Job Summary

The Equipment Finance Credit Underwriter / Workout Specialist assists bank management in maintaining the quality of the Equipment Finance loan portfolio through the objective analysis of existing and potential customer relationships. This position will underwrite Equipment Finance relationships of varying complexity and provide a thorough analysis and risk assessment to determine the risk grade of these businesses, their ultimate repayment ability, and the long-term viability of these businesses. The incumbent will also perform certain administrative asset management functions including review and assistance in collection of past due accounts over 45 days, coordinating judgement and other activities with assigned attorneys, and providing periodic portfolio reviews and reports to track and manage residual exposure and ensure compliance with FASB13 and external audit requirements.

Key Responsibilities / Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Work closely with the Equipment Finance Regional Sales Managers in support of the division’s loan growth objectives while prudently assessing credit risk and structuring loans in accordance with policy.
• Underwrite credit packages for non-complex new money.
• Manage a portfolio of existing client relationships that will increase in size over time.
• Complete annual reviews; review monthly borrowing bases and covenant calculations; monitor changes in the borrower's industry and operating performance; and identify changes in the borrower's credit risk profile.
• Assess credit requests to determine if they meet the bank’s risk tolerance appetite and/or need to be structured differently than what is proposed.
• Assist in certain Equipment Finance Collection and Loss Mitigation functions, including working with assigned attorneys to assist in the execution of loss mitigation strategies, and assisting in the coordinating of liquidation and sale of equipment.
• Maintain confidentiality and security of sensitive information.
• Adhere to all corporate policies and procedures, Federal and State regulations, and laws.
• Complete all mandatory annual compliance training.
• Follow regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection, and determent of money laundering and other unlawful activities, as well as regulations pertaining to lending and consumer compliance to include fair lending laws.
• Perform other duties and special projects as assigned.

Job Requirements:

Education:

• Bachelor’s degree in finance, Business Administration, Operations Management, or combination of relevant educations and related experience.

Required:

• 3+ years of commercial credit (C&I) and/or equipment finance underwriting.
• Able to leverage technology effectively within the underwriting and approval process.
• Understands and embraces the core values of HomeTrust Bank.
• Ability to understand and use bank loan policies and procedures to support positive customer interactions.
• Possess good personal, verbal, and written communication skills, plus organizational capability.
• Ability to resolve problems in a positive way.
• Ability to successfully manage and mitigate conflict with minimum noise.
• Able to handle confidential information with the utmost of discretion.
• Technically savvy and task oriented.
• Possess a high standard of personal accountability in meeting assigned objectives.
• Ability to think and act independently within guidelines and limitations of bank policy and assigned personal authority.
• Ability to quickly assess, recommend and package for approval in a high-volume environment all app-only applications, typically credit requests of $350,000 and less.
• Proficient in Microsoft Office products.

Preferred:

• 3+ years of equipment finance and leasing experience.
• Experience with various leasing systems such as ASPIRE.

About HomeTrust Bank

HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online/mobile channels and multiple locations in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. Learn more at www.htb.com. Apply today to take your first steps towards joining this talented population of employees within a growing organization.

Work Environment, Physical Requirements

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. HomeTrust Bank promotes an equal employment opportunity workplace which includes reasonable accommodation of qualified applicants and employees.

• This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• Physical activity requiring reaching, sifting, lifting to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.
• The employee will frequently communicate and must be able to exchange accurate information with others.
• The employee may need to move around their office to attend meetings and to access files, machinery, or other job-related tools.

DISCLAIMER: HomeTrust Bank is an evolving company. As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

HomeTrust Bank's policy is to provide equal employment opportunities to all persons regardless of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by federal law. Employment decisions will be based on valid job requirements and business needs, and we administer personnel actions (including recruitment, selection, promotion, compensation, benefits, transfers, layoffs, training, and social/recreation programs) without any discrimination on any prohibited basis.