Sr. Mid-Ticket Credit Analyst

Location: Philadelphia, PA, United States

Salary: $64,491.00–$105,949.50 per year

Company

NewLane Finance is a commercial equipment finance company serving small and mid-size businesses nationwide and powered by WSFS, a $24 billion financial organization.

What you will do

• Underwrite middle-ticket equipment finance transactions ranging from $100,000 to $1,000,000 in accordance with credit policies and procedures.
• Analyze income statements, cash flow statements, balance sheets, tax returns, personal financial statements, and collateral appraisal reports.
• Assess applicants’ financial condition and repayment capacity, structure transactions, and make decisions within delegated credit authority.
• Qualify and approve equipment dealers and collateral to be financed while performing fraud checks and due diligence.
• Prepare and present credit approval summaries to Credit and Senior Management when required.
• Collaborate daily with Sales, Credit, Senior Management, Funding, Servicing, and Collections.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, or a related business field.
• At least 3 years of related experience, preferably in small business financing or leasing.
• Experience underwriting middle-ticket transactions from $100,000 to $1,000,000.
• Strong understanding of business tax returns, financial statements, and business concepts.
• Advanced Microsoft Office and Excel skills, strong communication and organizational abilities, and attention to detail.
• Ability to work independently and collaboratively in a dynamic, high-volume transaction-processing environment.

Culture & Benefits

• Values include integrity, passion, teamwork, and commitment to excellence.
• Health, dental, and vision insurance.
• 401(k) plan with company match, flexible spending accounts, and health savings accounts.
• Life, accident, short-term and long-term disability insurance.
• Generous paid time off, paid holidays, and additional leave programs subject to eligibility and applicable laws.
• Professional development support and an environment that encourages independent thinking.

Hiring process

• Credit, Senior Management, and cross-functional interactions are part of the role’s evaluation and approval work.
• Relocation assistance and visa sponsorship are not provided.