Middle Market Lending Specialist jobs in Salt Lake City, UT

Summary: Assists management in making informed credit decisions regarding existing and potential borrowers. Prepares and presents elementary commercial lease as well as commercial and industrial lessor credit requests by performing the following duties:

Essential Duties and Responsibilities

• Recommends credit exposures to Lease Bankers
• Recommends risk rating and lease category consideration to Lease Bankers
• Performs commercial credit analysis by reviewing items including, but not limited to credit reports, personal and business financial statements and tax returns, appraisalss to complete loan presentations for approval consideration by the appropriate approval authority.
• Prepares and analyzes spreads of a company’s financial statements to determine overall credit strengths and weakness of potential commercial credit customers. Analysis includes, but is not limited to debt-service ratio, current assets ratio, leverage ratios, cash flow analysis, fixed charge coverage and acid test ratio.
• Performs and completes a collateral analysis of all collateral assets including but not limited to accounts receivables, inventory, equipment and real estate. Analysis should include a credit classification of the company’s customer base, a detail credit profile of the company’s largest customers and delinquent accounts, aging analysis, delinquencies, collections and chargeoffs. Inventory analysis should include inventory in days and an examination of stale inventory, spoilage, depletion and inventory valuations. Equipment analysis should include a comparison of market value to book value and an assessment of net orderly liquidation values..
• Contacts the customer or customer’s representative to obtain additional information or explanation detail throughout the underwriting process while coordinating with the Lease Banker.
• Identifies and assesses various business, industry and market risks to determine and categorize business trends, growth, cyclical nature, seasonality, business cycle and stagesand apply findings to credit evaluation.
• Performs business sector analyses to evaluate the health and viability of a company based upon similar businesses and/or competitors.
• Evaluates the overall growth potential of company’s bases through the application of various economic theories.
• Orders underwriting items including, but not limited to audit, TLJ and UCC searches, appraisal, environmental, flood certification, and property inspections from both internal and external sources.
• Prepares loan files.
• Completes Special Projects as needed.

BankFinancial is an Equal Opportunity Employer (minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity)
Required Experience:

Education/Experience

• Bachelor's degree (B. S.) from four-year college or university, preferably in Finance or Accounting,
• At least 1 year related credit experience in banking, leasing or related industry
• Experience with municipal credits is a plus!