Credit & Syndications Analyst

Northland Capital Equipment Finance; Saint Cloud (MN); On-site; USD 100,000 - 125,000; Full time

Benefits offered by this job

Profit-sharing tied to performance

Medical, dental, vision and life

PTO

401(k) employer match

Defined benefit plan

Tuition reimbursement

Job summary

Northland Capital is seeking an Experienced Credit and Syndications Analyst to support underwriting, structuring, approval, and ongoing risk management of commercial equipment finance and specialty lending. The role partners with Originations, Credit Leadership, Documentation, Legal, and Funding Partners to evaluate opportunities and structure transactions aligned with Northland's risk appetite.

The position focuses on front-end underwriting, credit decision support, syndication submissions, and

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
• 5-7+ years of commercial credit underwriting experience.
• Strong financial statement analysis and cash flow underwriting skills.
• Experience evaluating and structuring middle-market commercial transactions.
• Ability to independently analyze complex credit opportunities and make sound recommendations.
• Strong written, verbal, and interpersonal communication skills.
• Advanced Microsoft Excel skills.

Responsibilities

• Analyze commercial lending and equipment finance opportunities, including financial statements, cash flow, collateral, industry, and guarantor support.
• Prepare credit memoranda and approval recommendations for management and Credit Committee review.
• Perform scorecard-based underwriting and maintain supporting analyses.
• Develop transaction structures, approval conditions, collateral requirements, and covenant recommendations.
• Recommend risk ratings and identify key risks and mitigants.
• Partner with Originations to structure transactions that balance growth objectives with sound credit discipline.
• Prepare underwriting packages, transaction summaries, and credit submissions for banks, funding partners, and syndication participants.
• Coordinate responses to credit-related due diligence requests.
• Maintain familiarity with partner underwriting guidelines, scorecards, and program requirements.
• Support external approval processes and funding partner relationships.
• Conduct annual reviews and ongoing portfolio monitoring.
• Evaluate borrower performance, covenant compliance, and portfolio trends.
• Assist with watch list administration and problem credit management.
• Monitor concentration risks, industry developments, and emerging portfolio concerns.
• Support the continued development of underwriting standards, scorecards, and credit policies.
• Assist with portfolio analytics, reporting, and special projects.
• Help drive consistency, efficiency, and quality throughout the credit process.

Skills

Credit underwriting

Financial analysis

Cash flow underwriting

Middle-market experience

Communication

Excel proficiency

Education

Bachelor's degree (Finance/Accounting/Economics/Business)

Tools

Excel

Job description

Northland Capital is seeking an experienced Credit and Syndications Analyst to support the underwriting, structuring, approval, and ongoing risk management of commercial equipment finance and specialty lending transactions. This role partners closely with Originations, Credit Leadership, Documentation, Legal, and Funding Partners to evaluate opportunities, recommend credit decisions, and structure transactions that align with Northland's risk appetite and growth objectives.

The position is focused on front-end underwriting, credit decision support, syndication and funding partner credit submissions, and portfolio risk management. Post-closing syndication administration, package sales execution, documentation servicing, UCC administration, title administration, and related operational functions are handled separately from this role.

Deadline to apply: October 31st, 2026

What You'll Do

Credit Underwriting & Transaction Structuring

• Analyze commercial lending and equipment finance opportunities, including financial statements, cash flow, collateral, industry, and guarantor support.
• Prepare credit memoranda and approval recommendations for management and Credit Committee review.
• Perform scorecard-based underwriting and maintain supporting analyses.
• Develop transaction structures, approval conditions, collateral requirements, and covenant recommendations.
• Recommend risk ratings and identify key risks and mitigants.
• Partner with Originations to structure transactions that balance growth objectives with sound credit discipline.

Funding Partner & Syndication Support

• Prepare underwriting packages, transaction summaries, and credit submissions for banks, funding partners, and syndication participants.
• Coordinate responses to credit-related due diligence requests.
• Maintain familiarity with partner underwriting guidelines, scorecards, and program requirements.
• Support external approval processes and funding partner relationships.
• Conduct annual reviews and ongoing portfolio monitoring.
• Evaluate borrower performance, covenant compliance, and portfolio trends.
• Assist with watch list administration and problem credit management.
• Monitor concentration risks, industry developments, and emerging portfolio concerns.

Process Improvement

• Support the continued development of underwriting standards, scorecards, and credit policies.
• Assist with portfolio analytics, reporting, and special projects.
• Help drive consistency, efficiency, and quality throughout the credit process.

What We're Looking For

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
• 5-7+ years of commercial credit underwriting experience.
• Strong financial statement analysis and cash flow underwriting skills.
• Experience evaluating and structuring middle-market commercial transactions.
• Ability to independently analyze complex credit opportunities and make sound recommendations.
• Strong written, verbal, and interpersonal communication skills.
• Advanced Microsoft Excel skills.

Preferred Qualifications

• Equipment finance, specialty finance, commercial banking, or asset-based lending experience.
• Experience with scorecard underwriting methodologies.
• Familiarity with syndications, loan participations, or funding partner programs.
• Experience presenting transactions to senior credit leaders or credit committees.
• Knowledge of secured lending and collateral-based financing structures.

Location: St. Cloud, MN

Status: Full-time

Compensation: $100,000 - $125,000 annually (based on experience and qualifications)

Incentives: Eligible for company profit-sharing tied to company and individual performance

Benefits: Medical, dental, vision and life insurance; PTO; 401(k) employer match; defined benefit plan; tuition reimbursement

Applicants must be authorized to work in the U.S. We are unable to sponsor visas at this time.