Credit Manager, Industrial
Date Posted: April 3, 2024
We will consider candidates near our Itasca IL office
If you would like to join a winning team that aspires to be innovative, and transformative we welcome you to apply. At Mitsubishi HC Capital America we aim to be the best in class. We are successful because we consistently exceed our customers’ needs, and we are a one stop shop for financing solutions. If you are a big picture thinker in the Industrial Leasing space of growth and opportunity, please apply to this role.
The Credit Manager is a high-level position within Commercial Finance. This position includes developing, managing, and leading the credit underwriting function for the Industrial vertical. The corresponding responsibilities will support the goals and initiatives outlined by senior executives within the company.
Duties Include:
- Manage the underwriting responsibilities to support the Industrial vertical.
- Proficient in the understanding and analysis of financial statements and tax return data
- Prior underwriting experience within the Industrial industry strongly preferred (machine tools, fabrication, printing, packaging, and woodworking equipment ideally)
- Recruit, train and mentor staff.
- Oversee the decision-making of transactions within an appropriate time frame.
- Maintain pricing discipline as outlined by Risk Management.
- Adjudicate transactions to present to credit committee for senior executive review.
- Present transactions, that exceed credit authority, to the Vice President – Credit for review.
- Communicate with “Clients” (sales, vendors, potential and existing customers) in a professional manner.
- Work across functions, with peers in other departments, for strategy development and execution planning.
- Communicate goals and company performance to your staff.
- Travel, when requested, to visit with Clients.
- Advocate to support initiatives outlined by senior executives.
- Initiate process improvements for underwriting
Qualifications:
- Strong financial statement underwriting skills.
- 7+ years commercial underwriting experience. 2+ years managerial experience a plus
- Bachelor’s Degree – Preferred fields of study are Finance or Accounting.
Candidates should apply directly on our career website and identify “Monitordaily” as the place where you discovered this job posting.