Credit Analyst II

Vault Credit Corporation

6d•Onsite

About The Position

Vault is a non-bank private lending company offering a wide array of financial services such as mortgage, leasing and lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We are dedicated to delivering products and services that meet the diverse needs of our borrowers, quicker and easier than traditional sources! We have a fast-paced, fun, progressive, and friendly work environment. The company is currently experiencing growth (which comes with incredible opportunity) that can be attributed to the “work hard, play hard” and “have fun while you work” values of the organization. This is a company with no politics or red tape, you want to get something done, you will have the latitude and opportunity to run with it, giving you the chance to take ownership of your results with no ceiling of what you can accomplish. The successful candidate will be responsible for making credit decisions within his or her authorized credit limit, as well as well preparing detailed credit analysis including recommendations on transactions exceeding the Analyst's credit limit for decisions to be made at higher authority levels. Constantly striving for efficiencies and assisting risk management within the portfolio is also a key component of this role.

Requirements

Minimum 3 years’ experience in Business Credit underwriting and risk management in a financial services environment.
Relevant post-secondary education with an emphasis on business and finance.
Strong understanding of commercial business structures.
Familiarity with acceptable financing options and techniques.
Sound knowledge and understanding of business financial statements, business case, cash flow analysis, commercial lending security documentation, including collection/work out techniques and remedies.
Excellent credit writing skills.
Demonstrates innovative and creative approaches to solving difficult challenges and seizing opportunities.
Proven ability to identify and quantify subtle business risks and the ability to identify key drivers of risk and focus discussions accordingly.
Strong verbal and written communication skills.
Ability to exercise sound judgment.
Works well in a team environment.
Able to prioritize and plan workload, and to meet deadlines in a dynamic, fast-paced environment.
Self-motivated.
Sound knowledge of credit scores reported on commercial credit bureaus and consumer credit bureaus.

Responsibilities

Making credit decisions within authorized credit limit.
Preparing detailed credit analysis and recommendations for transactions exceeding the Analyst's credit limit.
Striving for efficiencies and assisting risk management within the portfolio.
Performing underwriting analysis of Borrower’s character, creditworthiness and financial condition.
Providing direction and leadership on transactions to origination and sales support members, on structure, terms, conditions security and covenant recommendations.
Conducting research, financial and statistical analysis to determine and support the clients' creditworthiness while minimizing risk exposure.
Providing recommendations or justification for the credit decision.
Spreading and analyzing business financial statements and/or tax returns.
Ensuring compliance with corporate credit policies and procedures.
Interacting with senior leadership team.
Proactively identifying areas requiring process improvements and taking ownership for proposing creative solutions.
Performing vendor reviews.
Conducting analyses to determine causes and cures for delinquency.
Understanding market changes and remaining relevant knowledge of industry issues.
Completing ad hoc requests as needed.