Compensation
$20.00 - $24.00 an hour
Monthly Bonuses
Uncapped bonuses, averaging $2,000 monthly
Summary
The Credit Analyst will underwrite, and review submitted files to analyze for Ability, Stability, Credit Willingness and Deal Structure, including ensuring that loan requests meet program and product specifications or counteroffer to a different product and/or program when appropriate.
Essential Duties and Responsibilities
- Assist with renegotiation of loans based on lending guidelines.
- Interact daily with automotive dealerships and gather information needed to make appropriate credit decisions with the ability to explain the rationale behind credit decisions made to dealerships and Area Managers if needed.
- Review, analyze and underwrite complex auto loans within company guidelines.
- Review and decision up to 50 applications on a daily basis with the goal of same day turnaround time.
- Review credit reports, applicable debt ratios and loan-to-value ratios in order to make credit decisions that mitigate future risk for the company.
- Effective communication with dealership body to build strong relationships.
- Build strong working relationships with the Sales/Marketing Team, Funders and Dealership Body.
- Perform other duties as assigned.
Qualifications
- Knowledge of Consumer Auto Finance and/or underwriting experience highly preferred but not required.
- Proven ability to perform credit risk analysis.
- Strong analytical, organizational and time management skills.
- Strong oral, written and presentation skills.
- Excellent analytical and decision making skills.
- Strong verbal and written communication skills.
- Demonstrated ability to develop business relationships with Customers (our Dealers), Sales/Marketing Team Members as well as Peers.
- Strong negotiation skills.
- Strong desire to achieve and succeed.
Education/Experience
Bachelor’s degree in Finance or related field preferred; equivalent combination of education and experience may be substituted in lieu of degree.
Language Ability
Ability to clearly and effectively communicate in person, in writing and by telephone.
Computer Skills
Proficient in use of MS Office - Word, Excel, PowerPoint, Visio, Project, Access, SharePoint
Benefits
- On the Job Training
- 15 days of PTO, 6 days of Sick Time, and 2 additional Floating Holidays starting January 1st of each year. Prorated PTO provided upon your start date based on the month you start.
- Eligibility for insurance on the 1st of the month, following 30 days of employment. Choose the best fit for your Medical, Dental and Vision plans that are available. United Auto Credit pays a portion of your monthly Medical Premium to help lower your costs too! Additional options of Flexible Spending Accounts and Health Savings Accounts based on the 3 different Medical Plans that are available. Including access to Telehealth (LiveHealth Online) – Medical and Mental Health.
- Do you like free money towards your retirement? United Auto Credit will match 50% on the first 6% of employee contribution.
- Employer-Paid Protection: Basic Life Insurance and AD&D, Short Term and Long Term Disability.
- A Business Casual environment that is Jean Friendly!
Job Type: Full-time
Pay: $20.00 - $24.00 per hour
Benefits:
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Referral program
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
- Weekends as needed
Experience:
- Underwriting in Auto Lending: 3 years (Preferred)
Language:
Location:
Work Location: Remote
