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Joint Venture Credit Analyst

Job Overview
Job Order:JO00020578
Date Posted:May 26
Salary:N/A
Category:1 - Accounting & Finance
Metro Area:

Joint Venture Credit Analyst – 2 years’ experience

Venteon Finance is currently seeking a Joint Venture (Credit) Analyst for a publicly traded financial services company located in Troy. The ideal candidate will be a critical contributor to the company’s overall financial success.

As a Joint Venture Analyst you will support the Joint Venture Department on all aspects of JV Partner and underlying client relationships, which will result in an acceptable level of credit risk and an appropriate risk return relationship. The JV Analyst will play an integral part in the booking of new loans, leases or other lending products into the JV’s, managing/monitoring existing JV’s, assist in developing strategies for problem loans/leases, and assist with due diligence on new JV opportunities.

Requirements of the Joint Venture (Credit) Analyst

  • Bachelor’s degree is preferred with a concentration in accounting or finance.
  • Minimum 2-4 years of secured lending experience, with demonstrated strong credit management skills.
  • Knowledge of secured lending with a focus on both Asset Based Lending and Factoring.
  • In addition to lending experience indicated above, an Asset-Based field examination background is preferred.
  • Good written and verbal communication skills.
  • Ability to “think outside the box” and present structured solutions to complicated problems.
  • A “high energy” individual with the ability to multi-task, prioritize, and work independently.

Benefits of the Joint Venture (Credit) Analyst

  • Excellent Medical Plan
  • Dental & Vision Insurance
  • Life Insurance
  • Short & Long Term Disability
  • Vacation Time
  • Paid Holidays
  • Professional Development
  • Retirement Plan

Responsibilities of the Joint Venture (Credit) Analyst

  • Support the Director of Corporate Joint Ventures, Account Executive and other within the JV Group on the entire spectrum of the Bank’s JV and Alternative Energy lending products in a timely and efficient manner.
  • The JV Analyst will play an integral part in the booking of new loans, leases or other lending products into the JV’s, managing/monitoring existing JV’s and Alternative Energy relationships, assist in developing strategies for problem loans/leases, and assist with due diligence on new JV opportunities.
  • Review new collateral assignments to ensure all information is accurate and meets JV requirements.
  • Work with accounting and/or operations to fund new JV transactions.
  • Monitor JV client performance and Risk Ratings on a routine basis to provide feedback/recommendations to JV Group and assist in developing exit strategies for the workout JV clients.
  • Review and provide feedback on JV financial operating performance.
  • Review month-end reporting for all JV’s and prepare the necessary reports for Crestmark accounting.
  • Prepare monthly watch credit reporting, Adverse Asset Reports, and Risk Rating summaries for the JV’s.
  • Assist in the underwriting of prospective alternative energy transactions, reviewing appraisals, cost certifications, and independent engineering reports.
  • Monitoring the Bank’s alternative energy portfolio to ensure solar projects and fuel cells are performing as expected and underwriting requirements are being met.
  • Coordinate, schedule, and review field exams at all JV Partners

If you are a high performer and would like to work for an equally high performing company and you think the above opportunity is appropriate for you, we invite you to apply to this job and email your resume in Word format to jhager@venteon.us.com.

We treat all resumes with strict confidentiality. We will always contact you first before submitting your resume to our client(s) for review. If you do not receive correspondence, you are not a fit for this position.

At Venteon our talent acquisition team is proud to provide our clients with the most qualified Accounting & Finance, Engineering, IT and Administrative talent in the industry today.

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