We are looking to hire a Credit Analyst who possesses a strong work ethic, has a strong working knowledge underwriting capital-intensive non-investment grade businesses in various industries that are seeking to obtain capital equipment financing, and evaluating their operating performance and financial condition. The ideal candidate will have a minimum of three to five years of credit underwriting experience with an equipment leasing or direct lending platform and a strong understanding of underwriting middle market credits.
Location: Remote
Essential Duties and Responsibilities:
Independently spread and analyze financial statements and supplementary information. The individual must possess significant knowledge and experience to perform a highly detailed analysis of a customer’s Balance Sheet, Income Statement, Statement of Cash Flow, and Capital Stack, inclusive of performing an evaluation of customer’s credit capacities as well as detail outlining the operating performance and financial condition of prospective and present borrowers.
In conjunction with third-party appraisers and consultants, performs in-depth analysis on equipment to be financed including estimated economic life, cost benefit analysis to customer, secondary market activity and projected valuation of equipment.
Prepares comprehensive credit memorandums, inclusive of proposing recommendations (structure or otherwise) to mitigate identified risks. Discuss findings with Senior Management to communicate structural recommendations in order to enhance credit quality both on an individual and portfolio basis.
Participates in customer due diligence meetings.
Performs periodic loan/lease portfolio reviews.
Ensures credit source documents, information, and analyses are properly saved / filed. Assist with integration and testing of new credit and electronic filing systems and technologies as needed.
Other duties as determined.
Compensation:
Salary: $110,000-$125,000 (commensurate with experience) and a discretionary performance-based bonus.
Company paid Health Care Plan (Medical, Dental & Vision)
Life Insurance (Basic, Voluntary & AD&D)
Paid Time Off (Vacation, Sick & Public Holidays)
Family Leave (Maternity, Paternity)
Short Term & Long-Term Disability
Training & Development
Minimum of BS/BA in Business, Finance, Accounting or comparable degree with specialized course work and training a plus.
Three to five years of commercial credit related underwriting experience; non-investment-grade private credit direct lending experience is a plus.
Must demonstrate a very strong knowledge of commercial credit analysis including the ability to analyze repayment sources, evaluate risk and determine collateral values.
Clear understanding of financial statement analysis and strong accounting skills.
Strong analytical capabilities, excellent written and oral communication and interpersonal skills.
Experience with equipment leasing and terminology.
Completion of bank or private credit direct lending credit training and familiarity with AI underwriting tools a plus.
Empire Asset Finance is a middle market equipment finance platform. As a subsidiary of Arena Investors, LP (a $4.7B AUM global asset manager), we are scaling a high-velocity, mid-to-large-ticket direct lending platform designed to fill the gap left by traditional banks and non-bank finance providers.
We focus on the mid-to-large-ticket segment of the $1.3 trillion annual U.S. equipment finance market, providing non-investment-grade middle market companies with flexible solutions including capital leases, operating leases, and loans.
