Senior Commercial Credit Underwriter – Dealer Finance

Overview

This role is responsible for managing credit risk and underwriting a portfolio of complex multi-dealer groups for automotive dealer finance. The position evaluates dealer financial statements and cash flow, assesses financing requests within the organization’s credit culture, and ensures loans comply with underwriting standards and applicable bank regulations.

Responsibilities

• Independently underwrite and prepare accurate and concise proposals or modifications.
• Manage annual renewals and/or new business loan requests with urgency while handling multiple proposals simultaneously.
• Lead the complete end-to-end underwriting process to ensure timely and efficient processing of annual renewals, modifications, and new business opportunities.
• Receive and review incoming loan application requests and supporting documentation delivered through managed electronic lending portals, queues, or other receipt methods.
• Analyze dealership financial statements, including balance sheets, income statements, and cash flow, as well as corporate tax returns to determine borrowers’ financial position.
• Evaluate borrower financials, corporate structure and history, and loan collateral.
• Analyze collateral, credit, and loan risk; monitor portfolio performance and review up-to-date financials.
• Interface with customers and internal line of business partners to obtain data required for analysis.
• Review loan inquiries and respond to client requests.
• Review and manage past-due and coming-due loan reports.
• Apply line-of-business policies and guidelines appropriately.
• Review loan documents.
• Review credit memos prepared by junior staff before submission to department managers and senior management.
• Ensure underwriting outputs support safe and sound loan decisions in an expedient manner.

Requirements

• Bachelor’s degree in Finance, Accounting, Management, Economics, or a related field, or equivalent work experience – Required.
• 9+ years of experience in accounting, financial analysis, credit structuring, and commercial dealership credit underwriting – Required.
• Experience evaluating credit risk, loan collateral, borrower financials, and lending requests within a commercial banking environment – Required.
• Experience managing multiple priorities and complex files simultaneously in a fast-paced, team-oriented environment – Required.
• Experience preparing reports, proposals, or credit findings with a high level of accuracy and attention to detail – Required.

Skills

• Financial statement analysis, including balance sheets, income statements, cash flow statements, and corporate tax returns.
• Credit analysis, loan structuring, underwriting, and portfolio monitoring.
• Proficiency in Microsoft Office 365 products, including Excel, PowerPoint, Word, Teams, and Outlook.
• Loan documentation review and report preparation.
• Analytical thinking and sound decision-making.
• Strong written and verbal communication skills.
• Detail orientation and accuracy.
• Ability to manage multiple priorities and meet deadlines.
• Customer service orientation and professional stakeholder engagement.
• Initiative, adaptability, and a collaborative, team-first mindset.
• Ability to mentor less experienced team members and contribute positively to the team.

Preferred Qualifications

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Work Authorization & Sponsorship

Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

Compensation & Benefits

• Base pay range (annualized): $86,250.00 USD to $145,000.00 USD.
• Compensation may vary based on skills, experience, training, licensure and certifications, and location.
• Benefits are provided as part of a competitive rewards package.

Location

United States of America

Working Conditions

• Frequent minimal physical effort such as sitting, standing, and walking.
• Depending on location, occasional moving and lifting of light equipment and/or furniture may be required.

Risk & Equal Opportunity

• A strong risk culture is expected, with proactive and responsible risk management at all levels.
• Equal opportunity employer; all qualified applicants receive consideration without regard to protected characteristics.

Additional Information

• This job description does not list all duties. Other duties may be assigned.
• This job description may be revised at any time and is not a contract for employment. Either the employer or you may terminate employment at any time for any reason.