Senior Credit Analyst - Equipment Leasing Underwriter - Remote
About the position
Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.
Purpose of Job: The Senior Credit Analyst- Equipment Leasing Underwriter will be responsible for assisting in the review and underwriting of equipment lease requests to help the bank build, maintain, and accurately risk grade its solid credit portfolio. This will involve working closely with the leasing underwriter, leasing relationship manager, credit administration, credit operations, and other credit personnel. Senior Credit Analysts assist in the recommendation phase of new loan requests and annual reviews.
You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Responsibilities
• Analyze new equipment lease requests and perform periodic reviews on existing equipment leases
• Conduct analysis of financial statements and assess overall credit risk of new and existing loans and leases
• Take lead role in presenting analysis, findings, and recommendations to Portfolio Managers, Underwriters, and other members of the Credit team
• Assist in the creation of credit underwriting memos which analyze the credit request, the borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with applicable regulations and policies
• Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function
• Assess and recommend risk ratings for underwritten leases
• Assist with portfolio management and monitoring
• Develop and maintain positive relationships with internal and external clients
• Assist with training and mentoring of other analysts
• Assist with special projects and complete other duties as assigned
Requirements
• Bachelor’s degree in Finance, Accounting, Economics, or Business from an accredited institution
• 2+ years of experience analyzing business tax returns and financial audits using generally accepted accounting principles (GAAP)
• 2+ years of experience analyzing business and personal financial statements associated with lease requests
• 2+ years of experience underwriting equipment leases
Nice-to-haves
• Advanced degree in a business-related field from an accredited institution (MBA, MRED, MSF, MACC, etc.)
• Completion of a formal commercial credit training program
• Experience making or recommending credit decisions on transactions > $3 million
• Experience reviewing equipment lease documents
• Experience working in a credit or lending role with a commercial bank
• Healthcare industry experience
• Experience working out problem equipment leases. We don’t have many, but the experience makes better lenders
• All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy
Benefits
• In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).
• No matter where or when you begin a career with us, you’ll find a far-reaching choice of benefits and incentives.
Apply Now
Apply Now
Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.
Purpose of Job: The Senior Credit Analyst- Equipment Leasing Underwriter will be responsible for assisting in the review and underwriting of equipment lease requests to help the bank build, maintain, and accurately risk grade its solid credit portfolio. This will involve working closely with the leasing underwriter, leasing relationship manager, credit administration, credit operations, and other credit personnel. Senior Credit Analysts assist in the recommendation phase of new loan requests and annual reviews.
You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Responsibilities
• Analyze new equipment lease requests and perform periodic reviews on existing equipment leases
• Conduct analysis of financial statements and assess overall credit risk of new and existing loans and leases
• Take lead role in presenting analysis, findings, and recommendations to Portfolio Managers, Underwriters, and other members of the Credit team
• Assist in the creation of credit underwriting memos which analyze the credit request, the borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with applicable regulations and policies
• Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function
• Assess and recommend risk ratings for underwritten leases
• Assist with portfolio management and monitoring
• Develop and maintain positive relationships with internal and external clients
• Assist with training and mentoring of other analysts
• Assist with special projects and complete other duties as assigned
Requirements
• Bachelor’s degree in Finance, Accounting, Economics, or Business from an accredited institution
• 2+ years of experience analyzing business tax returns and financial audits using generally accepted accounting principles (GAAP)
• 2+ years of experience analyzing business and personal financial statements associated with lease requests
• 2+ years of experience underwriting equipment leases
Nice-to-haves
• Advanced degree in a business-related field from an accredited institution (MBA, MRED, MSF, MACC, etc.)
• Completion of a formal commercial credit training program
• Experience making or recommending credit decisions on transactions > $3 million
• Experience reviewing equipment lease documents
• Experience working in a credit or lending role with a commercial bank
• Healthcare industry experience
• Experience working out problem equipment leases. We don’t have many, but the experience makes better lenders
• All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy
Benefits
• In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).
• No matter where or when you begin a career with us, you’ll find a far-reaching choice of benefits and incentives.
Apply Now
Apply Now