Equipment Finance - Credit Analyst

 Jersey City, United States       Permanent contract        Banking Operations

Responsibilities

SG Equipment Finance USA Corp. is seeking a qualified and self-motivated Credit Analyst with experience in underwriting for its office location in Jersey City, NJ. This position will report directly to the Head of Credit.  Core responsibilities include:


Transaction review:

  • Create financial spreads and perform credit analysis, identify risk factors and prepare the credit write up and recommendation.
  • Analyze personal credit information including personal financial statements and tax returns.
  • Review the asset to be financed or leased: understand the justification of the equipment, collateral valuation, depreciation and gap analysis.
  • Support the documentation team and review document packages for final approval and funding as necessary.

Proposal of Obligor ratings, Basel II parameters (LGDs), concentration metrics:

  • Experience and proficiency with risk rating software a plus.

Vendor review:

  • Review the vendors from a financial standpoint and participate in the due diligence on new and existing vendors.

Annual reviews:

  • Perform annual reviews on clients and vendors.

Projects:

  • Handle other projects/tasks related to credit as needed.

Profile Required

 Technical Skills:

  • A detailed understanding of accounting and financial statements.
  • Knowledge of lease/ loan documentation structures.
  • Proficiency in Microsoft Office products (Word, Excel).
  • Spanish speaking, a plus.
  • Good writing and negotiating skills.

Competencies Needed:

  • Strong interpersonal, communication (written and verbal) and partnering skills. A “team” player.
  • Strong analytical, problem-solving, and organizational skills.
  • Ability to multi-task and handle various ad-hoc requests. Ability to be creative in structuring.
  • Proactive, detail-oriented, driven to work in a fast learning environment.
  • Ability to prioritize and work in a dynamic, deadline-focused environment.

Prior Work Experience:

  • Five years of credit underwriting experience or similar role.

Education:

  • BA/BS in Finance, Accounting or Business Administration. Formal credit training preferred.

Why Join Us


Business Insight

 SG Equipment Finance is part of the international banking group Société Générale, one of the top ten banks in the world. SG Equipment Finance has enjoyed the number one position for equipment and vendor finance in Europe since 2002. SG Equipment Finance was established in the United States almost ten years ago and is rapidly growing into a top provider of equipment financing. The Group focuses on multinational and local vendors looking for a financing partner with an international outlook and independent equipment lessors looking for reliable funding partners.   


 


 

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 20000074
Business unit: SG CIB
Starting date: 24/02/2020
Date of publication: 16/01/2020
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Equipment Finance - Credit Analyst

Permanent contract   |   Jersey City   |   Banking Operations