Christopher Norrito joined Hitachi Capital America as a director of Structured Credit and Operations. He will report to Jim Giaimo, vice president and chief credit officer, Commercial Finance.

Norrito will be responsible for reviewing, underwriting and processing new asset-based lending, enterprise value and corporate finance transactions in the range of $250,000 to $25 million. He will also assist in formulating and strengthening credit procedures and implementing additional underwriting and portfolio management policies.

“Chris has an extensive and notable career as a high-ranking credit executive,” Giaimo commented. “We’re confident in his abilities to maintain a strong and balanced credit structure. His in-depth experience in underwriting and financial evaluations will be a great asset as we continue positioning the company for ongoing growth.”

Norrito brings more than 30 years of financial expertise in credit and risk analysis, portfolio management, collateral/asset valuation, loan structuring, and documentation, including work in asset-based lending, DIP financing, workouts, syndications, and more. Prior to joining Hitachi Capital America, he held positions of increasing responsibility at Transamerica Business Capital and Keltic Financial Services. He most recently worked at HVB Capital Credit and EverBank.