Senior Commercial Portfolio Manager - Equipment Finance

Huntington Commercial Bank; Schaumburg (IL); On-site; USD 70,000 - 154,000; Full time

Job summary

A major financial institution is seeking a Senior Commercial Portfolio Manager - Equipment Finance to analyze credit worthiness and manage commercial credit underwriting. The ideal candidate will have over 5 years of experience in commercial credit underwriting and strong analytical skills. This role offers a salary range from $70,000 to $154,000 annually, plus benefits and potential for remote work arrangements.

Benefits

Health insurance coverage

Wellness program

Paid leave programs

Retirement savings plan

Qualifications

• 5+ years of experience in commercial credit underwriting.
• Demonstrated success in structuring and underwriting commercial credit.

Responsibilities

• Underwrite high-quality credit narratives for loans.
• Analyze applications, financial statements, credit reports.
• Perform collateral analysis including accounts receivable and inventory.
• Lead special projects and provide mentorship.

Skills

Commercial credit underwriting

Financial analysis

Leadership and mentoring

Customer service orientation

Education

Bachelor's degree in accounting, finance, business, or related field

Tools

Microsoft Word

Microsoft Excel

Moody's software

Job description

Overview

The Senior Commercial Portfolio Manager - Equipment Finance analyzes and monitors credit worthiness of assigned customers/accounts and recommends and/or approves credit within established guidelines. In addition, this role analyzes financial statements and completes ratio and trend analysis to determine customer financing eligibility.

Duties & Responsibilities

• Underwrite high quality credit narratives in support of new and existing loans. Review and analyze applications, financial statements, credit reports, etc.
• Spread business and personal 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.
• Research industry trends and risks.
• Perform collateral analysis including accounts receivable, inventory, real estate and investments.
• Run credit reports and gather/analyze KYC information.
• Work with other areas to monitor delinquency, delinquency trends and repossession activity.
• Prepare written recommendation as to whether the proposed loan should be approved as presented and provide alternate loan structure recommendations.
• Provide leadership and guidance to less experienced analysts, coach and mentor as appropriate.
• Lead special projects as needed.
• Perform other duties as assigned.

Basic Qualifications

• Bachelor's degree in accounting, finance, business, or related field
• 5+ years of experience in commercial credit underwriting

Preferred Qualifications

• Demonstrated success structuring and underwriting commercial credit
• Proficiency using Microsoft Word and Excel
• Strong written and verbal communication
• Strong customer service orientation
• Established professional network
• High level of professionalism

Additional Information

• Work Arrangement: Office-based; certain positions outside our branch network may be eligible for a flexible work arrangement. Remote roles may be offered; specific arrangements will be provided by the hiring team.
• Compensation Range: $70,000 - $154,000 Annual Salary. The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary based on location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. Huntington provides a variety of benefits 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.
• Note to Agency Recruiters: Huntington will not pay a fee for unsolicited resumes. Recruiting agencies must have a valid Master Service Agreement and Statement of Work for consideration.