In this role, you will analyze and make credit decisions within assigned authorities or make recommendations for credits ranging from $250M to $25MM+, including Equipment Leases and Financings, Recourse and Non-Recourse Lines of Credit and Vendor Programs while ensuring risk exposure consistent with the company’s credit quality guidelines. You may also have supervisory or training responsibilities for junior analysts.
Functions
Review financial data such as income, balance sheet and cash flow statements, perform ratio analysis; analyze growth, quality of management, market share, entity structures, equipment appraisals and borrower business plans to make recommendations with regards to credit capacity. Includes analyzing credit information from credit reporting agencies and other third-party sources.
Research and examine credit risks, assess history, and articulate reasons for support of an extension of credit
Prepare credit submissions to Sr. Management when recommending approval
Responsible for conducting on-going verification and regular tracking of customers’ credit quality through periodic review of credit reports, analysis of required financial information, and any other approval conditions
Experience managing and developing others and ability to build and maintain relationships
Experience developing, modifying, and executing company policies
Monitor collateral values, valuation dates, and methodologies within company policy.
Partner with processors to ensure loan documentation is consistent with requirements provided by credit authorizations. Identify any other issues requiring attention prior to approval/funding
Perform periodic covenant compliance checks on borrowers and/or guarantors as required. Responsible for ensuring timely line and/or loan renewals to prevent expirations.
Demonstrate compliance with all bank regulations that apply to your position, and keep up to date on regulation changes.
Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations that apply to your position.
Physical Requirements and Working Conditions
Sitting
Walking
Lifting up to 25 pounds
Occasional travel
*** RECRUITERS: PLEASE DO NOT CONTACT. ***
Requirements
Bachelor's Degree in Finance, Accounting, or another related field required. Fifteen or more years of commercial credit underwriting experience.
Ability to analyze financial statements and tax returns and accountant notes related thereto
Ability to understand business relationships and business entity structures and their effect on financial condition and status
Knowledge of business lending, with specific knowledge of Equipment Leasing and Vendor finance
Knowledge of standard concepts, practices, and procedures within the lending field
Knowledge of word processing, spreadsheet, and/or financial software (Word, Excel and Moody’s Risk Analyst preferred)
Possess strong organizational, analytical, customer service, problem solving, and interpersonal skills
Possess excellent written and verbal communication skills.
Internal Number: 18-2003
About Financial Pacific Leasing
As a subsidiary of Umpqua Bank, Financial Pacific Leasing, Inc. is a direct provider of small-ticket commercial equipment leases. We originate our business through partnering with third party originators and lessors in the U.S. For 40 years these partners have relied on Financial Pacific to provide them with innovative financing solutions for their customers.
Financial Pacific originates and services a portfolio of equipment leases that generally range from $5,000 to $150,000 on an Application-Only basis. We continue to help companies grow by financing their acquisition of new and used equipment. Our Commercial division handles leases and equipment financings with "bankable credit" between $100,000 - $15MM. Our Vendor Finance division provides equipment financing programs to manufacturers and distributors as a value added for their customers nationally.
The Company was established in 1975 and is located in Federal Way, Washington. Over the years we have expanded our services to become an industry leader in providing commercial equipment financing in the U.S. In 2013, we joined Umpqua Bank to further diversify and grow the bank's lending platform. Our growth and success is sup...ported by a staff of over 150 highly qualified and experienced employees. The financial strength and stability of Financial Pacific Leasing and Umpqua Bank has resulted in our being a trusted funding source that our partners have relied on year after year.
