Automotive Commercial Underwriter

Stellantis Financial Services (SFS) is the new captive finance company for one of the worlds leading automakers and a mobility provider with iconic brands including Abarth Alfa Romeo Chrysler Citron Dodge DS Automobiles Fiat Jeep Lancia Maserati Opel Peugeot Ram Vauxhall Free2move and Leasys.

Our exciting growth provides opportunities to advance your career as we successfully lead products and services from a small to midsize company in just a few years. Join our world class team and culture and contribute to our core mission which is enhancing our customers experience.

Position Summary:

The Automotive Commercial Underwriter is responsible for completing financial analysis for floorplan acquisitions and other associated commercial lending including real estate. Responsible for facts of commercial credit packages including clear communication of risks and any recommended mitigation strategies consulting with SFS Legal to protect SFS interests maintenance of UCC filings and review of loan documentation prior to funding.

Essential Duties and Responsibilities:

• Underwriting commercial loan requests by analyzing the financial condition of the dealerships via financial statements tax returns CPA statements general ledgers trial balances account schedules bank statements or any other necessary documentation.
• Ensure appropriate security (guarantees collateralization) are recommended per both the risk profile and ownership structure of the dealership.
• Direct package decisioning to the appropriate authority level per SFS policy.
• Present communicate package details as required by that authority level including recommendation.
• Own UCC filing process ensuring legal security matches that defined in the credit package.
• Timely and clear communication with key stakeholders through the underwriting process.
• Obtain answers to any questions re: the financials line amounts loan structure or any other relevant facets of the loan.
• Maintain customer focus throughout the underwriting process; no shortcuts and beware of timing and relevance of requests of dealers to the final product.
• Final review of loan documentation and take-over audit prior to loan funding.
• Conduct periodic account reviews and maintenance.
• Perform other ad hoc duties as assigned.

Qualifications and Competencies Required To perform this job successfully an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Required Experience:

• Minimum 5 years experience in automotive financial services.
• Minimum 2 years automotive commercial underwriting experience.

Education:

• Bachelors degree in Business Administration Finance or a related.

Skills Required:

• Excellent understanding of dealership entity legal ownership structure and clear concise explanation of those structures.
• Strong knowledge of cash flow analysis and pro forma forecasting and scaling.
• Strong written and oral communication problem-solving critical thinking teamwork and time management abilities.
• Good interpersonal and customer service skills.
• Proficient Microsoft Office skills in Excel Word and PowerPoint.

Overtime required N/A

Travel 0-10% - as required on an as needed basis.

Must have reliable transportation and live within a commutable distance to one of the following cities: Dallas TX

Qualifications Preferred:

• Experience - Commercial risk management and/or commercial lending. Extensive experience interacting with dealers.
• Skills - Knowledge of web-based tools such as DataScan Docusign Salesforce credit reporting OFAC and customer due diligence products.

Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job the employee is regularly required to sit; use hands to finger handle or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stand; walk and stoop kneel crouch or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

Work Schedule This position requires the ability to work various shifts to accommodate business needs. Typically between the hours of 8AM-6PM Monday through Friday and on weekends as needed. Travel is required 10% of the time.

Stellantis Financial Services Inc (SFS) is an equal opportunity employer and is committed to providing its employees an environment that is free of harassment discrimination and intimidation. It is the policy of SFS to comply with all applicable employment laws and regulations and to provide equal opportunity for all qualified persons and to not discriminate against any employee or applicant for employment because of race color religion sex age national origin disability pregnancy sexual orientation veteran status gender identity or expression change of sex and/or transgender status or any protected status. Candidates must possess authorization to work in the United States. This policy applies to recruitment and placement promotion training transfer retention rate of pay and all other terms and conditions of employment. Employment and promotion decisions will be based solely on merit ability achievement experience conduct and other legitimate business reasons.

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