Retail Credit Specialist

As a Retail Credit Specialist, you will underwrite $400 million in credit submissions annually and underwrite fleet credit line relationship up to $750K.

You will be responsible for managing risk while maximizing portfolio growth by analyzing and interpreting consumer and business credit data while remaining compliant with federal, state and BMW Group Financial Services' regulatory requirements, practices, policies, and procedures (including but not limited to fair lending, Equal Credit Opportunity Act, Truth in Lending Act, Anti-Money laundering and Financial Sanctions, and Anti-Fraud management).

This role is also responsible to ensure adherence to Financial Abuse prevention, as well as the prevention of Unfair, Deceptive, Abusive Acts and Practices.

In this role, you will analyze information received from consumer and business credit application and credit reporting agencies to make prudent credit decisions, collect, and analyze all requisite documentation including, but not limited to, financial and income statements to decision business and fleet applications, negotiate terms and conditions of application decisions with Centers within established approval and exception guidelines to ensure credit quality and profitability.

You will mitigate risk through thorough analysis and appropriate verification tools, escalate applications exceeding lending authority to Senior Credit Analyst / Manager / Team Leader and support and promote company cultural values, service standards, and goals in all aspects of performance.

In this position you will communicate credit decisions and rationale to Centers by telephone and through well documented stipulations and recommend alternative options on declined applications upon which the Center may be able to offer.

You must be an effective negotiator and able to structure deals to mitigate risk, be responsive to Center calls, e-mails, and voicemails, as well as maintain and develop Center relationships by building rapport through telephone calls and in-person dealer events.

Relocation is not available for this position. This is a hybrid role that requires regular attendance in the office. Requirements :

• Bachelor's Degree or consistent work towards attainment or equivalent experience and / or certification.
• 2+ years of Finance experience or related education Preferences :
• Preferred area of Study : Business degree with concentration in Finance.
• 1-2 Years Credit Analysis experience
• 1-2 Years Collections experience
• 1-2 Years Dealer Facing experience Join the BMW Financial Services team and enjoy a high-performance Total Rewards package that may include :
• Medical, Dental, and Vision insurance + All with options for $0 Employee contribution
• 401(k) with Company match
• Retirement Income Account (RIA)
• Employee vehicle program
• Bonus eligibility
• Paid Parental Leave of up to 6 weeks
• Paid Time Off in addition to Company paid holidays where eligible
• Hybrid work environment
• Voluntary Benefits to fit your needs The pay range for this role is $65,070.00 - $80,222.00 The selected candidate's education, skills, experience, and location will be used to determine the final salary offer.

All pay ranges are based on a full-time work schedule.

This statement is in accordance with state and local pay disclosure requirements. Even more so than the generous compensation and benefits, the culture and values of BMW Financial Services make it the ultimate working environment.

These values are Responsibility, Appreciation, Transparency, Trust, and Openness.

We allow these values to guide the way we conduct ourselves and our business. At BMW, we are driven by diversity, equity, and inclusion.

We are proud to be an Equal Opportunity Employer and are welcoming of all individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.