Senior Credit Analyst — Commercial Lending & Risk

NewLane Finance; Philadelphia (Philadelphia County); On-site; USD 64,000 - 106,000; Full time

Benefits offered by this job

Health, Vision, Dental

401k with match

Generous PTO

Job summary

NewLane Finance in Philadelphia is seeking an experienced Senior Credit Analyst to review and process small business credit applications and conduct credit investigations for mid-ticket transactions up to $500,000.

You will evaluate risk using commercial and consumer reports, financial statements and tax returns, make sound credit decisions within policy, and prepare summaries for senior management. Excellent communication and teamwork are essential.

Qualifications

• Bachelor degree in Finance, Economics, Accounting or Math is required.
• Formal Credit Training is preferred.
• At least 5+ years of related experience in small business financing or leasing.
• Strong understanding of business tax returns and financial statements.
• Excellent Microsoft Office Suite and Excel skills.

Responsibilities

• Review and evaluate credit risk for commercial businesses with ticket sizes up to $500,000.
• Interpret commercial and consumer reports to render sound credit decisions.
• Analyze financial statements and tax returns to assess repayment capacity.
• Ensure transactions are underwritten per policy and procedure standards.
• Review and decide transactions within delegated credit authority.
• Prepare and present credit approval summaries to senior management.

Skills

Credit analysis

Financial analysis

Analytical skills

Communication skills

Teamwork

Education

Bachelor degree in Finance, Economics, Accounting or Math

Formal Credit Training

Tools

Excel

Job description

NewLane Finance in Philadelphia is seeking an experienced Senior Credit Analyst to review and process small business credit applications and conduct credit investigations for mid-ticket transactions up to $500,000.

You will evaluate risk using commercial and consumer reports, financial statements and tax returns, make sound credit decisions within policy, and prepare summaries for senior management. Excellent communication and teamwork are essential.