Sr Commercial Portfolio Manager - Equipment Finance

Huntington National Bank; Akron (OH); Hybrid; USD 70,000 - 161,000; Full time

Job summary

Huntington Bank is seeking a Senior Commercial Portfolio Manager - Equipment Finance to analyze credit worthiness, underwrite loans, and determine financing eligibility by reviewing financial statements and performing ratio and trend analysis.

You will spread financial data using Moody's software, assess cash flow, collateral (A/R, inventory, real estate, investments), research industry risks, run credit reports and provide written loan recommendations.

Qualifications

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

Responsibilities

• Underwrite high quality credit narratives for new and existing loans.
• Spread financial statements and tax returns to analyze multi-year trends and ratios.
• Analyze cash flow from operations and identify recurring sources.
• Research industry trends and risks.
• Perform collateral analysis on receivables, inventory, real estate, and investments.
• Run credit reports and gather KYC information.
• Monitor delinquency, delinquency trends, and repossession activity.
• Prepare written loan recommendations and alternative structures.
• Provide leadership and mentorship to junior analysts.
• Lead special projects as needed.
• Perform other duties as assigned.

Skills

Commercial credit underwriting

Financial statement analysis

Credit narrative writing

Moody's software

Education

Bachelor’s degree in accounting/finance/business

Tools

Moody's software

Job description

This position is available to be filled at any Huntington Bank Corporate office location.

Summary:

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, financials statements, credit reports, etc.
• Spread business and personal financial statements and tax returns using Moody's software to analyze multi-year trends and ratios fromfinancial 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

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.

Exempt Status:

(Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Compensation Range:

$70,000 - $161,000 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. 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).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.