What are the responsibilities and job description for the Junior Credit Analyst position at LaundryLux?
Job Summary:
The LaundryLux Jr. Credit Analyst supports the assessment of potential borrowers' creditworthiness and lending risks by analyzing financial statements, credit reports, and other relevant data. This role aims to provide detailed assessments for informed funding decisions and deliver superior customer service.
Key Responsibilities:
- Collect and analyze financial data to inform lending decisions.
- Assist in reviewing, analyzing, and interpreting financial information.
- Support loan applications and collaborate with team members to communicate findings.
- Research process improvement opportunities and make recommendations.
- Reconcile customer statements and ensure collateral perfection.
- Review loan packages for accuracy and completeness.
- Prepare loan modification, renewal, and extension documents.
- Collect and analyze financial data to support lending decisions.
- Enter applications into proprietary software.
- Request and review insurance certificates.
- Perform other duties as assigned.
Required Skills and Abilities:
- Understanding of loan documentation principles.
- Effective time management and prioritization.
- Familiarity with leasing software.
- Proficiency in Microsoft Word and Excel.
- Strong analytical and critical thinking skills.
- Attention to detail and accuracy.
- Excellent written and oral communication skills.
- Confidence in handling phone calls.
- Able to learn quickly and adapt to new situations.
Education and Experience:
- Bachelor's degree in finance or related field required.
- 0-2 years of experience in equipment financing.
- 0-2 years of experience in credit analysis, financial analysis, or related field expected.
