Senior Credit Analyst

This position will be located in either our Itasca, Norwalk or Edina office in a hybrid capacity.  

Position Overview 

Reviews and processes new credit transaction applications to make decisions within the single signature authority granted and in compliance with Mitsubishi HC Capital America, Inc. (MHCA) credit policy focusing on full financial disclosure transactions with exposures between $1.0M - $5.0M USD.  Recommends approval terms to senior credit management when more than single signature authority.  Performs other hands-on administrative functions relating to documentation, funding, and collateral valuations. Assists in training and indoctrination of new credit staff hires focusing on departmental workflows and MHCA underwriting guidelines. 

Commitment to Internal Control: 

This position requires a comprehensive understanding of and adhere to the system of internal controls associated with the fundamental duties and responsibilities of the role. This includes compliance with SOX and all other pertinent regulatory and compliance policies and requirements. 

Essential Duties and Responsibilities:  

• Performs in-depth credit analysis and financial evaluation of new business transactions within designated single signature authority on a timely basis  
• Prepares detailed credit write-ups of credit transactions in accordance with MHCA underwriting criteria and makes appropriate recommendations to Senior Management regarding transactions exceeding single signature authority     
• Experience in underwriting healthcare, IT, or franchise lending industries is not required but is a plus
• Ability to review, understand, and communicate financial statements and utilize the data to risk rate transaction within their authority or communicate and present the recommendation to the approving authority in a timely manner to support MHCA field marketing force, dealers, and manufacturers 
• Interact with Operations/Legal teams to assure that the documents reflect the actual approval and commitment stipulated in their sign-off of the credit transaction  
• Provide assistance to the application only team where required by total overall application workflow 

Key Performance Indicators:  

• Complete financial statement spreads and analysis, along with the Credit Memo, on credits with total exposure of $1,000,000 to $5,000,000 

Responsibility and Decision-Making Authority:  

• Act independently; Decision making within Company policy 

• Single Signature Credit Authority will be assigned based on experience level

Management/Supervisory Responsibilities: 

• N/A  

Qualifications  

Knowledge, Skills, and Abilities: 

• Thinking Skills 
• Analytical Ability 
• Ability to Synthesize 
• Creativity/Innovation 
• Problem-solving 
• Decision-making/judgement 
• Communications 
• Oral Communication (French/English) 
• Written Communication (French /English) 
• Interpersonal Relationships 
• Interpersonal Communication 
• Ability to work in a team 
• Technical and Professional – Thoroughness 

• Personal Qualities – Self-motivated 

Education and Experience: 

• BS/BA Degree in Business or Finance or equivalent experience 
• Minimum eight years related experience with a comparable financial institution with prior single signature approval authority within a risk finance investment environment. Eight to ten years preferred. 

Working Hours: 

• Hours may vary and will require evening work depending on business needs and will require working overtime. 

 Travel: 

• 10% annual estimated. Customer visits or conferences/seminars  

Physical Demands: 

• Digital dexterity and hand/eye coordination in operation of office equipment 
• Light lifting and carrying of supplies, files, etc. 
• Ability to speak to and hear customers and/or other employees via phone or in person 
• Body motor skills sufficient to enable incumbent to move from one office location to another.
  
  
  The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.

The position is exempt and the salary will be between $98,500 - $115,000 with an opportunity to earn a discretionary annual bonus. 

The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.

Additional benefits:

• Medical, Dental, and vision plans
• 401(k) and matching
• Paid Time Off
• Company Paid Life Insurance
• Employee Assistance Program
• Training and Development Opportunities
• Employee Discount