Senior Credit Analyst

About the role

The Senior Credit Analyst will prepare credit review recommendations that are timely, accurate, and thoroughly identify the overall risk exposure in new or existing relationships. Analysis of the monthly financial statements, tax returns, floor plan audit results, and operational performance is key to loss mitigation. The analyst will develop and maintain strong working relationships with the dealership contacts for their assigned portfolio and provide a high level of customer service. The analyst will also review loan documentation, including UCC filings and organizational documents.

Responsibilities

• Analyze financial trends month over month and year over year; identify deteriorating trends and explain ratio fluctuations in presentations to management
• Reconcile dealership factory statements to tax returns/CPA statements; research irregularities and make adjusting entries in the financial analysis system
• Prepare credit reviews which identify and detail the risk exposure in new or existing relationships; provide recommendations on loan requests
• Review floor plan audit results, collect payments due, and communicate results to management; ensure audits are properly scheduled
• Conduct floor plan audits at a dealership on occasion
• Monitor payment trends at assigned dealerships and follow up on any irregularities identified
• Travel to assigned dealerships on occasion to solidify relationships and monitor financial condition
• Review loan documents, organizational documents, and UCC filings
• Prepare loan documentation checklists and clear loan compliance exceptions
• Prepare monthly reporting packages for management
• Provide recommendations and work on projects to improve operational efficiency

Qualifications

• Bachelor's degree in accounting, finance, or a related field; equivalent work experience is a plus.
• Knowledge of automotive dealer commercial credit loans and operations (Inventory floor plan financing, working capital and acquisition loans, real estate mortgages, and facility construction loans), including familiarity with commercial credit loan documentation.
• Minimum of two years' experience in commercial credit financial analysis and credit underwriting, with an emphasis on the automotive field.
• Strong critical credit analysis skills, including the ability to provide credit and financial statement analysis: debits and credits, sales and profitability, liquidity and leverage, cash flow and debt service coverage, loan-to-value and collateral coverage, ratio measurement and trending-both statistically and in narrative form.
• Field floor plan auditing would be considered a plus.
• Ability to work with minimal supervision, manage multiple priorities effectively, and maintain strong organizational skills.
• Possess verbal and written communication skills and exhibit effective interpersonal skills.
• Advanced proficiency in MS Excel, MS Word, and MS PowerPoint. Experience with Power BI would be considered a plus.
• Ability to travel when necessary, although not frequently.

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This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at any time at the sole discretion of JM Family. All work arrangements are subject to associate performance, business need and manager discretion, and may be revised as necessary.