Commercial Credit Analyst - Underwriting

US-TX-Irving
Requisition ID
2017-30493
Employee Type
Full Time-Regular
Category
Commercial Lending / Wholesale Lending

Overview

The Commercial Credit Analyst -Underwriting completes financial analysis for floorplan acquisitions, loan proposals and renewals/modifications of existing credit lines. This includes analysis of automotive dealerships’ financial statements, accurate reporting of findings, ensuring corporate compliance and risk management, as well as contact with dealership personnel and communication with internal/external stakeholders. Provides appropriate recommendations and supporting documentation to mitigate risk.  

Responsibilities

JOB DUTIES

  • Accurately analyze financial statements of automotive dealerships and affiliates including fixed charge coverage ratio, bank reconciliations, assigning accurate risk ratings and provide appropriate recommendations to mitigate risk.
  • Interfacing with customers and internal/external stakeholders to obtain data to complete analysis.
  • Prepare accurate and concise proposals/modifications for management approval.
  • Perform other duties as assigned.      

REPORTING RELATIONSHIP

  • Reports to Manager Commercial Credit - Underwriting

Qualifications

Knowledge

  • Basic knowledge and understanding of accounting principles required.
  • Thorough understanding of automotive dealership operations preferred.  
  • Proficient in intermediate MS Word and Excel applications.    

Skills

  • Strong financial analytical skills required, including cash flow analysis, fixed charge coverage ratio and bank statement reconciliations.
  • Independent decision making/problem solving skills required.      
  • Strong written and oral communication skills required.  
  • Detail oriented.
  • Ability to adapt to change quickly, productively manage daily workflow and organize tasks to meet tight deadlines.

 Experience

  • Two or more years of directly related experience in financial analysis preferred.
  • Experience in automotive dealership commercial 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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