At Pitney Bowes, we do the right thing, the right way. As a member of our team, you can too.

We have amazing people who are the driving force, the inspiration and foundation of our company. Our thriving culture can be broken down into four components: Client. Team. Win. Innovate.

We actively look for prospects who:

• Are passionate about client success.

• Enjoy collaborating with others.

• Strive to exceed expectations.

• Move boldly in the quest for superior and best in market solutions.

Job Description:

You are:

The PB Bank Risk Team will need a credit individual with 8-10 years’ experience in small to mid-size business products - equipment loans & leases, term loans, and revolving lines of credit. Preferably credit trained in commercial regional bank or financial institution underwriting both equipment finance and secured and unsecured working capital transactions.

You will:

• Exercise own credit authority up to a defined level and make recommendations on transactions above that authority.

• Review of financial statements and spreads, projections, cash flow worksheets, and calculation of debt service, liquidity and leverage ratios

• Document larger transactions in a well-organized narrative credit analysis including preparation of Credit Approval Memos for presentation at Committee

• Business and personal financial analysis, credit bureau reports, lien perfection, industry comparisons, and identifying risks and mitigants.

• Understand and challenge life-cycle collateral curves provided by Asset Management for various equipment types.

• Structuring transactions to mitigate risk and ensuring pricing is appropriate to balance risk and reward.

• Assign loan grades/ratings and regulatory risk classification.

• Work closely with Sales to identify and review new opportunities.

• Working with Operations and occasionally outside legal counsel to address contract modifications and amendments.

• Monitoring financial performance of existing accounts including line renewals.

• Covenant compliance tracking and testing.

• Structure workout scenarios and monitoring on problem accounts.

• Risk assessment of potential portfolio acquisitions and new business channels.

• Conduct client reviews and implement customer ratings & regulatory classification updates as required by credit policy.

• Reports to the Pitney Bowes Bank Chief Risk and Credit Officer

Your background:

• Proven judgment exercising individual underwriting discretion of up to $1MM

• 8-10 years’ experience relevant underwriting and credit experience in a similar role in a commercial regional bank or financial institution underwriting both equipment finance and working capital transactions

• Strong understanding of collateral analysis for various equipment segments, including but not limited to transportation, manufacturing, materials handling and construction

• Understanding of the relationship between pricing and risk

• Experience of lending to small and large businesses across a broad range of industries

• Well-developed written and verbal communication skills.

• Strong excel skills to include at least use of filters, pivot tables and lookups

• Ideally have experience using the TSYS platform

• Experience of monitoring covenant compliance on loans and/or revolving facilities.

• Proven ability to restructure problem accounts to maximize recovery potential.

• Strong knowledge of banking concepts and rules including regulatory risk classification of customers and PD/LGD.

• Bachelor’s degree and/or professional accounting qualification.

• Working knowledge of legal documentation.

• Working knowledge of industry standard credit rating tools and financial modeling.

Our Team:

At Pitney Bowes, our passionate and ambitious team delivers innovations that help clients navigate the complex and always evolving world of commerce: from helping them use data to market to the best customers, to enabling the sending of parcels and packages efficiently, to securing payments through statements and invoices. In everything, we do, we deliver accuracy and precision to drive meaningful impact.

Compensation:

The wage range for this position is $130,000 - $145,000 per year, with the actual pay dependent on your skills and experience as they relate to the job requirements.

Location:

This is a hybrid role, with 4 days in the Salt Lake City office required (M-Th). This hybrid status may change based on business need. (No relocation assistance offered.)

Sponsorship:

Must be legally authorized to work in the US. Employer will not sponsor position for employment visa status now or in the future (ex. H-1B)

We will:

• Provide the opportunity to grow and develop your career

• Offer an inclusive environment that encourages diverse perspectives and ideas

• Deliver challenging and unique opportunities to contribute to the success of a transforming organization

• Offer comprehensive benefits globally (PB Live Well (https://careers.pitneybowes.com/global/en/pb-live-well) )

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Women / Minorities / Veterans / LGBTQ+ / Individuals with Disabilities are encouraged to apply.

All interested individuals must apply online. Individuals with disabilities who cannot apply via our online application should refer to the alternate application options via our Individuals with Disabilities link. 

Pitney Bowes is an Equal Employment Opportunity/Affirmative Action Employer that values diversity and inclusiveness in the workplace.

Women/Men/Veterans/Individuals with Disabilities/LGBTQ are encouraged to apply.

All interested individuals must apply online. Individuals with disabilities who cannot apply via our online application should refer to the alternate application options via our Individuals with Disabilities link.