Apply📍 United States
🧭 Employee
💸 110000 - 160000 USD per year
🔍 Manufacturing and Robotics
- A 4-year degree in any discipline, preference for Business Administration, Finance, Accounting, or Economics preferred, or equivalent experience.
- 7+ years of commercial credit underwriting experience in a commercial bank, investment bank, credit fund, or fintech company.
- Knowledge and experience in credit underwriting of equipment transactions is highly desirable.
- Strong technical skills including financial statement analysis and credit risk management.
- Excellent communication, presentation, and project management skills.
- Experience developing new credit underwriting policies and processes to address evolving business needs, focusing on data and process automation.
- Evaluate credit applications from small- to medium-sized businesses to assess creditworthiness, completeness, and compliance.
- Contribute to evolving Formic’s credit risk management processes and support both process improvement and capital markets initiatives.
- Work closely with various functions across the company to support the sales process while addressing risk and ensuring compliance with established policies.
- Support the sales and customer success teams internally and externally as the subject matter expert on the credit policy and credit underwriting processes.
- Conduct underwriting calls with customers, as necessary.
- Prepare credit memoranda that include financial analysis, repayment ability calculation, management structure, and guarantor reviews.
- Develop new credit underwriting strategies by evaluating underwriting performance, incorporating new data sources, and employing emerging technology.
- Identify technology and process improvements for streamlining and automating credit application/review process.
LeadershipProject ManagementData AnalysisProduct ManagementProject CoordinationFinancial ManagementAnalytical SkillsCollaborationFinancial analysis
Posted 3 months ago
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