Sr Credit Analyst

Accounting and Finance
Details:
Automotive industry
Underwriting
Business Development
Negotiation
Burnaby
Bilingual
August 1, 2017
Updated on
September 13, 2017
Valid until

The Sr. Credit Analyst will be responsible for researching, analyzing credit risks, assessing credit history and approving or denying extension of credit to potential customers (Consumer & Commercial).

The analyst will have daily contact with other departments within the corporation, as well as automotive dealers and other finance sources.

Responsibilities

Underwriting – 30%

   Analyze information received from credit applications and credit reporting agencies to make prudent credit decisions

   Maintaining/exceeding established standards and targets while adhering to all credit policies, procedures and guidelines.

   Escalate with recommendation those credit applications that exceed discretionary limits and established guidelines

   Assessing credit worthiness of prospective customers and approving / recommending credit terms and limits appropriate to the customer’s requirements on Consumer & Commercial accounts

Business Development – 25%

   Establish dealer relationships by building rapport through telephone contact .

   Ability to take initiative and work in a team environment to deliver excellent customer service in meeting turnaround times by processing requests

   Flexible, reliable, conscientious and able to follow directions.

   Perform due diligence in support of all credit applications

Negotiation – 25%

   Negotiate terms and conditions of loan decisions with dealers within established approval/exception guidelines.

   Excellent listening skills.

   Sound knowledge of assessing and reviewing financial statements to ensure credit worthiness vs. acceptable level of risk by interpreting and applying the corporation’s credit and operational risk management strategies

Service – 20%

   Promote and provide a high standard of service to dealers and other areas within the company/adhering to service standard guidelines.

   Support both inbound and outbound calls with a focus on providing professional customer service related to consumer/commercial applications, programs, rates and vehicle residual values to maintain positive relationships

   Maintain good channels of communication with all business units including interaction with senior leadership team.

   Contribute to operational improvements to streamline procedures/processes and enhance service

REPORTING RELATIONSHIP

Reports to: Credit Manager

Direct Reports: None

Qualifications

Education

   Minimum education of a College or University business diploma or equivalent experience.

Experience

   Minimum 2 years of direct lending experience, automotive preferred

Knowledge/Skills

   Knowledge of basic lending principles

   Knowledge and understanding of basic credit bureau reports

   Knowledge and understanding of detailed financial statement and ratio analysis

   Knowledge of standard office software.

   Automotive lending and/or leasing experience would be considered a definite asset

   Written and oral English is a must, bilingual French is preferred.

   Excellent report writing and communication skills (written and verbal).

   Excellent Communication and interpersonal skills.

   Successful Candidate must be able to work in a fast paced, high pressure environment

   The successful candidate must be detailed oriented, open to change, be able to work independently, be a team player, and organized.

   Requires strong analytical and problem-solving skills with the ability to underwrite loans and mitigate risk.

   Requires the ability to successfully negotiate business transactions with automotive dealers