- San Diego, California, United States
- $80K–$100K per year
- 3–5 years
Analyze and evaluate marine loan applications to determine creditworthiness and eligibility for financing.
Compensation
$80,000/Yr. - $100,000/Yr. Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.
Responsibilities
- Review and underwrite marine and yacht loan applications for initial approval, conditional approval, and final clear-to-close decisions.
- Analyze personal and business tax returns, financial statements, cash flow, liquidity, and global debt obligations to assess borrowers' ability to repay.
- Evaluate complex borrower structures, including self-employed individuals, business owners, trusts, and high-net-worth clients.
- Review vessel information, collateral valuations, loan-to-value ratios, insurance requirements, and other marine-specific risk factors.
- Conduct thorough credit analysis utilizing credit reports, income documentation, asset verification, and debt-to-income calculations.
Requirements
- High School Diploma required
- Bachelor's Degree in Finance, Business, Accounting, or related field preferred
- Nice to have: familiarity with marine or yacht lending