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Mitsubishi HC Capital America, Inc. · 3 days ago

AVP, Credit Officer

Norwalk, CT

Full-time

Onsite

Mid, Senior Level

$123K/yr - $147K/yr

5+ years exp

Mitsubishi HC Capital America, Inc. is seeking an AVP, Credit Officer to review, underwrite, and process new transactions in Specialty Finance, focusing on franchise finance. The role involves developing expertise in various segments, assisting in training junior credit officers, and maintaining internal control systems.

CommercialFinanceFinancial ServicesLending

Responsibilities

Have a clear understanding of MHCA’s credit policies and operational procedures

Perform in-depth underwriting and financial evaluation of new business transactions within franchise finance

Actively maintain and expand expertise in that segment, including the sub-segments of the market relevant to MHCA. In addition, position holder is expected, over time, to develop a knowledge base in and support the origination efforts in one or more additional segments within Specialty Finance, such as asset-based lending, project finance, private credit, large-ticket equipment leasing, or trade finance

Prepare and present, together with the Senior Credit Officer/VP, the initial prescreen memo to senior sales and credit staff, including financial analysis, and address credit concerns in collaboration with sales/origination staff

Prepare the comprehensive underwriting memorandum, including the industry analysis, structural analysis and financial analysis including past financial performance and financial projections with sensitivity analysis, as well as documentation of compliance with underwriting guidelines and preparation of the obligor rating

Decide on transactions in line with position holder’s delegated credit authority (if business segment has delegated local authority)

If transactions exceed delegated credit authority, make recommendation to the VP Senior Credit Officer, SVP - Chief Credit Officer – Specialty Finance, EVP – Chief Credit Officer, and other senior management regarding transactions for approval under local delegation, or for their recommendation for approval by International Credit Division of MHC/Tokyo. Presentation to local Credit Committee as required

Coordinate with third party resources as part of the due diligence and documentation processes including field auditors, appraisers, and external legal counsel

Coordinate with sales and credit to onboard new clients (including establishing initial funding and operating procedures) and determine appropriate reporting requirements

Manage the transaction documentation and closing process, including finalization of deal terms and coordination with internal/external legal counsel, sales, and operations teams; ensure that actual terms and conditions reflect credit approval

Liaise with the Portfolio Management Team in monitoring client financial conditions and identifying any adverse trends to senior credit management

Assist portfolio managers in reviewing credit amendment requests or processing Annual Reviews for existing clients

Manage Salesforce records and information files for pipeline transactions

Qualification

Credit evaluationFinancial analysisUnderwriting practicesFinancial modelingSalesforce managementCommunication skillsTeam playerCritical thinkingTime managementDetail-oriented