Available Positions

Credit Management

Vice President – Credit

Home-Office Based

Western Equipment Finance is committed to being the most operationally efficient and customer-driven equipment finance company in the industry. Our primary focus is providing highly efficient, flow-oriented financing programs to manufacturers, distributors, dealers and franchisors. Equally as important, we are committed to ensuring all customers experience Western Excellence when dealing with our organization.

Western Equipment Finance has been providing equipment financing and leasing solutions since 1990. As a subsidiary of Western State Bank (formed in 1901), the company is able to leverage financial strength, experienced leadership, and mid-western values towards helping partners and customers achieve success. Western is employee-owned, ensuring each team member is dedicated to providing a high level of customer service.

Western Equipment Finance is seeking an industry experienced individual to join our team as the Vice President, Credit. If interested, please apply on our website at WesternEquipmentFinance.com/careers/.

Job Information

Although Western Equipment Finance is located in Devils Lake, ND, this position has the opportunity to work remote.

The Vice President, Credit is responsible for ensuring the Credit Department adheres to credit policy and effectively monitors portfolio performance and assesses portfolio risk. This position is responsible for working with internal teams to assess the needs of our partners and the structure of proposed financing programs to ensure expectations and deliverables fall within acceptable risk parameters. This position is responsible for oversight of functions such as syndications, SBA transactions and newly created and/or emerging channels.

The Vice President, Credit leads a high performing team while maintaining the Western culture by creating a work environment that supports engagement, innovation, creativity, and teamwork, consistent with the organization’s vision, core values, and team guidelines.

Duties and responsibilities:

  • Monitor application volume, evaluate credit worthiness, and provide guidance and assistance to sales, credit, documentation, risk management, and collections. This includes exercising credit authority within preapproved limits, ensuring credit turnaround meets expectations while remaining within credit policy, reviewing credit exceptions on a periodic basis, and working with examiners and auditors.
  • Coach and mentor Credit Department, including establishment of department meetings and one-on-one meetings, setting of performance goals, monitoring progress, and coaching.
  • Building strong internal relationships to ensure strong understanding of what other departments and teams are committing to our customers to ensure competitiveness within the market while ensuring a conservative approach.
  • Other responsibilities and duties as needed or assigned.

Bachelor’s degree in Business Administration or Finance required with 10+ years of credit experience in the equipment finance industry and a minimum 5 years leading a team.

This is a full time position with benefits.

At Western State Bank, “what” you know is important, but not as important as how you relate to teammates and customers. Our environment is based on the principles of respect, curiosity, creativity, individual empowerment, and the ability to listen effectively and communicate openly. We also believe in continual learning, bias toward action, keeping commitments, and doing our absolute best every day. We believe that our ability to deliver on our promise of being Your Hometown Bank is a result of these high standards.

Western Equipment Finance is seeking an industry experienced individual to join our team as the Vice President, Credit. If interested, please apply on our website at WesternEquipmentFinance.com/careers/

Western Equipment Finance is an EEO and Affirmative Action Employer.

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