Senior Commercial Credit Underwriter

2 days ago


Lewisville, Texas, United States Ally Full time

About the Role

The Senior Commercial Credit Underwriter will be responsible for conducting in-depth financial analysis and due diligence for credit extensions to business customers. This role requires strong analytical skills, attention to detail, and the ability to communicate complex financial information to stakeholders.

Key Responsibilities

  • Conduct financial analysis on companies in various industries, utilizing financial statements and supporting documentation.
  • Prepare formalized proposals summarizing the analysis, identifying credit concerns and making recommendations for credit extensions.
  • Review ownership, licensing, and other related items to ensure company compliance and guidelines are met.
  • Interface with key personnel of companies, stakeholders, and other relevant parties to obtain required information.
  • Update company records, reports, and risk modeling systems with information gathered during the underwriting review process.
  • Execute other related responsibilities and projects as assigned.

Requirements

  • Undergraduate degree or equivalent training.
  • Minimum four years of commercial credit underwriting or equivalent commercial lending experience preferred.
  • Understanding of dealership and wholesale administration a plus.
  • Strong financial analysis and analytic/problem solving skills required.
  • Proficient in intermediate MS applications (Word, Excel, Access, and PowerPoint).

About Ally

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family.

Benefits

  • Time Away: 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly.
  • Planning for the Future: industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs, and 529 educational save up assistance programs.
  • Supporting your Health & Well-being: flexible health and insurance options, employee, spouse, and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program.
  • Building a Family: adoption, surrogacy, and fertility assistance, paid parental and caregiver leave, Dependent Day Care FSA, back-up child and adult/elder care days, and childcare discounts.
  • Work-Life Integration: Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers program, and other employee discount programs.
  • Other compensations: depending on the role, you may be eligible for travel allowances, relocation assistance, a signing bonus, and/or equity.


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