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Senior Credit Underwriter
De Lage Landen
Wayne, PA, United States
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DLL is a global provider of asset-based financial solutions in the Agriculture, Food, Healthcare, Clean Technology, Transportation, Construction, Industrial and Technology Solutions industries. We collaborate with equipment manufacturers, dealers and distributors in more than 30 countries to enable businesses to obtain and use the assets they need to contribute meaningfully to the world.
Do you believe businesses should have a bigger ambition than short term profit? If you do, join DLL’s mission to ‘See what counts’. You’ll be part of a team that gets the right tools into the right hands. A team that understands the heart and soul of our partners’ business. A team that provides original financial solutions to sustain success for generations.
As a Structured Credit Analyst, you will be expected to execute the risk management and credit underwriting processes, based on assigned authority levels and targets, in order to support the commercial loan / lease origination activities, while also achieving expected loss targets.
Day to Day:
• Assess completeness and topicality of client information as a basis for credit and risk analysis and decisions.
• Maintain credit reviews assigned in a current status, with timely follow-up with clients on information needed.
• Analyze risk of customer/end-user, local vendor or local dealer as thorough basis for decision making on local vendor/dealer agreements and end-user credit applications.
• Check credit and vendor lines and follow up validity of credit limits in risk committee. Recommend to risk committee the approval of credit line amounts for vendors, dealers and end-users.
• Re-rate annually end-users, local vendors and local dealers on risk rating.
• Monitor credit lines assigned on an ongoing basis, to ensure borrower compliance with credit requirements specific to that borrower. Interim reviews and field inspections as required.
• Take independent, quick and efficient decisions on credit applications within delegated authority.
• Assist commercial team in the attainment of qualified new vendor, dealer and end-user clients. Emphasis on larger relationships.
• Provide leadership to other team members in credit analysis, construction of a well written / concise credit recommendation and presentation to local credit committee.
• Monitor the credit/risk profile of assigned accounts and advise in order to stay in control and take corrective action when needed.
• Contribute to the fine-tuning and tailoring of credit and risk policies and regulations.
• Develop local credit and risk management policies/guidelines in order to ensure a proper fit with local regulations and requirements.
• Other duties as assigned.
• Bachelor's degree in related field
• 2-7 years of extensive experience in the field of credit analysis, underwriting and risk management
• Experience in mid-ticket underwriting
• Expert knowledge of financial analysis, portfolio analysis, external regulations and credit/risk management policies; knowledge of medical equipment a plus
• High analytical skills / excellent writing skills
• Ability to communicate effectively / concisely, both orally and written with other members of the team, clients and prospective clients
• Demonstrates a high degree of energy, attention to detail and teamwork
• Some travel may be required
• Two working days per year volunteering for a local charity
• Full Service Cafeteria and Fitness Center on campus
• Flexible hours with possibility to work from home (within job scope)
• Career development opportunities: online learning, member development programs, Tuition reimbursement program.
• Company matching 401k program
• Industry leading Paid Time Off package
• Outstanding Medical, Dental, Vision benefit programs
• One month fully paid sabbatical after seven years of service