Funding Analyst - CLS

US-TX-Irving
Requisition ID
2017-30442
Employee Type
Full Time-Regular
Category
Commercial Lending / Wholesale Lending

Overview

The Funding Analyst - Commercial Lending Services is responsible for the documentation and funding of new commercial loans that include the following: floorplan, construction and permanent real estate loans, capital loans, revolving lines of credit, and equipment loans. Tasks include accurate reporting of findings, ensuring corporate compliance and risk management, as well as contact with dealership personnel and communication with internal/external stakeholders.

Responsibilities

JOB DUTIES:

  • Accurately prepare all necessary legal documents in accordance with credit approval and GMF policies and procedures.
  • Review uniform commercial code (UCC) filings and obtain necessary documents to perfect security interest in required collateral. May necessitate negotiations with banks or other creditors.
  • Works closely with legal counsel, cash management, inventory control, underwriting department and manufacturers to ensure timely and efficient documentation and funding.
  • Manage the day-today relationship with the borrower during the funding process
  • Perform other duties as assigned.      

REPORTING RELATIONSHIP

Reports to: Funding Manager - CLS

Qualifications

Knowledge:

  • Working knowledge of UCCs and lending regulations required.
  • Working knowledge of commercial real estate credit practices preferred.
  • Understanding of commercial insurance products preferred.
  • Knowledge and understanding of automotive dealership operations preferred
  • Proficient in intermediate MS Word and Excel applications 

Skills:

  • Basic financial analysis and analytic/problem solving skills required.
  • Ability to sell the benefits of GMF plans, programs and legal documents to potential borrowers.
  • Ability to negotiate terms with other lenders and potential borrowers
  • High level of written and verbal communication skills
  • Detail oriented.
  • Ability to adapt to change quickly

Experience:

  • Two or more years of directly related experience in commercial loans preferred.
  • Two or more years of experience in automotive lending environment preferred.
  • Bachelor’s Degree in Accounting, Finance or related field preferred.    

WORKING CONDITIONS

  • High energy and fast-paced office subject to stressful conditions
  • Some travel may be required.
  • Work schedule may include some nights, weekends, or holidays.

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