Senior Commercial Underwriter-Dealer Lending
Senior Commercial Underwriter-Dealer Lending
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Job Description
Overview
Who we are
Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the worlds most admired brands Toyota is growing and leading the future of mobility through innovative highquality solutions designed to enhance lives and delight those we serve. Were looking for talented team members who want to Dream. Do. Grow. with us.
An important part of the Toyota family is Toyota Financial Services (TFS) the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity it is an essential part of this worldchanging company delivering on Toyotas vision to move people beyond whats possible. At TFS you will help create bestinclass customer experience in an innovative collaborative environment.An important part of the Toyota family is Toyota Financial Services (TFS) the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity it is an essential part of this worldchanging company delivering on Toyotas vision to move people beyond what is possible. At TFS you will help create bestinclass customer experiences in an innovative collaborative environment.
To save time applying Toyota does not offer sponsorship of job applicants for employmentbased visas or any other work authorization for this position at this time.
Who were looking for
Toyota Financial Services/Mazda Financial ServicesDealer LendingDepartment is looking for a passionate and highly motivatedSenior Dealer Lending Analyst. This role is in Toyota Headquarter in Plano TX.
The primary responsibility of this role is to underwrite complex dealer credit packages for Toyota Lexus and Mazda dealers across the country. Typical loan package will range from $1 million $500 million for various credit facilities including syndicated/participated assetbased lending loans direct floorplan lines of credit real estate loans working capital loans and revolving lines of member will interface with field associates syndicated lead agent bank TFS/MFS legal and dealership personnel as needed. Credit assessment includes collateral position capacity condition and any recommendations to improve credit strength. Other responsibilities include reviewing Syndicated/Participated loan documentation assisting Dealer Lending Operations team with set up settlement transactions and reviewing Borrowing Base and Financial Statement and required financial covenants.
Reporting to the Dealer Lending Manager the person in this role will support the Toyota Financial Services/Mazda Financial Services Dealer Lending Departments objective to maintain and service its commercial lending portfolio of loans.
What youll be doing
Manage and perform financial analysis of syndicated/participated loan facilities: review available term sheets company prepared financial statements tax returns 10K/10Q and CPA reviewed/audited financial statements to determine the Borrowers liquidity leverage and capitalization.
Complete bank statement GL Trial Balance and tax return reconciliations to financial statements provided (if required).
Provide cash flow analyses (Debt Service Coverage Calculation and/or Fixed Charges Calculation).
Evaluate assess and determine the risk associated with all credit requests and provide the approval authority with appropriate information to support conclusions.
Review legal structure to determine proper conclusions related to ownership guaranties and collateralization. For multifranchise/corporation requests consolidate the information into a cohesive simplified version noting the interrelationships and potential problem areas.
Review includes Syndication/Participation term sheet and loan agreements buy/sell agreements LLCs partnerships and real estate related documentation.
Review Borrowing Base and Financial Covenants certificate. Consult with Field Legal and Risk for any noncompliant situation to determine the resolution.
Work with National Account Operations team to assist any unreconciled daily funding/payment activities including complex interest and fee calculation and past due.
Consult with TFS/MFS Legal to address any modification to documents or approvals.
Participate in TFS/Private Label Group internal projects relating to system enhancement and process improvements.
Prepare ad hoc reports per request from upper management and work with crossdepartmental teams.
Assist in the training and development of new and existing Team Members.
Complete peer reviews of outputs to ensure accuracy and completeness in addition to providing constructive feedback.
What you bring
Bachelors degree in Finance Accounting or related discipline (preferable)
Three or more years of experience in financial analysis of commercial loan documents including complex organizational structures cash flow analysis industrystandard financial ratios/covenants and establishing loan collateralization.
Experience presenting complex financial information and credit structure to a credit approval authority.
Experience reviewing financial information in conjunction with policies and procedures to identify key credit risks and deviations from operational standards in order to make suggestions to mitigate credit and operational risk.
Demonstrated proficiency using Crowe Navigator or similar financial analysis program.
Added bonus if you have
Three or more years of experience in financial analysis of syndicated/participation loans
Experience leading department projects and initiatives effectively and efficiently while managing workload of package underwriting.
Experience in underwriting expertise with automotive dealer borrowers.
What well bring
During your interview process our team can fill you in on all the details of our industryleading benefits and career development opportunities. A few highlights
include:
A work environment built on teamwork flexibility and respect
Professional growth and development programs to help advance your career as well as tuition reimbursement
Team Member Vehicle Purchase Discount
Toyota Team Member Lease Vehicle Program (if applicable)
Comprehensive health care and wellness plans for your entire family
Flexible work options based on business needs
Toyota 401(k) Savings Plan featuring a company match as well as an annual retirement contribution from Toyota regardless of whether you contribute
Paid holidays and paid time off
Referral services related to prenatal services adoption childcare schools and more
Tax Advantaged Accounts (Health SavingAccount Health Care FSA Dependent Care FSA)
Belonging at Toyota
Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10 different Business Partnering Groups across 100 different North American chapter locations that support team members efforts to dream do and grow without questioning that they belong.
Applicants for our positions are considered without regard to race ethnicity national origin sex sexual orientation gender identity or expression age disability religion military or veteran status or any other characteristics protected by law.
Have a question need assistance with your application or do you require any special accommodations Please send an email toRequired Experience:
Senior IC
Employment Type
Full-Time
