Analyst Commercial Credit Underwriting
Overview:
Why GM Financial Commercial Lending Service?
GM Financial promotes an inclusive Culture to Win that is centered around leading with core values, empowering team members, and accomplishing strategic priorities while supporting our community and earning customers for life. We invite YOU to join an innovative team of trend-setters in the automotive finance industry.
GM Financial is the wholly owned captive finance subsidiary of General Motors offering a suite of financing solutions to U.S. and Canadian dealers that supports business initiatives across all economic cycles. Each team within our department works together to facilitate floorplan requests and deliver world class service, making GMF the largest floorplan provider for GM dealerships.
Our dealers count on us daily, therefore we take our mission seriously. We believe it all comes down to adding value, cultivating relationships, and earning trust. That’s why GM Financial needs passionate, innovative, and spirited team members just like YOU.
Responsibilities:
About the role:
The Analyst Commercial Credit-Underwriting completes financial analysis for floorplan acquisitions, loan proposals and renewals of existing credit lines, in addition to completing a review of the dealer's monthly financial operating statements.This includes analysis of automotive dealerships financial statements, accurate reporting of findings, ensuring corporate compliance and risk management, as well as contact with dealership personnel and communication with internal/external stakeholders.
Provide recommendations and supporting documentation and mitigate risk.
What you'll be doing:
- Review dealers monthly operating statements
- Analyze financial statements of automotive dealerships and related customers
- Preparing management summaries/proposals for credit committee approval
- Central point of contact for all internal and external customer commercial lending request or inquires
Qualifications:
What makes you a dream candidate?- Knowledge of financial statements of automotive dealerships and related customers.
- Review dealers monthly operating statements and calculate monthly Risk Ratings
- Monitor and react to negative trends to mitigate potential losses.
- Recommend temporary and /or permanent credit line increases.
- Interfacing with customers and internal/external stakeholders to obtain data.
- Monitor and manage assigned portfolio with data obtained from both internal and external sources.
- Be a central point of contact for all internal and external customer commercial lending request or inquires.
- Extensive knowledge of dealership, manufacturer and commercial lending floorplan programs and processes
Experience:
- 1 to 3 years of directly related experience in financial analysis and experience in automotive dealership commercial lending environment required.
- Bachelor’s Degree in related field preferred.
What we offer:
- Excellent Health, Vision and Dental Benefits
- Company Match program for RRSP contributions
- Generous Paid Time Off (personal, vacation, sick, paid holidays)
- Casual Dress Code
- Dynamic relationships between teams and leadership
- Quarterly Volunteer Opportunities
- Hybrid work schedule offered; ability to work a portion of your week from home
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