Asset-Based Lending Underwriter II

Description:

This position will be responsible for Underwriting new ABL transactions  while also working closely with Asset Based Lending (ABL) Originations, Portfolio Management, and Capital Markets.

 

Key Responsibilities:

•  Financial statement analysis and collateral evaluation, preparation of various projection scenarios, identification of key risks and mitigants, scrutinize business models, assess industry and market concerns and trends, and completion of risk rating and profitability models.
• Prepare and analyze cash flows and produce enterprise value analysis when necessary.
• Participate in due diligence calls and meetings, in person or online.
• Contribute to the preparation of deal screens and term sheets as needed by Originations.
• Negotiate legal documentation with counsel and prospect.
• Work with Portfolio Management to complete the closing process.
• Complete other related duties as assigned

Qualifications

• Experience of 2-4 years as an ABL or Commercial Credit  Underwriter or like position
• Strong communication skills, both verbal and written, with the ability to express ideas in an organized and articulate manner.
• Proactive, detail-oriented, and proven ability to work independently on multiple projects.
• Demonstrated problem-solving skills.
• Proficient in Microsoft Office software (Excel, PowerPoint, Word).
• Bachelor’s degree required

 

Schedule & Work Hours

Schedule:  Monday – Friday

Hours:  40

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Equal Employment and Opportunity Employer

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Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.