ABL Credit Officer

  • $225
  • Livingston, NJ, USA
  • Permanent, Full time
  • The Delafield Group
  • 05 Oct 18

Candidate will be responsible for the quality, integrity and soundness of all financial analysis, underwriting and credit approval processes for an assigned portfolio.Experience with Asset Based Lending underwriting analysis is required.

This ABL underwiter will be responsible for evaluating and making decision on remewals, modifications and new deals ensuring quality and soundness for credit transactions. Proactively manage the credit risk and exposure for an assigned portfolio including initiating credit modififcations an risk upgrading/downgrading, modifying terms and frequency covenants, financial reporting, collateral security and audit schedules. Manage risk/ exposure  and compliance with Credit Policy for the asigned portfolios. Maintain compliance with applicable rules and regs. Manage the approval process and negotiate terms and conditions of Credit with Relationship Manager. A minimum of seven years as a Credit Analyst,Sr.Underwriter, Loan workout analyst,or Sr PM with an accounting or Economics Degree and the ability to work within a financial model using projected data is required.

A thorough understanding of financial statements, accounting principles, Credit Policy, applicable laws and industry data sources are also needed.