Credit Manager - Equipment Finance - Remote

UnitedHealth Group•Draper, UT

1d•Remote

About The Position

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. The Credit Manager – Equipment Finance will be responsible for the review and underwriting of equipment finance requests to help the bank build, maintain, and accurately risk grade its solid credit portfolio. This will involve working closely with the leasing underwriters, leasing relationship manager, credit administration, credit operations, and other credit personnel. Credit Managers lead the recommendation phase of new loan requests and annual reviews. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or Business from an accredited institution
5+ years of experience analyzing business tax returns and financial audits using generally accepted accounting principles (GAAP)
5+ years of experience analyzing business and personal financial statements associated with lease requests
3+ years of experience working in a credit or lending role with a commercial bank
2+ years of experience making or recommending credit decisions on transactions > $5 million
2+ years of experience underwriting equipment leases and reviewing loan/lease documents

Nice To Haves

Advanced degree in a business-related field from an accredited institution (MBA, MRED, MSF, MACC, etc.)
Completion of a formal commercial credit training program
Experience working out problem equipment leases

Responsibilities

Analyze new equipment lease requests and perform periodic reviews on existing equipment leases
Conduct analysis of financial statements and assess overall credit risk of new and existing loans and leases
Take lead role in presenting analysis, findings, and recommendations to Credit Administration, Relationship Manager, and other members of the Credit team
Lead the creation of credit underwriting memos which analyze the credit request, the borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with applicable regulations and policies
Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function
Assess and recommend risk ratings for underwritten leases
Assist with portfolio management and monitoring
Develop and maintain positive relationships with internal and external clients
Assist with training and mentoring of other analysts and underwriters
Assist with special projects and complete other duties as assigned