.
• Approval authority up to $750,000, including appropriate policy exceptions and complex structures.

Responsibilities

• Analyze and underwrite commercial credit applications using financial statements, tax returns, credit bureaus, and other relevant information.
• Evaluate borrower strength, cash flow, guarantor support, collateral, equipment values, and overall transaction risk.
• Determine risk and provide clear, well-supported credit recommendations and decisions.
• Approve, condition, decline, restructure, or escalate transactions within established authority.
• Work closely with Sales to support originations, manage customer relationships, and provide timely deal execution.
• Develop strong knowledge of the commercial transportation and equipment finance industries.
• Monitor customer financial performance, credit exposure, and emerging portfolio risks.
• Manage multiple transactions while maintaining efficient turnaround times.
• Support funding activities, including pricing and funding packages, as needed.
• Participate in credit process improvements, special projects, and back-testing.
• Provide mentoring, training, and guidance to other Credit Analysts, as applicable.
• Contribute to credit policy, underwriting standards, and portfolio risk management at the senior level.

Skills

Equipment finance

Leasing experience

Commercial lending

Specialty lending

Excel skills

Credit judgment

Mentoring others

Education

Bachelor's degree

Advanced degree or cert.

Tools

Excel

Job description

# Credit Analyst IIIFull-TimeSaint Michael, MNTrans LeaseApply Now## DescriptionTrans Lease is looking for a Credit Analyst III to join our growing team.This is an opportunity for experienced credit professional ready to independently evaluate complex equipment finance transactions. You'll work closely with Sales and other teams to evaluate credit risk, support customer relationships, and help drive sound and timely lending decisions.Trans Lease, Inc. is an independent finance company specializing in commercial transportation equipment with more than $1 billion in managed assets and business throughout all 50 states, Puerto Rico, and Canada.**WE OFFER A FULL BENEFITS PACKAGE FOR ELIGIBLE EMPLOYEES INCLUDING:*** Medical, Dental, and Vision Insurance* Life (Voluntary and Employer Paid) and Disability Insurance* 401(K) with company match beginning with your first contribution* HSA and/or FSA, as applicable* Paid Time Off, Sick Time, and Company Paid Holidays* Employee Car Discount Program**ESSENTIAL DUTIES & RESPONSIBILITIES:*** Analyze and underwrite commercial credit applications using financial statements, tax returns, credit bureaus, personal financial statements, and other relevant information.* Evaluate borrower strength, cash flow, guarantor support, collateral, equipment values, and overall transaction risk.* Determine risk and provide clear, well-supported credit recommendations and decisions.* Approve, condition, decline, restructure, or escalate transactions within established authority, as applicable.* Work closely with Sales to support originations, manage customer relationships, and provide timely deal execution.* Develop strong knowledge of the commercial transportation and equipment finance industries.* Monitor customer financial performance, credit exposure, and emerging portfolio risks.* Manage multiple transactions while maintaining efficient turnaround times.* Support funding activities, including pricing and funding packages, as needed.* Participate in credit process improvements, special projects, and back-testing.* Provide mentoring, training, and guidance to other Credit Analysts, as applicable.* Contribute to credit policy, underwriting standards, and portfolio risk management at the senior level.* Other duties as assigned.**WORK ENVIRONMENT & PHYSICAL ABILITIES:*** Must be able to communicate, providing verbal and written feedback in a professional manner.* Requires frequent sitting, standing, balancing, bending, or stooping for prolonged periods of time.* Requires eye-hand coordination and manual dexterity sufficient to operate a keyboard, photocopier, telephone, calculator, and other office equipment.* Requires normal range of hearing and vision to record, prepare, and communicate appropriate reports.**REQUIRED EDUCATION, EXPERIENCE, KNOWLEDGE & SKILLS:*** Bachelor's degree required; advanced degree or professional certification is a plus.* Typically 4+ years of equipment finance, commercial credit, or specialty lending experience.* Demonstrated ability to underwrite complex, higher-risk, and exception-based transactions.* Strong credit judgment with the ability to mentor and guide other analysts.* Approval authority up to $750,000, including appropriate policy exceptions and complex structures.**PREFERRED QUALIFICATIONS:*** Equipment finance, leasing, commercial lending, or specialty lending experience.* Transportation industry experience.* Strong financial statement analysis and Excel skills.* Experience evaluating owner-dependent businesses and limited financial disclosure.* Strong communication, organization, and decision-making skills.**JOB DETAILS:*** Type: Salary* Compensation Range: $96,000 to $111,000+* Reports To: Credit Manager* Shift: M–F 8:00 AM – 5:00 PM* Closing Date: When Filled