Sr. Mid-Ticket Credit Analyst

Job Description

NewLane Finance is a commercial equipment finance company serving small and mid-size businesses nationwide. Our mantra is Business Lending Done Right and our strategy is to revolutionize small business lending by employing the latest technology and a motivated workforce to deliver fair and transparent financing solutions to businesses with unmatched levels of speed convenience and customer service. Our products and services are offered to the business community primarily through financing programs with equipment manufacturers distributors and dealers. NewLane Finance is powered by a $24B financial organization.

NewLane Finance is seeking an experienced Middle Ticket Senior Credit Underwriter to join and lead a middle ticket credit team. The qualified candidate will be responsible for and have direct oversight of the day to day underwriting of all middle ticket transactions with sizes ranging from $100000 to $ role requires strong commercial credit underwriting skills financial statement analysis communication skills and the ability to structure transactions.

Our Values:

• Integrity
• Passion
• Teamwork
• Commitment to Excellence

Essential Duties and Responsibilities:

• Directly underwrite middle ticket transactions ($100000 to $1000000) in accordance with NewLanes Credit Policies and Procedures.
• Provide concise analysis of equipment finance requests by reviewing business financial statements including but not limited to income statements cash flow statements balance sheets tax returns personal financial statements and collateral appraisal reports (when available).
• Duties may include financial spread and analysis of business financial statements and tax returns to determine the applicants overall financial condition and their capacity to repay.
• Ensure transactions are underwritten according to NewLanes Credit policy and procedure standards.
• Review and decision transactions which are within delegated individual credit authority.
• When needed prepare and present credit approval summaries to members of Credit and Senior Management.
• Qualify and approve equipment dealers and collateral to be financed.
• Must understand abide and uphold NewLanes audit procedures and internal controls related to essential duties and responsibilities.
• Perform fraud checks and due diligence while underwriting and assessing new equipment finance requests.
• Daily responsibilities will require face-to-face interaction with Sales Credit and Senior Management.

General:

• Ability to work independently as well as collaboratively within a cross functional team.
• Proven ability to perform in a dynamic high volume transaction processing environment.
• Strong organizational skills and attention to detail.
• Excellent verbal and written communication skills.
• Candidate should be self-motivated and possess a desire to learn.
• Comply with audit and documentation policy and procedure requirements.
• Must understand abide and uphold audit procedures and internal controls related to essential duties and responsibilities.

Qualifications:

• Bachelors degree in finance Economics Accounting or related business fields required.
• 3 years of related experience required preferably within the small business financing or leasing industry.
• Experience underwriting middle ticket transactions ($100000 to $1000000)
• A strong understanding of business tax returns financial statements and business concepts.
• Excellent Microsoft Office Suite including Excel and computer literacy skills required.
• Good working knowledge of other functional departments (i.e. Sales Funding Servicing Collections etc.) and their interactions with the Credit department.
• Strong interpersonal skills and ability to leverage relationship building skills.
• Customer service focus and a professional approach to servicing B2B relationships

The successful candidate will receive competitive compensation excellent benefits including Health Dental Vision 401k) with match flexible spending Life Insurance Short Term and Long-Term Disability Insurance generous PTO and much more

NewLane Finance is shaping the future of business finance and were looking for talented committed individuals to join our company as we continue to grow our team. We work hard to find the best people invest in their professional development and encourage thinking outside the box. Ultimately it is our people which will create our successby helping our customers grow and succeed

NewLane Finance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity gender expression national origin age protected veteran or disabled status or genetic information.

NewLane Finance will not be able to provide Relocation or Sponsorship

Salary Range:

Individual base pay may vary on additional factors such as the candidates experience job-related skills relevant education geographic location and other specific business and organizational needs.

In addition to base salary WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package which includes medical dental and vision coverage; a 401(k) plan; life accident and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave military leave vacation and other paid time off sick leave in accordance with applicable state laws and paid holidays. Benefit offerings are subject to eligibility requirements legal limitations and may vary based on an Associates location and employment status. For more information about Associate benefits please visit Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation including technical assistance with the WSFS Bank Careers website or submission process please contact us via email at

WSFS is an equal opportunity employer. We do not discriminate based upon race religion color national origin gender (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression age status as a protected veteran status as an individual with a disability or other applicable legally protected characteristics.