As a Credit Analyst at Huntington, your main responsibilities will include reviewing and analyzing financial transactions, applications, and credit reports. You'll be engaging in financial statement analysis, preparing credit write-ups, and conducting ratio and trend analyses to determine the creditworthiness of customers. Additionally, you'll assist in following up on annual financial statements from borrowers and complete communication of decisions once approved by management.

To qualify for the Credit Analyst position at Huntington, you need a bachelor's degree in Finance, Accounting, Business, or a related field. While one year of credit underwriting experience is preferred, relevant internships or a demonstrated understanding of financial analysis techniques will also be beneficial. Strong communication and technical skills are essential for success in this role.

To demonstrate your detail-oriented nature for the Credit Analyst role at Huntington, you can showcase experiences where you've successfully completed complex analyses or where precision in financial reporting was crucial. This can include highlighting your coursework, internships, or any projects that required meticulous attention to detail and accuracy in recommendations or reporting.

Absolutely! At Huntington, the Credit Analyst - Inventory Finance role is designed as an entry point with ample opportunities for career advancement. By developing your skills in credit analysis and successfully fulfilling your responsibilities, you can progress within the credit department or explore other areas in the company as you develop professionally.

The work environment for a Credit Analyst at Huntington is dynamic and collaborative. You will enjoy the balance of in-office work while having opportunities for flexible arrangements, allowing you to work from home when needed. This setup maintains strong communication and community within teams, encouraging your best performance while you develop essential relationships in the credit field.

When analyzing a financial statement, I first focus on understanding the key components, including income statements, balance sheets, and cash flow statements. I assess profitability, liquidity, and solvency metrics to gauge the overall financial health of a company. Additionally, I look for trends over multiple reporting periods to spot changes that could indicate risk or opportunity.

In credit analysis, some key ratios I consider important include the debt-to-equity ratio, current ratio, and return on equity. The debt-to-equity ratio helps assess leverage, while the current ratio indicates liquidity. Return on equity evaluates how effectively a company uses shareholder equity to generate profit, providing insight into financial efficiency and stability.

I make it a point to regularly read industry publications, join financial forums, and attend webinars or training sessions on credit analysis and regulations. Staying connected with professional organizations also helps me keep up with changes in financial legislation and best practices.

While I may not have extensive direct experience in credit underwriting, I completed relevant internships where I gained hands-on experience in financial analysis, understanding credit policies, and how to prepare credit write-ups. This foundational knowledge equips me with a solid starting point to excel in the role.

In my last internship, I faced a challenging decision regarding the approval of credit for a customer with mixed financial signals. I conducted further analysis, consulted with my supervisors, and ultimately decided to recommend a limited credit line with strict monitoring conditions. This balanced approach mitigated risk while allowing the customer to access necessary financing.

When faced with multiple deadlines, I prioritize tasks by assessing their urgency and importance. I utilize tools like to-do lists and calendar reminders to track my progress and ensure timely completion. I also communicate with my team to manage expectations and seek assistance if needed to stay on track.

Creditworthiness refers to an individual's or organization's ability to repay borrowed money, assessed through factors like credit history, income, existing debt levels, and financial stability. In my role at Huntington, evaluating creditworthiness is crucial for making informed decisions about extending financing to customers.

During my internship, I noticed that the process for analyzing financial statements was taking longer than necessary. I suggested implementing a standardized template for financial analysis that included essential ratios and metrics. This streamlined the process and allowed the team to focus more on results and insights rather than repetitive data entry.

I admire Huntington's commitment to community and customer service, values that align with my own beliefs. Additionally, I see this role as an incredible opportunity to learn from experienced professionals and develop my skills in a supportive environment where I can contribute meaningfully.

I have experience using Excel for financial modeling, analysis, and reporting. I am also familiar with financial analysis tools like Moody’s Analytics and credit reporting platforms that provide actionable insights. I am eager to expand my knowledge of any specific software Huntington utilizes for credit analysis.