Sr Commercial Portfolio Manager - Equipment Finance

Huntington Commercial Bank; Pittsburgh (Allegheny County); On-site; USD 70,000 - 161,000; Full time

Benefits offered by this job

Health insurance coverage

Wellness program

Life and disability insurance

Retirement savings plan

Paid leave programs

Paid holidays

PTO

Job summary

Huntington Bank is seeking a Senior Commercial Portfolio Manager - Equipment Finance to analyze and monitor credit worthiness of assigned customers, and to recommend and/or approve credit within guidelines. The role includes analyzing financial statements and performing ratio and trend analysis to determine equipment financing eligibility.

The position involves underwriting high-quality credit narratives, spreading statements using Moody's, and leading and mentoring junior analysts while

Qualifications

• Bachelor's degree in accounting, finance, business, or related field.
• 5+ years of experience in commercial credit underwriting.
• Proficiency with Microsoft Word and Excel.
• Strong written and verbal communication.
• Strong customer service orientation.
• Established professional network.
• High level of professionalism.

Responsibilities

• Underwrite high quality credit narratives for new and existing loans.
• Spread financial statements and tax returns using Moody's software for trend analysis.
• Analyze cash flow from operations and identify recurring/non-recurring sources.
• Research industry trends and risks.
• Perform collateral analysis (AR, inventory, real estate, investments).
• Run credit reports and gather KYC information.
• Provide leadership and mentor junior analysts; lead special projects.

Skills

Credit underwriting

Financial statement analysis

Cash flow analysis

Leadership & mentoring

Communication

Education

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

Tools

Microsoft Word

Microsoft Excel

Moody's software

KYC tools

Job description

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 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

Exempt Status

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

Yes

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.

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).

• health insurance coverage
• wellness program
• life and disability insurance
• retirement savings plan
• paid leave programs
• paid holidays
• paid time off (PTO)

Huntington is an Equal Opportunity Employer.

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