Automotive Commercial Underwriter
Company: Stellantis Financial Services US
Posted on: February 9, 2024
Stellantis Financial Services (SFS) is the new captive finance
company for one of the world's leading automakers and a mobility
provider with iconic brands including Abarth, Alfa Romeo, Chrysler,
Citro n, Dodge, DS Automobiles, Fiat, Jeep , Lancia, Maserati,
Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys.
Our exciting growth provides opportunities to advance your career
as we successfully lead products and services from a small to
midsize company in just a few years. Join our world class team and
culture and contribute to our core mission which is enhancing our
The Automotive Commercial Underwriter will complete financial
analysis for floorplan acquisitions and other associated commercial
lending, including real estate. Responsible for facets of
commercial credit packages, including clear communication of risks
and any recommended mitigation strategies, consulting with SFS
Legal to protect SFS interests, maintenance of UCC filings, and
review of loan documentation prior to funding. As we are a new
department, this is an opportunity to help shape a captive
automotive commercial lending department for long term success.
Essential Duties and Responsibilities include the following.
- Personal career growth work with Underwriting Manager to map a
development plan tailored to your personal career goals.
- Underwriting commercial loan requests by analyzing the
financial condition of the dealerships via financial statements,
tax returns, CPA statements, general ledgers, trial balances,
account schedules, bank statements, or any other necessary
- Cash flow analysis and pro forma forecasting and
- Full understanding of dealership entity legal ownership
structure and clear, concise explanation of those structures.
Ensure appropriate security (guarantees, collateralization) are
recommended per both the risk profile and ownership structure of
- Direct package decisioning to the appropriate authority level
per SFS policy. Present, communicate package details as required by
that authority level, including recommendation.
- Ownership of UCC filing process, ensuring legal security
matches that defined in the credit package
- Timely and clear communication to key stakeholders through the
underwriting process. Obtain answers to any questions re: the
financials, line amounts, loan structure, or any other relevant
facets of the loan
- Maintain a customer focus throughout the underwriting process;
no shortcuts, but be aware of timing and relevance of requests of
dealers to the final product
- Final review of loan documentation and take-over audit prior to
- Periodic account reviews and maintenance
- Ad hoc projects as needed
Competencies To perform the job successfully, an individual should
demonstrate the following competencies:
Leadership Leads by example. Owns his/her activities and outcomes.
Contributes to making SFS a great place to work through daily
interactions. Contributes to an environment of continuous learning
and improvement. Owns self-development aligning with individual
Attention to detail ability to work accurately and to identify,
analyze, prevent and solve problems.
Customer Service - Manages difficult or emotional customer
situations; Responds promptly to customer needs; Solicits customer
feedback to improve service; Responds to requests for service and
assistance; Meets commitments.
Interpersonal Skills Ability to work with others, ability to gain
credibility, provide effective customer service and foster positive
working relationships with internal and external
Oral Communication Able to translate, summarize, and communicate
complex ideas and clearly articulate concepts to multiple
Written Communication Writes clearly and informatively, edits work
for spelling and grammar, presents numerical data effectively, able
to read and interpret written information.
Teamwork - Balances team and individual responsibilities;
Contributes to building a positive team spirit.
Quality Management - Looks for ways to improve and promote quality;
Demonstrates accuracy and thoroughness.
Ethics - Treats people with respect; Keeps commitments; inspires
the trust of others; Works with integrity and ethically; Upholds
Organizational Support - Follows policies and procedures; Completes
administrative tasks correctly and on time; supports organization's
goals and values.
Planning/Organizing - Uses time efficiently; able to perform and
prioritize multiple tasks seamlessly.
Professionalism - Approaches others in a tactful manner; Reacts
well under pressure; Treats others with respect and consideration
regardless of their status or position; Accepts responsibility for
own actions; Follows through on commitments.
Quality - Demonstrates accuracy and thoroughness; Applies feedback
to improve performance.
Adaptability - Changes approach or method to best fit the
situation; Able to deal with frequent change, delays, or unexpected
Dependability - Follows instructions, responds to management
direction; Takes responsibility for own actions; Commits to long
hours of work when necessary to reach goals; Completes tasks on
time or notifies appropriate person with an alternate
Initiative - Asks for and offers help when needed.
Innovation - Meets challenges with resourcefulness; Generates
suggestions for improving work.
To perform this job successfully, an individual must be able to
perform each essential duty satisfactorily. The requirements listed
below are representative of the knowledge, skill, and/or ability
required. Reasonable accommodations may be made to enable
individuals with disabilities to perform the essential
Education and/or Experience The knowledge, skills and abilities
typically acquired through the completion of a college degree or
MBA. Candidates should have at least 1 year of automotive floor
plan underwriting experience required and 3 years is
Financial Skills Candidates should have extensive knowledge of
accounting, financial statement analysis, cash flow and dealer
workout and ability to interpret key financial ratios as defined by
Mathematical Skills Algebraic calculations are periodically
required to calculate items relevant to a commercial contract or
line of credit.
Computer Skills To perform this job successfully, an individual
should have beginning to intermediate MS Office skill in Excel,
Word and PowerPoint.
Other Qualifications Knowledge of industry specific web based tools
such as DataScan, DocuSign, etc.
Physical Demands 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.
Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly
required to sit; use hands to type; reach with hands and arms and
talk or hear. The employee is occasionally required to stand; walk
and stoop, kneel, crouch, or crawl. The employee must occasionally
lift and/or move up to 10 pounds. Specific vision abilities
required by this job include close vision.
Work Environment The work environment characteristics described
here are representative of those an employee encounters while
performing the essential functions of this job. Reasonable
accommodations may be made to enable individuals with disabilities
to perform the essential functions. The noise level in the work
environment is usually moderate.
Schedule This position requires the ability to work various shifts
to accommodate business needs. Typically, between the hours of
8AM-6PM Monday through Friday and on weekends as needed. Travel is
required 10% of the time.
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. Candidates must possess
authorization to work in the United States. This policy applies to
recruitment and placement, promotion, training, transfer,
retention, rate of pay and all other terms and conditions of
employment. Employment and promotion decisions will be based solely
on merit, ability, achievement, experience, conduct and other
legitimate business reasons.
Keywords: Stellantis Financial Services US, Dallas , Automotive Commercial Underwriter, Accounting, Auditing , Dallas, Texas
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