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Small Business Credit Analyst I
2 months ago
Job Summary:
The Small Business Credit Analyst I will be responsible for evaluating loan applications by analyzing commercial and consumer credit reports to assess creditworthiness of potential borrowers. The successful candidate will make recommendations, issue approvals and declines credit requests in accordance with company credit risk policies, compliance guidelines, and profitability models.
Key Responsibilities:
- Review loan applications and conduct underwriting activities to assess risk, including analyzing commercial and consumer credit reports and other relevant data.
- Determine credit limits, terms, structure, and interest rates based on risk assessment and company lending policies and determine credit risk.
- Manage exceptions to published credit authority using judgment and experience to produce risk outcomes within company expectations.
- Communicate loan application outcomes to dealers via phone, email, or other appropriate means and follow-up to solicit business.
- Complete final disposition on credit applications or forward to appropriate level of authority for final approval.
- Negotiate final terms of contracts with dealers and maintain confidentiality of personal information for consumers.
Requirements:
- Minimum 1 year auto finance experience as a loan processor, funder, or relevant experience.
- High school diploma and/or GED. BS/BA Degree in Business, Finance, or Accounting or other related field will be considered in lieu of the required minimum experience requirements.
Preferred Qualifications:
- Strong analytical and problem-solving skills.
- Ability to make sound decisions based on thorough analysis and evaluation.
- Exceptional attention to detail and accuracy.
- Intermediate MS Office skills in Word and PowerPoint and Excel.
- Effective communication skills, both written and verbal.
Work Environment:
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. Sitting for long periods of time, standing, walking, close vision for computer work, speaking, hearing, lift and/or move up to 10 lbs. Reasonable accommodation will be reviewed upon request.
Equal Opportunity Employer:
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.